Talisman Energy Inc. Declares Quarterly Dividend of $0.07 (TLM)
Talisman Energy (NYSE:TLM) announced a quarterly dividend on Thursday, May 8th, StockRatingsNetwork reports. Shareholders of record on Friday, June 13th will be paid a dividend of 0.0675 per share on Monday, June 30th. This represents a $0.27 annualized dividend and a dividend yield of 2.53%. The ex-dividend date is Wednesday, June 11th.
A number of analysts have recently weighed in on TLM shares. Analysts at CIBC set a $11.75 price target on shares of Talisman Energy in a research note on Thursday. On a related note, analysts at Barclays reiterated an “equal weight” rating on shares of Talisman Energy in a research note on Thursday. They now have a $12.00 price target on the stock, down previously from $13.00. Finally, analysts at Barclays raised their price target on shares of Talisman Energy from $12.00 to $13.00 in a research note on Tuesday, April 22nd. They now have an “equal weight” rating on the stock. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $12.20.
Talisman Energy (NYSE:TLM) traded down 3.09% on Thursday, hitting $10.68. The stock had a trading volume of 6,154,057 shares. Talisman Energy has a one year low of $9.63 and a one year high of $13.38. The stock has a 50-day moving average of $10.30 and a 200-day moving average of $11.07. The company’s market cap is $11.016 billion.
Talisman Energy (NYSE:TLM) last announced its earnings results on Wednesday, May 7th. The company reported $0.47 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.06 by $0.41. During the same quarter in the prior year, the company posted ($0.06) earnings per share. On average, analysts predict that Talisman Energy will post $0.22 earnings per share for the current fiscal year.
Talisman Energy Inc (NYSE:TLM), is an oil and gas producers, through a combination of exploration, development and acquisitions.
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