TransUnion (TRU) To Go Ex-Dividend on November 10th

TransUnion (NYSE:TRU) declared a quarterly dividend on Monday, October 26th. Stockholders of record on Tuesday, November 10th will be given a dividend of $0.1350 per share by the business services provider on Wednesday, November 25th. This represents a $0.54 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Tuesday, November 10th. This is a 8.0% increase from TransUnion’s previous quarterly dividend of $0.1250.

TransUnion has increased its dividend payment 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 11.4% meaning its dividend is sufficiently covered by earnings. Equities analysts expect TransUnion to earn $4.74 per share next year, which means the company should continue to be able to cover its $0.54 annual dividend with an expected future payout ratio of 11.4%.

TransUnion Stock Performance

NYSE:TRU opened at $81.38 on Friday. The company has a current ratio of 2.03, a quick ratio of 2.03 and a debt-to-equity ratio of 1.07. The company has a market capitalization of $15.52 billion, a P/E ratio of 19.80, a price-to-earnings-growth ratio of 1.54 and a beta of 1.56. The firm has a 50-day moving average price of $74.11 and a two-hundred day moving average price of $74.16. TransUnion has a twelve month low of $60.96 and a twelve month high of $89.12.

TransUnion (NYSE:TRU) last announced its quarterly earnings results on Tuesday, October 27th. The business services provider reported $1.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.21 by $0.04. TransUnion had a net margin of 15.83% and a return on equity of 16.51%. The company had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.31 billion. During the same quarter in the prior year, the firm earned $1.10 earnings per share. The company’s revenue for the quarter was up 12.2% compared to the same quarter last year. As a group, research analysts expect that TransUnion will post 4.27 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently commented on TRU. Wall Street Zen lowered TransUnion from a “buy” rating to a “hold” rating in a research note on Saturday, October 3rd. Robert W. Baird set a $99.00 price target on shares of TransUnion in a report on Wednesday, October 28th. Griffin Securities set a $98.00 price objective on shares of TransUnion in a research report on Wednesday, July 29th. The Goldman Sachs Group raised their target price on shares of TransUnion from $68.00 to $78.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 28th. Finally, Royal Bank Of Canada lowered their target price on shares of TransUnion from $100.00 to $92.00 and set an “outperform” rating for the company in a research note on Friday, October 16th. Ten investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $90.69.

About TransUnion

TransUnion is a global information and insights company that helps businesses assess risk, prevent fraud and make informed decisions. Its services include credit reporting and scoring, identity verification, fraud detection, and data and analytics solutions for industries such as financial services, retail, insurance and telecommunications.

The company also provides consumers with access to credit information and tools to monitor and manage their financial identities. Its offerings include credit reports, credit monitoring and identity-protection services.

Founded in 1968, TransUnion is headquartered in Chicago and serves customers in more than 30 countries.