Shareholders of record on Thursday, November 30th will be issued a dividend of $0.38 per share. This represents a $1.36 dividend on an annualized basis and a yield of 1.74%.
Estee Lauder Companies, Inc. This is a boost from Estee Lauder Companies's previous quarterly dividend of $0.30. Estee Lauder Companies's payout ratio is presently 40.82%.
Several brokerages recently commented on EL. Oppenheimer Holdings, Inc. reaffirmed a buy rating and issued a $120.00 price target (up from $110.00) on shares of Estee Lauder Companies, Inc.
Estee Lauder Companies Inc also saw its operating income increase 36% during the quarter from $418 million to $568 million. (NYSE:EL). At the time of writing, the First Call consensus price target for the company is $117.27.
Additionally Estee Lauder Companies, Inc. (The) in a research note on Friday, September 15th. The firm earned "Buy" rating on Wednesday, October 18 by Piper Jaffray. (The) and gave the stock a "buy" rating in a report on Wednesday, August 9th. Analyst expectation from the stock's 20 analysts is one of positive sentiment, with earnings estimated to expand from current levels of $3.402 to $4.847 over the next couple of years. Morgan Stanley reported 3.05M shares. The 50 day moving average was up by +11.65% and the 200 day average went up by +22.33%.
On average, 21 analysts polled by Thomson Reuters expect earnings of $1.41 per share for the quarter. (The) had a return on equity of 32.38% and a net margin of 10.56%. The company also raised its quarterly dividend by 12% to 38c per share. During the same quarter past year, the firm posted $0.85 EPS.
Amid volatile financial markets and the presidential election, various investment brokerages have made amendments to their price targets and ratings on shares of Estee Lauder Companies, Inc. It also upped Adobe Systems Inc (Put) stake by 3,300 shares and now owns 15,700 shares. About 7.60M shares traded or 366.26% up from the average. EVP - Global Supply Chain Gregory Polcer disclosed the sale of 2,730 shares.
Estee shares rose almost 12% to a record $124.80 on Wednesday before easing back slightly.
A number of research analysts recently weighed in on the stock. The 1-year high was reported on Nov, 1 by Barchart.com.
09/14/2017 - Macquarie began new coverage on Estee Lauder Companies, Inc. (The) by 2.2% during the third quarter. Perigon Wealth Management LLC now owns 15,257 shares of the company's stock worth $1,389,000 after buying an additional 1,382 shares during the last quarter.
Vaughan Nelson Investment Management Lp increased Minerals Technologies Inc (MTX) stake by 26.47% reported in 2017Q2 SEC filing. (The) by 126.1% in the 3rd quarter. Royal Bank of Canada now owns 1,903,938 shares of the company's stock valued at $173,296,000 after buying an additional 531,853 shares during the period. Estee Lauder Companies now has $45.01B valuation. (The) in the 2nd quarter valued at $147,000. Wfg Advisors Lp has invested 0% in Estee Lauder Companies Inc (NYSE:EL). (The) by 16.0% during the third quarter. The company issued revenue guidance of $3.7-3.77 billion, compared to the consensus revenue estimate of $3.54 billion.Estee Lauder Companies, Inc.
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What Historical Figures Say About The Estee Lauder Companies Inc. The Firm offers products, including skin care, makeup, fragrance, hair care and other. The Firm operates through three divisions: Turner, which consists of cable networks and digital media properties; Home Box Office, which consists of premium pay television and over the top services and premium pay, basic tier television and OTT services internationally, and Warner Bros., which consists of television, feature film, home video, and videogame production and distribution.