TransUnion (NYSE:TRU – Get Free Report) announced a quarterly dividend on Friday, November 7th. Stockholders of record on Friday, November 21st will be given a dividend of 0.115 per share by the business services provider on Monday, December 8th. This represents a c) dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Friday, November 21st.
TransUnion has raised its dividend by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 1 years. TransUnion has a payout ratio of 9.7% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect TransUnion to earn $4.81 per share next year, which means the company should continue to be able to cover its $0.46 annual dividend with an expected future payout ratio of 9.6%.
TransUnion Stock Up 1.8%
Shares of TRU stock opened at $80.44 on Friday. The stock’s fifty day moving average price is $83.86 and its 200 day moving average price is $87.02. TransUnion has a 1-year low of $66.38 and a 1-year high of $108.12. The company has a market cap of $15.62 billion, a price-to-earnings ratio of 37.59, a price-to-earnings-growth ratio of 1.80 and a beta of 1.71. The company has a debt-to-equity ratio of 1.10, a current ratio of 2.01 and a quick ratio of 2.01.
Analyst Ratings Changes
A number of analysts recently commented on TRU shares. Oppenheimer assumed coverage on shares of TransUnion in a research note on Monday, October 13th. They issued an “outperform” rating and a $93.00 target price for the company. Seaport Res Ptn raised shares of TransUnion to a “hold” rating in a report on Wednesday, October 1st. BMO Capital Markets lifted their price objective on shares of TransUnion from $104.00 to $105.00 and gave the stock an “outperform” rating in a research note on Friday, October 24th. Robert W. Baird set a $125.00 price objective on shares of TransUnion in a report on Friday, October 24th. Finally, Stifel Nicolaus set a $103.00 target price on TransUnion in a research note on Friday, October 24th. Nine investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, TransUnion presently has a consensus rating of “Moderate Buy” and a consensus price target of $104.08.
Read Our Latest Analysis on TRU
About TransUnion
TransUnion operates as a global consumer credit reporting agency that provides risk and information solutions. The company operates through U.S. Markets, International, and Consumer Interactive segments. The U.S. Markets segment provides consumer reports, actionable insights, and analytic services to businesses, which uses its services to acquire new customers; assess consumer ability to pay for services; identify cross-selling opportunities; measure and manage debt portfolio risk; collect debt; verify consumer identities; and mitigate fraud risk.
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