C.R. Bard Inc. Announces Quarterly Dividend of $0.21 (BCR)
C.R. Bard (NYSE:BCR) announced a quarterly dividend on Wednesday, October 9th, StockRatingsNetwork.com reports. Investors of record on Monday, October 21st will be paid a dividend of $0.21 per share on Friday, November 1st. This represents a $0.84 annualized dividend and a dividend yield of 0.73%.
A number of analysts have recently weighed in on BCR shares. Analysts at Needham & Company initiated coverage on shares of C.R. Bard in a research note to investors on Wednesday, September 4th. They set a “hold” rating on the stock. On the ratings front, analysts at Zacks reiterated a “neutral” rating on shares of C.R. Bard in a research note to investors on Tuesday, September 3rd. They now have a $121.00 price target on the stock. Finally, analysts at Bank of America Corp. reiterated a “buy” rating on shares of C.R. Bard in a research note to investors on Thursday, August 29th. They now have a $140.00 price target on the stock, up previously from $125.00. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and five have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $115.08.
Shares of C.R. Bard (NYSE:BCR) traded up 0.47% on Wednesday, hitting $114.37. 686,030 shares of the company’s stock traded hands. C.R. Bard has a 52 week low of $93.79 and a 52 week high of $121.16. The stock has a 50-day moving average of $116.4 and a 200-day moving average of $109.3. The company has a market cap of $9.053 billion and a P/E ratio of 51.44.
C.R. Bard (NYSE:BCR) last released its earnings data on Tuesday, July 23rd. The company reported $1.42 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.38 by $0.04. The company had revenue of $759.90 million for the quarter, compared to the consensus estimate of $750.91 million. During the same quarter last year, the company posted $1.62 earnings per share. C.R. Bard’s revenue was up 2.3% compared to the same quarter last year. On average, analysts predict that C.R. Bard will post $5.96 earnings per share for the current fiscal year.
C. R. Bard, Inc (NYSE:BCR) is engaged in the design, manufacture, packaging, distribution and sale of medical, surgical, diagnostic and patient care devices.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.