Solera Holdings Inc. (SLH) Declares Quarterly Dividend of $0.20
Solera Holdings (NYSE:SLH) declared a quarterly dividend on Tuesday, August 26th, Stock Ratings News reports. Shareholders of record on Tuesday, September 9th will be given a dividend of 0.195 per share on Tuesday, September 23rd. This represents a $0.78 dividend on an annualized basis and a yield of 1.18%.
A number of analysts have recently weighed in on SLH shares. Analysts at Zacks upgraded shares of Solera Holdings from an “underperform” rating to a “neutral” rating in a research note on Tuesday. They now have a $67.30 price target on the stock. Six investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $69.61.
Shares of Solera Holdings (NYSE:SLH) traded up 1.49% on Tuesday, hitting $67.29. The stock had a trading volume of 291,701 shares. Solera Holdings has a 52-week low of $50.39 and a 52-week high of $71.15. The stock has a 50-day moving average of $65.38 and a 200-day moving average of $65.66. The company has a market cap of $4.630 billion and a price-to-earnings ratio of 5100.00.
Solera Holdings (NYSE:SLH) last posted its quarterly earnings results on Thursday, August 21st. The company reported $0.70 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.80 by $0.10. The company had revenue of $267.90 million for the quarter, compared to the consensus estimate of $265.78 million. During the same quarter in the prior year, the company posted $0.68 earnings per share. The company’s quarterly revenue was up 22.6% on a year-over-year basis. On average, analysts predict that Solera Holdings will post $2.86 earnings per share for the current fiscal year.
Solera Holdings, Inc is a provider of software and services to the automobile insurance claims processing 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.