AECOM (NYSE:ACM) Declares $0.22 Quarterly Dividend

AECOM (NYSE:ACM) announced a quarterly dividend on Thursday, September 12th, RTT News reports. Investors of record on Wednesday, October 2nd will be paid a dividend of 0.22 per share by the construction company on Friday, October 18th. This represents a $0.88 annualized dividend and a yield of 0.85%. The ex-dividend date of this dividend is Wednesday, October 2nd.

AECOM has a payout ratio of 17.7% meaning its dividend is sufficiently covered by earnings. Analysts expect AECOM to earn $4.94 per share next year, which means the company should continue to be able to cover its $0.88 annual dividend with an expected future payout ratio of 17.8%.

AECOM Trading Up 0.0 %

Shares of ACM stock opened at $103.27 on Tuesday. AECOM has a 12-month low of $74.40 and a 12-month high of $104.63. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.98. The firm’s 50 day moving average is $95.91 and its 200 day moving average is $92.70. The stock has a market capitalization of $14.06 billion, a P/E ratio of -1,147.39, a P/E/G ratio of 1.70 and a beta of 1.17.

AECOM (NYSE:ACM) last issued its earnings results on Monday, August 5th. The construction company reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.12 by $0.04. AECOM had a net margin of 1.61% and a return on equity of 24.14%. The company had revenue of $4.15 billion for the quarter, compared to analysts’ expectations of $1.85 billion. During the same quarter last year, the company posted $0.94 earnings per share. The firm’s quarterly revenue was up 13.3% on a year-over-year basis. Research analysts expect that AECOM will post 4.46 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Royal Bank of Canada lifted their price target on shares of AECOM from $112.00 to $113.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 7th. KeyCorp lifted their price target on shares of AECOM from $94.00 to $99.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 7th. Barclays lifted their price target on shares of AECOM from $100.00 to $105.00 and gave the stock an “overweight” rating in a research note on Thursday, August 8th. Robert W. Baird lifted their price target on shares of AECOM from $96.00 to $100.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 7th. Finally, Citigroup dropped their price target on shares of AECOM from $116.00 to $104.00 and set a “buy” rating on the stock in a research note on Monday, July 22nd. Eight research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $105.00.

AECOM Company Profile

AECOM, together with its subsidiaries, provides professional infrastructure consulting services worldwide. It operates in three segments: Americas, International, and AECOM Capital. The company offers planning, consulting, architectural and engineering design, construction and program management, and investment and development services to public and private clients.