American Eagle (NYSE:AEO) announced a quarterly dividend on Thursday, May 30th, AnalystRatings.Net reports. Stockholders of record on Monday, July 1st will be paid a dividend of $0.125 per share on Friday, July 12th. This represents a $0.50 annualized dividend and a dividend yield of 2.53%.
A number of analysts have recently weighed in on AEO shares. Analysts at UBS AG cut their EPS estimates on shares of American Eagle in a research note on Thursday. They now have a “neutral” rating and a $22.00 price target on the stock. They previously had a $23.00 price target on the stock. On the ratings front, analysts at Janney Montgomery Scott raised their price target on shares of American Eagle from $21.00 to $23.00 in a research note to investors on Thursday, May 23rd. They now have a “buy” rating on the stock. Finally, analysts at Wedbush reiterated an “outperform” rating on shares of American Eagle in a research note to investors on Wednesday, May 22nd.
Ten investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. American Eagle currently has a consensus rating of “Buy” and a consensus target price of $22.14.
American Eagle (NYSE: AEO) traded up 2.12% on Thursday, hitting $19.76. American Eagle has a 52-week low of $18.02 and a 52-week high of $23.94. The stock’s 50-day moving average is currently $19.40. The company has a market cap of $3.808 billion and a price-to-earnings ratio of 17.53.
American Eagle (NYSE: AEO) last released its earnings data on Wednesday, May 22nd. The company reported $0.18 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.17 by $0.01. The company had revenue of $679.00 million for the quarter, compared to the consensus estimate of $678.41 million. During the same quarter last year, the company posted $0.20 earnings per share. American Eagle’s revenue was down 4.1% compared to the same quarter last year. American Eagle has set its Q2 guidance at $0.19-0.21 EPS and its FY14 guidance at $1.42-1.45 EPS. Analysts expect that American Eagle will post $1.45 EPS for the current fiscal year.
American Eagle Outfitters, Inc. (NYSE: AEO) is a specialty retailer that operates in the United Sates and Canada, and online at ae.
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