Leonardo DRS, Inc. (DRS) to Issue Quarterly Dividend of $0.09 on August 27th

Leonardo DRS, Inc. (NASDAQ:DRS) announced a quarterly dividend on Thursday, July 30th. Investors of record on Thursday, August 13th will be paid a dividend of 0.09 per share on Thursday, August 27th. This represents a c) annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, August 13th.

Leonardo DRS has a payout ratio of 28.8% meaning its dividend is sufficiently covered by earnings. Research analysts expect Leonardo DRS to earn $1.42 per share next year, which means the company should continue to be able to cover its $0.36 annual dividend with an expected future payout ratio of 25.4%.

Leonardo DRS Price Performance

DRS stock opened at $46.05 on Friday. Leonardo DRS has a 1 year low of $32.43 and a 1 year high of $50.59. The firm has a market capitalization of $12.28 billion, a PE ratio of 38.70, a price-to-earnings-growth ratio of 3.29 and a beta of 0.36. The business has a 50 day simple moving average of $45.67 and a 200-day simple moving average of $43.91. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.86 and a quick ratio of 1.52.

Leonardo DRS (NASDAQ:DRS) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.27 by $0.08. Leonardo DRS had a return on equity of 13.07% and a net margin of 8.52%.The business had revenue of $913.00 million for the quarter, compared to analyst estimates of $903.27 million. During the same quarter in the previous year, the firm earned $0.23 EPS. The company’s quarterly revenue was up 10.1% compared to the same quarter last year. Leonardo DRS has set its FY 2026 guidance at 1.340-1.390 EPS. Equities research analysts anticipate that Leonardo DRS will post 1.3 earnings per share for the current fiscal year.

More Leonardo DRS News

Here are the key news stories impacting Leonardo DRS this week:

• Positive Sentiment: Q2 earnings beat expectations: Adjusted EPS was $0.35 versus the $0.27 analyst consensus, while revenue rose 10% year over year to $913 million, exceeding estimates of $903.3 million. Net earnings increased 59% to $86 million, and adjusted EBITDA climbed 33% to $128 million. Leonardo DRS Announces Financial Results for Second Quarter 2026
• Positive Sentiment: Guidance was raised: Leonardo DRS increased its 2026 adjusted EPS outlook to $1.34-$1.39 from $1.26-$1.30, above the $1.30 consensus estimate. Adjusted EBITDA guidance was also raised to $525 million-$540 million, although revenue guidance was unchanged at $3.9 billion-$4.0 billion. Leonardo DRS 2026 Guidance and Raft Acquisition
• Positive Sentiment: Backlog and bookings support future growth: Quarterly bookings reached $1.1 billion, producing a 1.2x book-to-bill ratio, while funded backlog rose 17% year over year to a record $5.1 billion. Growth was led by tactical radar, infrared sensing, electric power and propulsion, and naval computing programs.
• Positive Sentiment: Raft acquisition expands software capabilities: DRS agreed to acquire Raft for $450 million, adding expertise in artificial intelligence, data fusion, and mission software. The deal could strengthen DRS’s position in multi-domain defense technology. Leonardo DRS Signs Agreement to Acquire Raft
• Neutral Sentiment: JPMorgan raised its price target to $53 from $48 but retained a Neutral rating. The higher target signals improved valuation potential, but the unchanged rating suggests limited conviction at the current valuation. Benzinga Price Target Update
• Negative Sentiment: Acquisition execution and funding remain risks: Raft is expected to require substantial capital, and the transaction faces closing, integration, regulatory, and potential debt-related risks. Management’s 2026 guidance excludes Raft’s contribution.

Leonardo DRS Company Profile

Leonardo DRS is a U.S.-based defense technology company and wholly owned subsidiary of Italy’s Leonardo S.p.A. The firm specializes in developing and integrating mission-critical systems for military and government customers, with a primary focus on command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR). Its core offerings encompass advanced sensors, targeting systems, radars and electronic warfare solutions designed to enhance situational awareness and operational effectiveness across land, sea and air domains.

The company’s portfolio includes naval combat management systems, unmanned vehicle sensors, power generation and distribution equipment, and training and simulation solutions.