Ensco Plc (ESV) Declares Quarterly Dividend of $0.75
Ensco Plc (NYSE:ESV) declared a quarterly dividend on Tuesday, August 19th, Analyst Ratings.Net reports. Shareholders of record on Monday, September 8th will be given a dividend of 0.75 per share on Friday, September 19th. This represents a $3.00 dividend on an annualized basis and a yield of 6.12%. The ex-dividend date of this dividend is Thursday, September 4th.
Several analysts have recently commented on the stock. Analysts at Global Hunter Securities raised their price target on shares of Ensco Plc from $4.00 to $49.00 in a research note on Tuesday, August 5th. On the ratings front, analysts at BMO Capital Markets downgraded shares of Ensco Plc from a “hold” rating to a “sell” rating in a research note on Monday, August 4th. They now have a $41.00 price target on the stock, down previously from $52.00. Finally, analysts at Deutsche Bank downgraded shares of Ensco Plc from a “hold” rating to a “sell” rating in a research note on Monday, August 4th. They now have a $41.00 price target on the stock, down previously from $52.00. Three analysts have rated the stock with a sell rating, fourteen have issued a hold rating and three have assigned a buy rating to the company. Ensco Plc has a consensus rating of “Hold” and an average price target of $53.79.
Ensco Plc (NYSE:ESV) traded up 0.55% during mid-day trading on Tuesday, hitting $49.27. The stock had a trading volume of 840,831 shares. Ensco Plc has a 52-week low of $47.85 and a 52-week high of $62.25. The stock’s 50-day moving average is $52.1 and its 200-day moving average is $51.63. The company’s market cap is $11.546 billion.
Ensco Plc (NYSE:ESV) last released its earnings data on Wednesday, July 30th. The company reported $1.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.26. Analysts expect that Ensco Plc will post $5.87 EPS for the current fiscal year.
Ensco plc (NYSE:ESV) is a provider of offshore contract drilling services to the international oil and gas industry.
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.