$1.62 EPS Expected for Motorola Solutions, Inc. (NYSE:MSI) This Quarter


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Wall Street analysts expect Motorola Solutions, Inc. (NYSE:MSI) to post $1.62 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Five analysts have issued estimates for Motorola Solutions’ earnings, with estimates ranging from $1.61 to $1.67. Motorola Solutions reported earnings per share of $1.49 in the same quarter last year, which indicates a positive year over year growth rate of 8.7%. The company is scheduled to report its next earnings results on Thursday, May 6th.

According to Zacks, analysts expect that Motorola Solutions will report full year earnings of $8.63 per share for the current year, with EPS estimates ranging from $8.55 to $8.70. For the next financial year, analysts forecast that the company will post earnings of $9.61 per share, with EPS estimates ranging from $9.35 to $10.00. Zacks’ earnings per share calculations are an average based on a survey of analysts that follow Motorola Solutions.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Thursday, February 4th. The communications equipment provider reported $2.86 earnings per share for the quarter, beating the Zacks’ consensus estimate of $2.74 by $0.12. Motorola Solutions had a net margin of 10.39% and a negative return on equity of 158.99%.

A number of equities research analysts have recently issued reports on MSI shares. Cowen boosted their target price on shares of Motorola Solutions from $183.00 to $216.00 and gave the company an “outperform” rating in a research report on Friday, February 5th. Barclays boosted their target price on shares of Motorola Solutions from $196.00 to $206.00 and gave the stock an “overweight” rating in a research note on Friday, February 5th. JPMorgan Chase & Co. raised shares of Motorola Solutions from an “underweight” rating to a “neutral” rating and boosted their target price for the stock from $162.00 to $171.00 in a report on Friday, January 29th. William Blair started coverage on Motorola Solutions in a research note on Thursday, December 10th. They issued an “outperform” rating on the stock. Finally, Credit Suisse Group dropped their price objective on Motorola Solutions from $202.00 to $198.00 and set an “outperform” rating on the stock in a research note on Friday, February 5th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and twelve have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $155.69.

MSI traded down $1.51 during trading on Tuesday, reaching $179.04. 7,522 shares of the stock were exchanged, compared to its average volume of 745,643. Motorola Solutions has a twelve month low of $120.77 and a twelve month high of $185.16. The stock has a market cap of $30.26 billion, a P/E ratio of 40.39, a price-to-earnings-growth ratio of 2.39 and a beta of 0.74. The stock’s 50 day moving average price is $176.08 and its two-hundred day moving average price is $165.59.

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 15th. Investors of record on Monday, March 15th will be given a dividend of $0.71 per share. The ex-dividend date of this dividend is Friday, March 12th. This represents a $2.84 annualized dividend and a yield of 1.59%. Motorola Solutions’s dividend payout ratio (DPR) is presently 38.17%.

In other Motorola Solutions news, CEO Gregory Q. Brown sold 56,040 shares of the firm’s stock in a transaction dated Friday, February 12th. The stock was sold at an average price of $181.18, for a total transaction of $10,153,327.20. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 2.30% of the stock is owned by company insiders.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MSI. Cullen Frost Bankers Inc. increased its stake in shares of Motorola Solutions by 335.7% during the third quarter. Cullen Frost Bankers Inc. now owns 183 shares of the communications equipment provider’s stock valued at $29,000 after buying an additional 141 shares during the period. Motco boosted its holdings in Motorola Solutions by 1,811.1% in the fourth quarter. Motco now owns 172 shares of the communications equipment provider’s stock worth $29,000 after acquiring an additional 163 shares in the last quarter. Price Wealth LLC boosted its holdings in Motorola Solutions by 1,508.3% in the third quarter. Price Wealth LLC now owns 193 shares of the communications equipment provider’s stock worth $30,000 after acquiring an additional 181 shares in the last quarter. TD Ameritrade Investment Management LLC acquired a new stake in Motorola Solutions in the fourth quarter worth about $30,000. Finally, Column Capital Advisors LLC lifted its holdings in shares of Motorola Solutions by 48.7% during the third quarter. Column Capital Advisors LLC now owns 226 shares of the communications equipment provider’s stock worth $35,000 after purchasing an additional 74 shares during the period. Institutional investors own 86.62% of the company’s stock.

Motorola Solutions Company Profile

Motorola Solutions, Inc provides mission-critical communication solutions in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Services and Software. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video solutions, as well as the implementation, optimization, and integration of networks, devices, software, and applications for government, public safety and first-responder agencies, municipalities, and commercial and industrial customers.

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