Booz Allen Hamilton Holding Corporation (BAH) to Distribute Quarterly Dividend of $0.59 on December 4th

Booz Allen Hamilton Holding Corporation (NYSE:BAH) announced a quarterly dividend on Wednesday, October 21st. Investors of record on Thursday, November 12th will be paid a dividend of $0.59 per share by the business services provider on Friday, December 4th. This represents a $2.36 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Thursday, November 12th.

Booz Allen Hamilton has increased its dividend payment by an average of 0.1% annually over the last three years and has increased its dividend every year for the last 14 years. Booz Allen Hamilton has a payout ratio of 31.7% indicating that its dividend is sufficiently covered by earnings. Analysts expect Booz Allen Hamilton to earn $6.81 per share next year, which means the company should continue to be able to cover its $2.36 annual dividend with an expected future payout ratio of 34.7%.

Booz Allen Hamilton Stock Performance

NYSE:BAH opened at $86.96 on Tuesday. The company has a debt-to-equity ratio of 3.53, a quick ratio of 1.43 and a current ratio of 1.43. Booz Allen Hamilton has a fifty-two week low of $59.50 and a fifty-two week high of $109.10. The company has a 50 day simple moving average of $76.60 and a two-hundred day simple moving average of $76.46. The company has a market capitalization of $10.31 billion, a PE ratio of 13.50, a P/E/G ratio of 2.01 and a beta of 0.28.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings results on Friday, October 23rd. The business services provider reported $1.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.48 by $0.28. Booz Allen Hamilton had a net margin of 7.14% and a return on equity of 75.00%. The firm had revenue of $2.78 billion for the quarter, compared to the consensus estimate of $2.81 billion. During the same quarter in the previous year, the company earned $1.49 EPS. The company’s revenue for the quarter was down 3.9% on a year-over-year basis. Booz Allen Hamilton has set its FY 2027 guidance at 6.500-6.700 EPS. Research analysts anticipate that Booz Allen Hamilton will post 6.61 earnings per share for the current year.

Wall Street Analyst Weigh In

BAH has been the topic of a number of research analyst reports. BNP Paribas Exane upped their price target on shares of Booz Allen Hamilton from $70.00 to $85.00 and gave the company a “neutral” rating in a research report on Monday, October 26th. UBS Group reiterated a “neutral” rating and set a $86.00 price target on shares of Booz Allen Hamilton in a report on Monday, October 26th. Bank of America reissued an “underperform” rating on shares of Booz Allen Hamilton in a research report on Monday, October 26th. TD Cowen raised Booz Allen Hamilton from a “hold” rating to a “buy” rating and boosted their price objective for the company from $77.00 to $95.00 in a research note on Monday, October 26th. Finally, Weiss Ratings raised Booz Allen Hamilton from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, October 21st. Five equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $89.29.

About Booz Allen Hamilton

Booz Allen Hamilton is a management and technology consulting firm that helps government and commercial clients address complex operational and technical challenges. Its services include strategy and organizational consulting, digital transformation, systems engineering, data analytics, artificial intelligence, and cybersecurity.

The company has a substantial focus on U.S. federal government work, supporting defense, intelligence, and civilian agencies on national security and public-sector missions.