JBT Marel Corporation (NYSE:JBTM) Declares $0.10 Quarterly Dividend

JBT Marel Corporation (NYSE:JBTM) announced a quarterly dividend on Thursday, May 14th. Shareholders of record on Tuesday, May 26th will be given a dividend of 0.10 per share on Tuesday, June 9th. This represents a c) annualized dividend and a yield of 0.3%. The ex-dividend date is Tuesday, May 26th.

JBT Marel Price Performance

NYSE JBTM opened at $125.98 on Friday. The company has a market cap of $6.56 billion, a PE ratio of 39.37, a price-to-earnings-growth ratio of 1.32 and a beta of 0.92. JBT Marel has a 52 week low of $111.07 and a 52 week high of $170.19. The company has a quick ratio of 0.61, a current ratio of 1.01 and a debt-to-equity ratio of 0.32. The firm’s 50-day simple moving average is $131.66 and its two-hundred day simple moving average is $143.86.

JBT Marel (NYSE:JBTM) last released its quarterly earnings data on Monday, May 4th. The company reported $1.58 EPS for the quarter, beating the consensus estimate of $1.49 by $0.09. The business had revenue of $936.00 million for the quarter. JBT Marel had a net margin of 4.32% and a return on equity of 8.25%. JBT Marel’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same period last year, the company earned $0.97 earnings per share. JBT Marel has set its FY 2026 guidance at 8.000-8.500 EPS. Research analysts predict that JBT Marel will post 8.24 earnings per share for the current year.

Wall Street Analysts Forecast Growth

JBTM has been the topic of several recent research reports. Weiss Ratings raised shares of JBT Marel from a “hold (c-)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. Zacks Research downgraded shares of JBT Marel from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 28th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $174.50.

JBT Marel Company Profile

JBT Marel Corporation provides technology solutions to food and beverage industry in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It offers value-added processing that includes chilling, mixing/grinding, injecting, blending, marinating, tumbling, flattening, forming, portioning, coating, cooking, frying, freezing, extracting, pasteurizing, sterilizing, concentrating, high pressure processing, weighing, inspecting, filling, closing, sealing, end of line material handling, and packaging solutions to the food, beverage, and health market.