Separately, Zacks Investment Research cut Leucadia National from a buy rating to a hold rating in a report on Wednesday, January 31st.
Leucadia National (NYSE LUK) opened at $24.97 on Thursday. Leucadia National has a twelve month low of $22.23 and a twelve month high of $28.30. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.67 and a quick ratio of 0.67. The stock has a market capitalization of $8,900.00, a price-to-earnings ratio of 16.21, a P/E/G ratio of 0.84 and a beta of 1.24.
Leucadia National (NYSE:LUK) last issued its earnings results on Thursday, February 22nd. The conglomerate reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.01. Leucadia National had a return on equity of 6.18% and a net margin of 1.81%. The company had revenue of $2.94 billion for the quarter, compared to analysts’ expectations of $2.91 billion. During the same period last year, the business earned $0.37 EPS. Leucadia National’s quarterly revenue was up 7.1% compared to the same quarter last year. analysts predict that Leucadia National will post 1.62 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Monday, March 19th will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.60%. The ex-dividend date of this dividend is Friday, March 16th. Leucadia National’s dividend payout ratio is currently 25.97%.
Several institutional investors and hedge funds have recently modified their holdings of the stock. Caisse DE Depot ET Placement DU Quebec lifted its holdings in shares of Leucadia National by 2.0% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 99,831 shares of the conglomerate’s stock worth $2,531,000 after purchasing an additional 2,000 shares in the last quarter. Public Employees Retirement Association of Colorado raised its position in Leucadia National by 3.1% in the 4th quarter. Public Employees Retirement Association of Colorado now owns 69,563 shares of the conglomerate’s stock valued at $1,843,000 after buying an additional 2,061 shares during the last quarter. Synovus Financial Corp raised its position in Leucadia National by 21.5% in the 3rd quarter. Synovus Financial Corp now owns 11,956 shares of the conglomerate’s stock valued at $302,000 after buying an additional 2,116 shares during the last quarter. Intrepid Capital Management Inc. raised its position in Leucadia National by 0.4% in the 3rd quarter. Intrepid Capital Management Inc. now owns 657,770 shares of the conglomerate’s stock valued at $16,609,000 after buying an additional 2,745 shares during the last quarter. Finally, Wealthfront Inc. raised its position in Leucadia National by 21.0% in the 4th quarter. Wealthfront Inc. now owns 17,217 shares of the conglomerate’s stock valued at $456,000 after buying an additional 2,987 shares during the last quarter. Institutional investors own 73.74% of the company’s stock.
Leucadia National Company Profile
Leucadia National Corporation (Leucadia) is a diversified holding company focused on return on investment and long-term value. The Company’s segments, based on requirements are Jefferies, National Beef, and Corporate and other. Jefferies is a global full-service, integrated securities and investment banking firm.
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