Linn Energy, LLC (LINE) Announces Jan 14 Dividend of $0.24
Linn Energy, LLC (NASDAQ:LINE) declared a jan 14 dividend on Thursday, January 2nd, American Banking and Market News reports. Investors of record on Monday, January 13th will be given a dividend of 0.2416 per share on Thursday, January 16th.
A number of analysts have recently weighed in on LINE shares. Analysts at Zacks downgraded shares of Linn Energy, LLC from an “outperform” rating to a “neutral” rating in a research note to investors on Thursday, November 14th. They now have a $34.90 price target on the stock. On a related note, analysts at Raymond James cut their price target on shares of Linn Energy, LLC from $37.00 to $35.00 in a research note to investors on Wednesday, November 6th. They now have an “outperform” rating on the stock. Finally, analysts at UBS AG raised their price target on shares of Linn Energy, LLC from $31.00 to $34.00 in a research note to investors on Tuesday, November 5th. They now have a “buy” rating on the stock. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have assigned a buy rating to the stock. Linn Energy, LLC has an average rating of “Hold” and a consensus price target of $33.28.
Linn Energy, LLC (NASDAQ:LINE) traded up 0.06% on Thursday, hitting $30.81. 1,413,526 shares of the company’s stock traded hands. Linn Energy, LLC has a 52 week low of $20.35 and a 52 week high of $39.50. The stock’s 50-day moving average is $30.00 and its 200-day moving average is $27.85. The company’s market cap is $7.246 billion.
Linn Energy, LLC (NASDAQ:LINE) last issued its quarterly earnings data on Monday, October 28th. The company reported ($0.13) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.20 by $0.33. During the same quarter in the prior year, the company posted $0.45 earnings per share. On average, analysts predict that Linn Energy, LLC will post $0.91 earnings per share for the current fiscal year.
Linn Energy, LLC (NASDAQ:LINE) is an independent oil and natural gas company.
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