Alliance Data Systems Co. (NYSE:ADS) declared a quarterly dividend on Thursday, April 20th. Shareholders of record on Monday, May 15th will be paid a dividend of 0.52 per share by the business services provider on Monday, June 19th. This represents a $2.08 annualized dividend and a yield of 0.88%. The ex-dividend date is Thursday, May 11th.
Alliance Data Systems has a dividend payout ratio of 11.8% meaning its dividend is sufficiently covered by earnings. Analysts expect Alliance Data Systems to earn $21.37 per share next year, which means the company should continue to be able to cover its $2.08 annual dividend with an expected future payout ratio of 9.7%.
Alliance Data Systems (NYSE:ADS) opened at 235.17 on Friday. Alliance Data Systems has a 12 month low of $185.02 and a 12 month high of $266.25. The stock has a market cap of $13.09 billion, a price-to-earnings ratio of 31.21 and a beta of 1.65. The firm’s 50-day moving average price is $249.71 and its 200 day moving average price is $235.87.
Alliance Data Systems (NYSE:ADS) last released its earnings results on Thursday, April 20th. The business services provider reported $3.91 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $3.64 by $0.27. Alliance Data Systems had a return on equity of 54.59% and a net margin of 7.23%. The company had revenue of $1.88 billion for the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter in the previous year, the firm posted $3.84 EPS. The firm’s quarterly revenue was up 12.1% on a year-over-year basis. On average, analysts anticipate that Alliance Data Systems will post $18.56 earnings per share for the current year.
Several research firms have issued reports on ADS. Oppenheimer Holdings Inc. began coverage on Alliance Data Systems in a research report on Tuesday, April 11th. They set an “underperform” rating and a $185.00 target price on the stock. Deutsche Bank AG set a $278.00 target price on Alliance Data Systems and gave the stock a “buy” rating in a research report on Monday, May 1st. Cowen and Company reiterated an “outperform” rating and set a $255.00 target price on shares of Alliance Data Systems in a research report on Wednesday, April 19th. Zacks Investment Research cut Alliance Data Systems from a “hold” rating to a “sell” rating in a research report on Tuesday, April 25th. Finally, Jefferies Group LLC reiterated a “buy” rating and set a $270.00 target price on shares of Alliance Data Systems in a research report on Tuesday, May 2nd. Five equities research analysts have rated the stock with a sell rating, five have given a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $239.42.
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In other Alliance Data Systems news, EVP Bryan A. Pearson sold 3,450 shares of the stock in a transaction on Monday, February 27th. The stock was sold at an average price of $247.32, for a total transaction of $853,254.00. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, SVP Laura Santillan sold 2,784 shares of the stock in a transaction on Monday, February 27th. The stock was sold at an average price of $246.43, for a total value of $686,061.12. The disclosure for this sale can be found here. 2.50% of the stock is currently owned by corporate insiders.
Alliance Data Systems Company Profile
Alliance Data Systems Corporation is a provider of data-driven marketing and loyalty solutions serving consumer-based businesses in a range of industries. The Company offers a portfolio of integrated outsourced marketing solutions, including customer loyalty programs, database marketing services, end-to-end marketing services, analytics and creative services, direct marketing services, and private label and co-brand retail credit card programs.
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