Nu Skin Enterprises, Inc. to Issue Quarterly Dividend of $0.06 (NYSE:NUS)

Nu Skin Enterprises, Inc. (NYSE:NUS) declared a quarterly dividend on Thursday, November 6th. Stockholders of record on Friday, November 28th will be given a dividend of 0.06 per share on Wednesday, December 10th. This represents a c) annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Friday, November 28th.

Nu Skin Enterprises has decreased its dividend payment by an average of 0.3%annually over the last three years. Nu Skin Enterprises has a payout ratio of 32.0% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Nu Skin Enterprises to earn $1.08 per share next year, which means the company should continue to be able to cover its $0.24 annual dividend with an expected future payout ratio of 22.2%.

Nu Skin Enterprises Stock Performance

NYSE:NUS traded down $1.71 during mid-day trading on Friday, hitting $9.12. The stock had a trading volume of 442,718 shares, compared to its average volume of 621,805. The company has a current ratio of 2.01, a quick ratio of 1.38 and a debt-to-equity ratio of 0.27. The company has a 50 day simple moving average of $11.42 and a 200-day simple moving average of $9.42. The stock has a market capitalization of $451.42 million, a price-to-earnings ratio of 4.52 and a beta of 0.97. Nu Skin Enterprises has a 52 week low of $5.32 and a 52 week high of $14.62.

Nu Skin Enterprises (NYSE:NUS) last posted its earnings results on Thursday, November 6th. The company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.30 by $0.04. Nu Skin Enterprises had a net margin of 6.20% and a return on equity of 8.23%. The firm had revenue of $364.21 million during the quarter, compared to analysts’ expectations of $374.20 million. Nu Skin Enterprises has set its FY 2025 guidance at 1.250-1.350 EPS. Q4 2025 guidance at 0.250-0.350 EPS. On average, research analysts expect that Nu Skin Enterprises will post 1.05 earnings per share for the current fiscal year.

Insider Transactions at Nu Skin Enterprises

In related news, Director Daniel W. Campbell sold 23,391 shares of the stock in a transaction on Friday, August 29th. The stock was sold at an average price of $12.10, for a total value of $283,031.10. Following the completion of the transaction, the director owned 53,375 shares in the company, valued at $645,837.50. This trade represents a 30.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Chayce David Clark sold 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $11.97, for a total transaction of $239,400.00. Following the sale, the executive vice president owned 233,140 shares in the company, valued at $2,790,685.80. This represents a 7.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 58,926 shares of company stock valued at $711,364 over the last three months. Company insiders own 2.00% of the company’s stock.

Institutional Investors Weigh In On Nu Skin Enterprises

Several hedge funds have recently bought and sold shares of the business. GAMMA Investing LLC lifted its position in shares of Nu Skin Enterprises by 63.5% in the third quarter. GAMMA Investing LLC now owns 3,036 shares of the company’s stock worth $37,000 after purchasing an additional 1,179 shares in the last quarter. PAX Financial Group LLC lifted its position in Nu Skin Enterprises by 5.0% in the 1st quarter. PAX Financial Group LLC now owns 38,473 shares of the company’s stock worth $279,000 after buying an additional 1,840 shares in the last quarter. Inspire Investing LLC boosted its stake in shares of Nu Skin Enterprises by 4.8% during the 2nd quarter. Inspire Investing LLC now owns 48,794 shares of the company’s stock valued at $390,000 after buying an additional 2,250 shares during the period. SummerHaven Investment Management LLC grew its holdings in shares of Nu Skin Enterprises by 3.1% during the 2nd quarter. SummerHaven Investment Management LLC now owns 82,344 shares of the company’s stock valued at $658,000 after acquiring an additional 2,484 shares in the last quarter. Finally, Tower Research Capital LLC TRC increased its stake in shares of Nu Skin Enterprises by 107.4% in the second quarter. Tower Research Capital LLC TRC now owns 5,048 shares of the company’s stock worth $40,000 after acquiring an additional 2,614 shares during the last quarter. 82.84% of the stock is owned by hedge funds and other institutional investors.

Nu Skin Enterprises Company Profile

Nu Skin Enterprises, Inc, together with its subsidiaries, engages in the development and distribution of various beauty and wellness products worldwide. It offers skin care devices, cosmetics, and other personal care products, including ageLOC LumiSpa and ageLOC LumiSpa iO; and nutricentials skin care products.