Equity One, Inc. Plans Quarterly Dividend of $0.22 (EQY)
Equity One (NYSE:EQY) announced a quarterly dividend on Tuesday, August 12th, Stock Ratings Network reports. Stockholders of record on Tuesday, September 16th will be paid a dividend of 0.22 per share on Tuesday, September 30th. This represents a $0.88 annualized dividend and a dividend yield of 3.79%.
A number of analysts have recently weighed in on EQY shares. Analysts at MLV & Co
downgraded shares of Equity One to a “hold” rating in a research note on Monday. They now have a $23.00 price target on the stock, down previously from $24.00. On a related note, analysts at Cowen and Company raised their price target on shares of Equity One from $23.50 to $24.00 in a research note on Tuesday, July 29th. Finally, analysts at Barclays raised their price target on shares of Equity One from $21.00 to $23.00 in a research note on Monday, July 21st. They now have an “underweight” rating on the stock. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $24.00.
Shares of Equity One (NYSE:EQY) traded down 0.09% on Tuesday, hitting $23.22. The stock had a trading volume of 399,157 shares. Equity One has a 52 week low of $20.71 and a 52 week high of $24.99. The stock’s 50-day moving average is $23.70 and its 200-day moving average is $22.93. The company has a market cap of $2.740 billion and a P/E ratio of 65.46.
Equity One (NYSE:EQY) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.32 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.30 by $0.02. The company had revenue of $87.40 million for the quarter, compared to the consensus estimate of $88.40 million. During the same quarter last year, the company posted $0.31 earnings per share. Equity One’s revenue was up 7.0% compared to the same quarter last year. Analysts expect that Equity One will post $1.28 EPS for the current fiscal year.
Equity One, Inc is a real estate investment trust (NYSE:EQY), which owns, manages, acquires, develops and redevelops shopping centers and retail properties located primarily in supply constrained suburban and urban communities.
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