Equities research analysts expect Motorola Solutions, Inc. (NYSE:MSI) to report $0.99 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Seven analysts have made estimates for Motorola Solutions’ earnings, with estimates ranging from $0.94 to $1.04. Motorola Solutions posted earnings of $1.03 per share in the same quarter last year, which would suggest a negative year over year growth rate of 3.9%. The firm is expected to announce its next earnings report on Thursday, August 3rd.

According to Zacks, analysts expect that Motorola Solutions will report full year earnings of $4.92 per share for the current fiscal year, with EPS estimates ranging from $4.82 to $5.06. For the next financial year, analysts anticipate that the firm will report earnings of $5.17 per share, with EPS estimates ranging from $4.78 to $5.52. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that cover Motorola Solutions.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Thursday, May 4th. The communications equipment provider reported $0.64 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.50 by $0.14. The business had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.25 billion. Motorola Solutions had a net margin of 10.10% and a negative return on equity of 102.32%. Motorola Solutions’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.52 EPS.

MSI has been the subject of a number of research analyst reports. Northcoast Research raised shares of Motorola Solutions from a “neutral” rating to a “buy” rating and set a $100.00 price objective for the company in a research report on Tuesday, May 30th. Gabelli raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Monday, May 8th. Citigroup Inc. reaffirmed a “buy” rating and set a $102.00 price objective (up from $93.00) on shares of Motorola Solutions in a research report on Friday, May 5th. Jefferies Group LLC raised shares of Motorola Solutions from a “hold” rating to a “buy” rating and boosted their target price for the company from $75.00 to $100.00 in a research report on Tuesday, March 21st. Finally, BMO Capital Markets reissued a “buy” rating and issued a $95.00 target price on shares of Motorola Solutions in a research report on Tuesday, March 21st. Five equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Motorola Solutions presently has a consensus rating of “Buy” and a consensus price target of $90.15.

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Motorola Solutions (NYSE:MSI) traded up 1.50% during mid-day trading on Wednesday, hitting $89.78. 726,430 shares of the company traded hands. The company’s 50-day moving average is $86.70 and its 200-day moving average is $83.65. Motorola Solutions has a one year low of $67.31 and a one year high of $90.00. The stock has a market capitalization of $14.68 billion, a price-to-earnings ratio of 24.82 and a beta of 0.31.

The business also recently announced a quarterly dividend, which was paid on Friday, July 14th. Investors of record on Thursday, June 15th were issued a $0.47 dividend. This represents a $1.88 annualized dividend and a yield of 2.09%. The ex-dividend date of this dividend was Tuesday, June 13th. Motorola Solutions’s payout ratio is presently 51.93%.

A number of hedge funds have recently made changes to their positions in the stock. Round Table Services LLC boosted its stake in shares of Motorola Solutions by 4.0% in the second quarter. Round Table Services LLC now owns 4,436 shares of the communications equipment provider’s stock valued at $385,000 after buying an additional 169 shares during the last quarter. Assenagon Asset Management S.A. boosted its position in Motorola Solutions by 19.7% in the second quarter. Assenagon Asset Management S.A. now owns 22,405 shares of the communications equipment provider’s stock worth $1,943,000 after buying an additional 3,684 shares during the last quarter. Aperio Group LLC boosted its position in Motorola Solutions by 8.0% in the second quarter. Aperio Group LLC now owns 120,006 shares of the communications equipment provider’s stock worth $10,409,000 after buying an additional 8,887 shares during the last quarter. Nisa Investment Advisors LLC boosted its position in Motorola Solutions by 19.8% in the second quarter. Nisa Investment Advisors LLC now owns 109,568 shares of the communications equipment provider’s stock worth $9,478,000 after buying an additional 18,071 shares during the last quarter. Finally, LS Investment Advisors LLC boosted its position in Motorola Solutions by 3.4% in the second quarter. LS Investment Advisors LLC now owns 7,732 shares of the communications equipment provider’s stock worth $671,000 after buying an additional 256 shares during the last quarter. Institutional investors and hedge funds own 87.11% of the company’s stock.

Motorola Solutions Company Profile

Motorola Solutions, Inc is a provider of communication infrastructure, devices, accessories, software and services. The Company operates through two segments: Products and Services. The Company’s Products segment offers a portfolio of infrastructure, devices, accessories and software. The Products segment has two product lines: Devices and Systems.

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Earnings History and Estimates for Motorola Solutions (NYSE:MSI)

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