Nu Skin Enterprises, Inc. Plans Quarterly Dividend of $0.35 (NUS)
Nu Skin Enterprises (NYSE:NUS) announced a quarterly dividend on Tuesday, August 19th, Analyst RN reports. Stockholders of record on Friday, September 12th will be paid a dividend of 0.345 per share on Friday, September 26th. This represents a $1.38 annualized dividend and a dividend yield of 2.78%.
A number of research firms have recently commented on NUS. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Nu Skin Enterprises in a research note on Thursday, August 7th. They now have a $70.00 price target on the stock, down previously from $110.00. On the ratings front, analysts at Canaccord Genuity reiterated a “hold” rating on shares of Nu Skin Enterprises in a research note on Thursday, August 7th. They now have a $53.00 price target on the stock, down previously from $92.00. Finally, analysts at JPMorgan Chase & Co. downgraded shares of Nu Skin Enterprises from an “overweight” rating to a “neutral” rating in a research note on Thursday, August 7th. They now have a $50.00 price target on the stock, down previously from $100.00. Three investment analysts have rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $76.78.
Shares of Nu Skin Enterprises (NYSE:NUS) opened at 49.59 on Tuesday. Nu Skin Enterprises has a 52-week low of $43.50 and a 52-week high of $140.50. The stock has a 50-day moving average of $61.54 and a 200-day moving average of $74.46. The company has a market cap of $2.937 billion and a P/E ratio of 9.94.
Nu Skin Enterprises (NYSE:NUS) last issued its earnings data on Wednesday, August 6th. The company reported $1.13 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.27 by $0.14. The company had revenue of $650.00 million for the quarter, compared to the consensus estimate of $709.03 million. During the same quarter in the prior year, the company posted $1.22 earnings per share. The company’s quarterly revenue was down 3.1% on a year-over-year basis. On average, analysts predict that Nu Skin Enterprises will post $4.13 earnings per share for the current fiscal year.
Nu Skin Enterprises, Inc is a global direct selling company with operations in 53 markets worldwide. The Company develops and distributes anti-aging personal care products and nutritional supplements under its Nu Skin and Pharmanex brands, respectively.
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