Enersys (ENS) to Issue Quarterly Dividend of $0.29 on December 31st

Enersys (NYSE:ENS) announced a quarterly dividend on Wednesday, November 11th. Investors of record on Friday, December 18th will be paid a dividend of $0.2875 per share by the industrial products company on Thursday, December 31st. This represents a $1.15 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, December 18th.

Enersys has increased its dividend payment by an average of 0.1% annually over the last three years and has raised its dividend every year for the last 2 years. Enersys has a payout ratio of 11.0% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Enersys to earn $15.10 per share next year, which means the company should continue to be able to cover its $1.15 annual dividend with an expected future payout ratio of 7.6%.

Enersys Price Performance

Shares of ENS stock opened at $147.73 on Friday. The stock has a 50 day moving average price of $172.71 and a 200 day moving average price of $190.58. Enersys has a 52-week low of $131.01 and a 52-week high of $244.30. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.83 and a current ratio of 2.80. The firm has a market capitalization of $5.33 billion, a P/E ratio of 14.83, a P/E/G ratio of 0.73 and a beta of 1.21.

Enersys (NYSE:ENS) last announced its quarterly earnings data on Wednesday, November 11th. The industrial products company reported $3.22 EPS for the quarter, beating the consensus estimate of $3.19 by $0.03. Enersys had a return on equity of 24.98% and a net margin of 9.86%. The company had revenue of $949.90 million for the quarter, compared to the consensus estimate of $968.76 million. During the same quarter in the prior year, the company posted $2.56 EPS. Enersys’s quarterly revenue was down .1% on a year-over-year basis. Enersys has set its Q3 2027 guidance at 3.050-3.150 EPS. As a group, sell-side analysts predict that Enersys will post 13.41 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Weiss Ratings lowered shares of Enersys from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday. Oppenheimer reaffirmed an “outperform” rating on shares of Enersys in a research note on Friday, August 14th. BTIG Research decreased their price objective on shares of Enersys from $280.00 to $250.00 and set a “buy” rating for the company in a report on Thursday. Zacks Research lowered shares of Enersys from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 13th. Finally, Wall Street Zen raised shares of Enersys from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 15th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $257.50.

About Enersys

EnerSys (NYSE: ENS) is a global provider of stored-energy solutions for industrial applications. Its products include batteries, chargers, power-conversion equipment and energy-storage systems, along with related services such as installation, maintenance and recycling. The company serves customers in markets including material handling, telecommunications, data centers, utilities, aerospace and defense, and transportation. Its offerings include lead-acid and lithium-ion batteries and other power systems designed for applications ranging from forklifts and other industrial vehicles to backup and grid-support power.