McCarthy & Stone PLC (LON:MCS) announced a dividend on Tuesday, November 14th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, January 4th will be paid a dividend of GBX 3.60 ($0.05) per share on Thursday, February 1st. This represents a dividend yield of 2.26%. The ex-dividend date of this dividend is Thursday, January 4th. This is an increase from McCarthy & Stone’s previous dividend of $1.80. The official announcement can be viewed at this link.
Shares of McCarthy & Stone (LON:MCS) opened at GBX 157.80 ($2.11) on Friday. The company has a market cap of $857.04 and a PE ratio of 1,127.14. McCarthy & Stone has a twelve month low of GBX 143.78 ($1.92) and a twelve month high of GBX 199.60 ($2.67).
McCarthy & Stone (LON:MCS) last issued its quarterly earnings results on Tuesday, November 14th. The company reported GBX 13.80 ($0.18) EPS for the quarter, missing analysts’ consensus estimates of GBX 14 ($0.19) by GBX (0.20) ($0.00). The firm had revenue of £660.90 million for the quarter. McCarthy & Stone had a return on equity of 15.67% and a net margin of 13.44%.
A number of equities research analysts recently issued reports on MCS shares. Deutsche Bank restated a “buy” rating and issued a GBX 215 ($2.87) target price on shares of McCarthy & Stone in a report on Friday, September 1st. Peel Hunt restated a “buy” rating and issued a GBX 220 ($2.94) target price on shares of McCarthy & Stone in a report on Wednesday, September 6th. Barclays restated an “underweight” rating and issued a GBX 152 ($2.03) target price on shares of McCarthy & Stone in a report on Friday, September 22nd. Numis Securities lowered their target price on shares of McCarthy & Stone from GBX 179 ($2.39) to GBX 164 ($2.19) and set a “hold” rating for the company in a report on Tuesday, November 14th. Finally, lowered their target price on shares of McCarthy & Stone from GBX 179 ($2.39) to GBX 164 ($2.19) and set a “hold” rating for the company in a report on Tuesday, November 14th. One analyst has rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of GBX 197.75 ($2.64).
In other McCarthy & Stone news, insider John White acquired 100,000 shares of the firm’s stock in a transaction on Tuesday, November 14th. The stock was bought at an average cost of GBX 158 ($2.11) per share, for a total transaction of £158,000 ($211,258.19).
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