Roper Industries Inc. Plans Quarterly Dividend of $0.17 (ROP)
Roper Industries (NYSE:ROP) announced a quarterly dividend on Tuesday, September 17th, Analyst Ratings Network.com reports. Stockholders of record on Friday, October 11th will be paid a dividend of $0.165 per share on Friday, October 25th. This represents a $0.66 annualized dividend and a dividend yield of 0.50%.
On a related note, analysts at Oppenheimer raised their price target on shares of Roper Industries (NYSE:ROP) from $130.00 to $135.00 in a research note to investors on Tuesday, July 30th.
Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $126.67.
Roper Industries (NYSE:ROP) traded up 0.13% during mid-day trading on Tuesday, hitting $131.98. The stock had a trading volume of 56,040 shares. Roper Industries has a 1-year low of $102.85 and a 1-year high of $132.72. The stock has a 50-day moving average of $126.4 and a 200-day moving average of $124.8. The company has a market cap of $13.090 billion and a price-to-earnings ratio of 26.47.
Roper Industries (NYSE:ROP) last issued its quarterly earnings data on Monday, July 29th. The company reported $1.31 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.30 by $0.01. The company had revenue of $784.00 million for the quarter, compared to the consensus estimate of $806.67 million. During the same quarter last year, the company posted $1.15 earnings per share. Roper Industries’s revenue was up 11.0% compared to the same quarter last year. Analysts expect that Roper Industries will post $5.77 EPS for the current fiscal year.
Roper Industries, Inc (NYSE:ROP) designs, manufactures and distributes radio frequency (RF) products, services and application software, industrial technology products, energy systems and controls and medical and scientific imaging products and software.
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