Roper Industries Inc. Declares Quarterly Dividend of $0.20 (ROP)
Roper Industries (NYSE:ROP) announced a quarterly dividend on Wednesday, June 18th, Analyst RN reports. Shareholders of record on Friday, July 11th will be paid a dividend of 0.20 per share on Friday, July 25th. This represents a $0.80 annualized dividend and a dividend yield of 0.55%.
ROP has been the subject of a number of recent research reports. Analysts at Barclays raised their price target on shares of Roper Industries from $150.00 to $163.00 in a research note on Thursday, May 8th. They now have an “overweight” rating on the stock. Analysts at Canaccord Genuity raised their price target on shares of Roper Industries from $135.00 to $140.00 in a research note on Tuesday, April 29th. They now have a “hold” rating on the stock.
Shares of Roper Industries (NYSE:ROP) traded up 0.31% during mid-day trading on Wednesday, hitting $147.04. The stock had a trading volume of 355,861 shares. Roper Industries has a 52-week low of $119.86 and a 52-week high of $147.07. The stock’s 50-day moving average is $141.4 and its 200-day moving average is $136.4. The company has a market cap of $14.673 billion and a price-to-earnings ratio of 26.27.
Roper Industries (NYSE:ROP) last released its earnings data on Monday, April 28th. The company reported $1.46 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.35 by $0.11. The company had revenue of $834.00 million for the quarter, compared to the consensus estimate of $829.22 million. During the same quarter in the prior year, the company posted $1.27 earnings per share. The company’s quarterly revenue was up 13.1% on a year-over-year basis. On average, analysts predict that Roper Industries will post $6.30 earnings per share 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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