Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Get Free Report) declared a quarterly dividend on Wednesday, July 24th, RTT News reports. Shareholders of record on Thursday, September 5th will be paid a dividend of 0.05 per share by the business services provider on Thursday, September 19th. This represents a $0.20 annualized dividend and a yield of 1.95%.
Dun & Bradstreet has a payout ratio of 17.7% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Dun & Bradstreet to earn $1.00 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 20.0%.
Dun & Bradstreet Trading Down 2.8 %
Shares of traded down $0.30 on Wednesday, reaching $10.28. The company had a trading volume of 3,287,490 shares, compared to its average volume of 3,578,136. The firm's 50 day moving average price is $9.61 and its two-hundred day moving average price is $10.15. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.62 and a current ratio of 0.62. Dun & Bradstreet has a 52-week low of $8.68 and a 52-week high of $12.62. The firm has a market cap of $4.55 billion, a PE ratio of -128.50, a PEG ratio of 1.92 and a beta of 1.16.
Dun & Bradstreet (NYSE:DNB - Get Free Report) last announced its earnings results on Thursday, May 2nd. The business services provider reported $0.17 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.16 by $0.01. Dun & Bradstreet had a positive return on equity of 10.99% and a negative net margin of 1.56%. The company had revenue of $564.50 million for the quarter, compared to analyst estimates of $567.77 million. Sell-side analysts predict that Dun & Bradstreet will post 0.89 earnings per share for the current fiscal year.
Analyst Ratings Changes
A number of brokerages recently commented on DNB. Jefferies Financial Group lowered their target price on Dun & Bradstreet from $14.00 to $13.00 and set a "buy" rating for the company in a report on Friday, April 12th. Needham & Company LLC reissued a "buy" rating and set a $17.00 price target on shares of Dun & Bradstreet in a research report on Tuesday, May 14th. Four research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $13.64.
Read Our Latest Analysis on DNB
About Dun & Bradstreet
(Get Free Report)
Dun & Bradstreet Holdings, Inc, together with its subsidiaries, provides business-to-business data and analytics in North America and internationally. It offers finance and risk solutions, including D&B Finance Analytics, an online application that offers clients real time access to its information, comprehensive monitoring, and portfolio analysis; D&B Direct, an application programming interface (API) that delivers risk and financial data directly into enterprise applications for real-time credit decision-making; D&B Small Business, a suite of tools that allows SMBs to monitor and build their business credit file; D&B Enterprise Risk Assessment Manager, a solution for managing and automating credit decisioning and reporting; and D&B Risk Analytics, a subscription-based online application that offers clients real-time access to complete and up-to-date global information to mitigate supply chain risk, regulatory risk, and ESG assessment, as well as other related risks; Risk Guardian, a subscription-based online application that offers real-time access to Northern Europe information, monitoring, and portfolio analysis; and D&B Beneficial Ownership that offers risk intelligence on ultimate beneficial ownership.
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