World Fuel Services Corp (INT) Plans Quarterly Dividend of $0.04
World Fuel Services Corp (NYSE:INT) declared a quarterly dividend on Wednesday, September 3rd, AR Network reports. Stockholders of record on Friday, September 19th will be given a dividend of 0.0375 per share on Friday, October 10th. This represents a $0.15 dividend on an annualized basis and a yield of 0.34%.
A number of research firms have recently commented on INT. Analysts at Zacks downgraded shares of World Fuel Services Corp from a “neutral” rating to an “underperform” rating in a research note on Monday, August 4th. They now have a $41.00 price target on the stock. On the ratings front, analysts at Bank of America reiterated a “buy” rating on shares of World Fuel Services Corp in a research note on Thursday, July 31st. Finally, analysts at Evercore Partners raised their price target on shares of World Fuel Services Corp from $46.00 to $49.00 in a research note on Thursday, July 31st.
World Fuel Services Corp (NYSE:INT) traded down 0.88% during mid-day trading on Wednesday, hitting $43.85. The stock had a trading volume of 220,039 shares. World Fuel Services Corp has a one year low of $36.37 and a one year high of $49.80. The stock’s 50-day moving average is $45.39 and its 200-day moving average is $45.5. The company has a market cap of $3.170 billion and a price-to-earnings ratio of 15.58.
World Fuel Services Corp (NYSE:INT) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.72 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.71 by $0.01. The company had revenue of $11.34 billion for the quarter, compared to the consensus estimate of $11.55 billion. During the same quarter last year, the company posted $0.80 earnings per share. World Fuel Services Corp’s revenue was up 8.2% compared to the same quarter last year. Analysts expect that World Fuel Services Corp will post $2.96 EPS for the current fiscal year.
World Fuel Services Corporation (NYSE:INT), is a global fuel logistics company.
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