American Eagle Outfitters (AEO) to Issue Quarterly Dividend of $0.14 on April 27th

American Eagle Outfitters (NYSE:AEO) declared a quarterly dividend on Thursday, March 8th, RTT News reports. Investors of record on Friday, April 13th will be given a dividend of 0.1375 per share by the apparel retailer on Friday, April 27th. This represents a $0.55 dividend on an annualized basis and a dividend yield of 2.61%. The ex-dividend date is Thursday, April 12th. This is a boost from American Eagle Outfitters’s previous quarterly dividend of $0.13.

American Eagle Outfitters has a payout ratio of 43.1% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect American Eagle Outfitters to earn $1.53 per share next year, which means the company should continue to be able to cover its $0.50 annual dividend with an expected future payout ratio of 32.7%.

How to Become a New Pot Stock Millionaire

AEO opened at $21.04 on Friday. American Eagle Outfitters has a fifty-two week low of $10.23 and a fifty-two week high of $21.35. The stock has a market cap of $3,767.79, a P/E ratio of 18.32, a PEG ratio of 2.05 and a beta of 1.03.

American Eagle Outfitters (NYSE:AEO) last released its quarterly earnings results on Thursday, March 8th. The apparel retailer reported $0.44 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.44. American Eagle Outfitters had a net margin of 5.38% and a return on equity of 17.91%. The company had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.21 billion. During the same period last year, the firm earned $0.39 earnings per share. The firm’s revenue was up 12.0% on a year-over-year basis. research analysts predict that American Eagle Outfitters will post 1.46 EPS for the current fiscal year.

Several analysts have commented on the stock. BMO Capital Markets set a $21.00 price objective on shares of American Eagle Outfitters and gave the stock a “buy” rating in a research report on Tuesday, December 19th. ValuEngine raised shares of American Eagle Outfitters from a “hold” rating to a “buy” rating in a research report on Saturday, December 9th. Jefferies Group reaffirmed a “buy” rating and issued a $24.00 price objective on shares of American Eagle Outfitters in a research report on Friday, February 23rd. SunTrust Banks reaffirmed a “buy” rating on shares of American Eagle Outfitters in a research report on Friday, February 2nd. Finally, Cowen set a $20.00 price objective on shares of American Eagle Outfitters and gave the stock a “buy” rating in a research report on Thursday, January 18th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. American Eagle Outfitters presently has a consensus rating of “Buy” and a consensus target price of $18.37.

In other news, insider Jennifer M. Foyle sold 22,000 shares of the business’s stock in a transaction that occurred on Thursday, March 22nd. The shares were sold at an average price of $19.69, for a total value of $433,180.00. Following the sale, the insider now owns 49,791 shares of the company’s stock, valued at $980,384.79. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, COO Michael R. Rempell sold 9,467 shares of the business’s stock in a transaction that occurred on Friday, March 23rd. The shares were sold at an average price of $20.10, for a total transaction of $190,286.70. The disclosure for this sale can be found here. In the last three months, insiders sold 61,467 shares of company stock worth $1,225,867. Insiders own 5.80% of the company’s stock.

ILLEGAL ACTIVITY WARNING: This article was originally reported by Ticker Report and is the sole property of of Ticker Report. If you are reading this article on another publication, it was illegally stolen and republished in violation of US & international copyright & trademark legislation. The original version of this article can be viewed at https://www.tickerreport.com/banking-finance/3337713/american-eagle-outfitters-aeo-to-issue-quarterly-dividend-of-0-14-on-april-27th.html.

American Eagle Outfitters Company Profile

American Eagle Outfitters, Inc operates as a specialty retailer that provides clothing, accessories, and personal care products under the American Eagle Outfitters and Aerie brands. The company also provides jeans, and other apparel and accessories for men and women; and intimates, activewear, and swim collections, as well as personal care products for women.

Dividend History for American Eagle Outfitters (NYSE:AEO)

Receive News & Ratings for American Eagle Outfitters Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Eagle Outfitters and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Etherparty  Trading Up 15.4% Over Last Week
Etherparty Trading Up 15.4% Over Last Week
BoostCoin Price Reaches $0.0131
BoostCoin Price Reaches $0.0131
SongCoin Reaches One Day Trading Volume of $283.00
SongCoin Reaches One Day Trading Volume of $283.00
Adobe Systems  Expected to Announce Quarterly Sales of $2.15 Billion
Adobe Systems Expected to Announce Quarterly Sales of $2.15 Billion
$1.46 Earnings Per Share Expected for Mid-America Apartment Communities  This Quarter
$1.46 Earnings Per Share Expected for Mid-America Apartment Communities This Quarter
Church & Dwight  Expected to Post Earnings of $0.61 Per Share
Church & Dwight Expected to Post Earnings of $0.61 Per Share


© 2006-2018 Ticker Report. Google+.