
eMagin Corporation (NYSE:EMA – Free Report) – Equities research analysts at Scotiabank increased their FY2026 earnings estimates for eMagin in a note issued to investors on Thursday, May 14th. Scotiabank analyst A. Weisel now anticipates that the company will post earnings per share of $2.77 for the year, up from their previous forecast of $2.73.
A number of other research analysts also recently commented on EMA. Weiss Ratings raised shares of eMagin from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday. Barclays reduced their price objective on eMagin from $53.00 to $52.00 and set an “equal weight” rating on the stock in a research note on Monday. Finally, Wall Street Zen raised eMagin from a “strong sell” rating to a “sell” rating in a research note on Saturday, April 18th. One research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $56.33.
eMagin Stock Performance
eMagin stock opened at $52.29 on Friday. The company’s 50-day moving average price is $52.36 and its 200-day moving average price is $50.20. eMagin has a twelve month low of $41.90 and a twelve month high of $54.06.
Institutional Trading of eMagin
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Parallel Advisors LLC lifted its stake in eMagin by 130.9% in the first quarter. Parallel Advisors LLC now owns 508 shares of the company’s stock worth $26,000 after purchasing an additional 288 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of eMagin by 1,375.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 708 shares of the company’s stock worth $35,000 after buying an additional 660 shares during the period. Versant Capital Management Inc bought a new stake in shares of eMagin during the 3rd quarter worth approximately $284,000. Syon Capital LLC bought a new stake in shares of eMagin during the 3rd quarter worth approximately $306,000. Finally, DGS Capital Management LLC purchased a new position in eMagin during the 1st quarter valued at $349,000.
eMagin Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Friday, May 1st will be paid a dividend of $0.7325 per share. The ex-dividend date of this dividend is Friday, May 1st. This represents a $2.93 dividend on an annualized basis and a dividend yield of 5.6%.
eMagin Company Profile
eMagin Corporation engages in the design, develop, manufacture, and market of organic light-emitting diode (OLED) miniature displays on-silicon micro displays, virtual imaging products that utilize OLED micro displays, and related products in the United States and internationally. It offers super video graphics array (SVGA) + OLED micro displays; digital SVGA OLED-XL; super extended graphics array OLED-XL/XLS; video graphics array OLED-XL; and widescreen ultra-extended graphics array OLED-XL. The company also provides design reference kits, which include a micro display and associated electronics to help original equipment manufacturers (OEMs) to evaluate micro display products; near-eye virtual imaging modules that incorporate its OLED-on-silicon micro displays with its lenses and electronic interfaces for integration into OEM products; prism optics, a molded plastic prism lens that permits its AMOLED micro displays to provide realistic images that can be viewed for extended periods with reduced eye-fatigue; and driver boards.
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