AECOM (NYSE:ACM) Plans $0.26 Quarterly Dividend

AECOM (NYSE:ACM) announced a quarterly dividend on Thursday, March 6th, RTT News reports. Stockholders of record on Wednesday, April 2nd will be paid a dividend of 0.26 per share by the construction company on Thursday, April 17th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.12%. The ex-dividend date is Wednesday, April 2nd.

AECOM has a dividend payout ratio of 18.5% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect AECOM to earn $5.65 per share next year, which means the company should continue to be able to cover its $1.04 annual dividend with an expected future payout ratio of 18.4%.

AECOM Trading Down 2.2 %

Shares of ACM stock opened at $92.48 on Monday. AECOM has a fifty-two week low of $82.23 and a fifty-two week high of $118.56. The firm has a market capitalization of $12.27 billion, a P/E ratio of 26.27, a PEG ratio of 1.63 and a beta of 1.22. The stock’s fifty day moving average is $100.34 and its two-hundred day moving average is $105.18. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.14 and a current ratio of 1.14.

AECOM (NYSE:ACM) last posted its quarterly earnings results on Monday, February 3rd. The construction company reported $1.31 earnings per share for the quarter, topping the consensus estimate of $1.10 by $0.21. AECOM had a net margin of 2.93% and a return on equity of 26.84%. Research analysts expect that AECOM will post 5.1 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on ACM. Barclays upped their price target on AECOM from $105.00 to $120.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. KeyCorp dropped their target price on AECOM from $122.00 to $121.00 and set an “overweight” rating for the company in a report on Wednesday, January 8th. Robert W. Baird reduced their price target on AECOM from $125.00 to $117.00 and set an “outperform” rating on the stock in a report on Tuesday, February 4th. Finally, Citigroup dropped their price objective on shares of AECOM from $128.00 to $127.00 and set a “buy” rating for the company in a report on Wednesday, January 29th. Nine research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $120.38.

AECOM Company Profile

AECOM, together with its subsidiaries, provides professional infrastructure consulting services worldwide. It operates in three segments: Americas, International, and AECOM Capital. The company offers planning, consulting, architectural and engineering design, construction and program management, and investment and development services to public and private clients.