VSE Corporation to Issue Quarterly Dividend of $0.10 (NASDAQ:VSEC)

VSE Corporation (NASDAQ:VSEC) declared a quarterly dividend on Wednesday, November 19th. Stockholders of record on Thursday, January 15th will be given a dividend of 0.10 per share by the construction company on Thursday, January 29th. This represents a c) annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Thursday, January 15th.

VSE has increased its dividend payment by an average of 0.0%per year over the last three years. VSE has a payout ratio of 8.8% indicating that its dividend is sufficiently covered by earnings. Analysts expect VSE to earn $4.55 per share next year, which means the company should continue to be able to cover its $0.40 annual dividend with an expected future payout ratio of 8.8%.

VSE Stock Up 3.9%

Shares of NASDAQ VSEC traded up $6.32 during mid-day trading on Wednesday, reaching $169.39. The company had a trading volume of 295,626 shares, compared to its average volume of 250,036. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.44 and a current ratio of 3.94. VSE has a twelve month low of $88.69 and a twelve month high of $186.00. The stock’s 50 day moving average is $168.54 and its 200-day moving average is $150.57. The stock has a market capitalization of $3.90 billion, a PE ratio of 249.11, a price-to-earnings-growth ratio of 2.67 and a beta of 1.39.

VSE (NASDAQ:VSEC) last released its quarterly earnings data on Monday, October 27th. The construction company reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.84 by $0.15. VSE had a return on equity of 7.64% and a net margin of 1.23%.The firm had revenue of $282.91 million during the quarter, compared to analysts’ expectations of $276.48 million. The business’s revenue was up 38.9% on a year-over-year basis. VSE has set its FY 2025 guidance at EPS. As a group, equities analysts anticipate that VSE will post 2.96 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently commented on VSEC shares. Stifel Nicolaus began coverage on VSE in a research note on Tuesday, September 16th. They issued a “buy” rating and a $199.00 price target for the company. B. Riley boosted their target price on shares of VSE from $185.00 to $198.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Royal Bank Of Canada raised their price target on shares of VSE from $180.00 to $200.00 and gave the company an “outperform” rating in a report on Wednesday, October 29th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of VSE in a research note on Monday. Finally, Truist Financial reissued a “buy” rating and set a $201.00 target price (up from $177.00) on shares of VSE in a research report on Wednesday, October 29th. Six analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $197.17.

About VSE

VSE Corporation operates as a diversified aftermarket products and services company in the United States. The company operates through two segments, Aviation and Fleet. The Aviation segment provides aftermarket parts supply and distribution; maintenance, repair, and overhaul services for components and engine accessories supporting commercial, business, and general aviation operators.