Acco Brands Corporation (NYSE:ACCO – Get Free Report) declared a quarterly dividend on Friday, October 23rd. Stockholders of record on Friday, November 20th will be given a dividend of $0.0750 per share by the industrial products company on Wednesday, December 9th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date of this dividend is Friday, November 20th.
Acco Brands has a payout ratio of 27.8% meaning its dividend is sufficiently covered by earnings. Analysts expect Acco Brands to earn $0.98 per share next year, which means the company should continue to be able to cover its $0.30 annual dividend with an expected future payout ratio of 30.6%.
Acco Brands Price Performance
Shares of NYSE ACCO traded down $0.10 during trading on Friday, reaching $4.58. The company had a trading volume of 610,200 shares, compared to its average volume of 611,219. The company has a current ratio of 1.97, a quick ratio of 1.22 and a debt-to-equity ratio of 1.30. Acco Brands has a twelve month low of $2.81 and a twelve month high of $4.74. The stock has a 50-day moving average price of $4.35 and a two-hundred day moving average price of $4.03. The stock has a market capitalization of $423.23 million, a PE ratio of 7.40, a price-to-earnings-growth ratio of 0.88 and a beta of 1.20.
Acco Brands (NYSE:ACCO – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The industrial products company reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.02. Acco Brands had a return on equity of 12.57% and a net margin of 3.74%. The business had revenue of $415.10 million for the quarter, compared to analyst estimates of $402.53 million. Acco Brands has set its Q3 2026 guidance at 0.170-0.210 EPS and its FY 2026 guidance at 0.870-0.910 EPS. As a group, sell-side analysts predict that Acco Brands will post 0.88 earnings per share for the current year.
Analyst Upgrades and Downgrades
A number of equities analysts have recently weighed in on the stock. Wall Street Zen lowered shares of Acco Brands from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 1st. Barrington Research set a $6.00 target price on shares of Acco Brands in a research report on Wednesday, August 5th. Finally, Weiss Ratings raised shares of Acco Brands from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, September 24th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $6.00.
Get Our Latest Analysis on ACCO
Acco Brands Company Profile
ACCO Brands Corporation is a global manufacturer and marketer of consumer and office products. Its portfolio includes supplies and equipment used in workplaces, schools and homes, as well as products designed to support organization, productivity and personal technology.
The company’s brands include Swingline, Kensington, Mead, Five Star, GBC, Quartet and Esselte. Its products include staplers, punches, shredders, laminators, binding systems, presentation supplies, notebooks, planners, backpacks, computer accessories and other workspace and school supplies.
ACCO Brands traces its history to the American Clip Company, founded in 1903.
Recommended Stories
- Five stocks we like better than Acco Brands
- Bloom Energy Just Reported—Its Biggest Order Is Still Waiting on a Pipeline
- Why Western Digital’s AI Storage Boom Defies the Chip Sell-Off
- Grand Canyon Education Strengthens Its Outlook, But Wall Street Remains Divided
- Amex Stock Slides on Job Cuts, But the Real Story Is Macro
Receive News & Ratings for Acco Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Acco Brands and related companies with MarketBeat.com's FREE daily email newsletter.
