McCarthy & Stone PLC (LON:MCS) declared a dividend on Tuesday, November 14th, Upcoming.Co.Uk reports. Investors of record on Thursday, January 4th will be paid a dividend of GBX 3.60 ($0.05) per share on Thursday, February 1st. This represents a yield of 2.26%. The ex-dividend date is Thursday, January 4th. This is an increase from McCarthy & Stone’s previous dividend of $1.80. The official announcement can be viewed at this link.

McCarthy & Stone (LON MCS) opened at GBX 157.80 ($2.11) on Friday. McCarthy & Stone has a 1-year low of GBX 143.78 ($1.92) and a 1-year high of GBX 199.60 ($2.67). The stock has a market capitalization of $857.04 and a price-to-earnings ratio of 1,127.14.

McCarthy & Stone (LON:MCS) last released its quarterly earnings results on Tuesday, November 14th. The company reported GBX 13.80 ($0.18) earnings per share for the quarter, missing the Zacks’ consensus estimate of GBX 14 ($0.19) by GBX (0.20) ($0.00). McCarthy & Stone had a return on equity of 15.67% and a net margin of 13.44%. The company had revenue of £660.90 million during the quarter.

A number of equities analysts have recently weighed in on MCS shares. Canaccord Genuity cut their price target on McCarthy & Stone from GBX 187 ($2.50) to GBX 185 ($2.47) and set a “buy” rating for the company in a report on Wednesday, November 15th. Peel Hunt reissued a “buy” rating and issued a GBX 220 ($2.94) price target on shares of McCarthy & Stone in a report on Wednesday, September 6th. Deutsche Bank reissued a “buy” rating and issued a GBX 215 ($2.87) price target on shares of McCarthy & Stone in a report on Friday, September 1st. Barclays reissued an “underweight” rating and issued a GBX 152 ($2.03) price target on shares of McCarthy & Stone in a report on Friday, September 22nd. Finally, cut their price target on McCarthy & Stone from GBX 179 ($2.39) to GBX 164 ($2.19) and set a “hold” rating for the company in a report on Tuesday, November 14th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of GBX 197.75 ($2.64).

In other McCarthy & Stone news, insider John White acquired 100,000 shares of the stock in a transaction dated Tuesday, November 14th. The stock was acquired at an average price of GBX 158 ($2.11) per share, with a total value of £158,000 ($211,258.19).

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