James Hardie Industries SE (NYSE:JHX) announced a semiannual dividend on Monday, June 3rd, AnalystRatingsNetwork.com reports. Stockholders of record on Thursday, June 27th will be paid a dividend of $0.65 per share on Friday, July 26th. This represents a dividend yield of 2.75%. The ex-dividend date is Tuesday, June 25th.
A number of research firms have also recently commented on JHX. Analysts at Zacks upgraded shares of James Hardie Industries SE from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, May 13th. They now have a $56.20 price target on the stock. On the ratings front, analysts at Deutsche Bank downgraded shares of James Hardie Industries SE from a “buy” rating to a “hold” rating in a research note to investors on Wednesday, April 17th. They now have a $9.28 price target on the stock, down previously from $10.00. Finally, analysts at Williams Financial Group raised their price target on shares of James Hardie Industries SE from $53.00 to $59.00 in a research note to investors on Thursday, March 28th. They now have a “buy” rating on the stock.
One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company’s stock. James Hardie Industries SE has an average rating of “Hold” and an average target price of $41.49.
Shares of James Hardie Industries SE (NYSE: JHX) traded up 2.56% during mid-day trading on Monday, hitting $47.33. James Hardie Industries SE has a one year low of $34.00 and a one year high of $54.03. The stock’s 50-day moving average is currently $51.03. The company has a market cap of $20.903 billion and a P/E ratio of 461.50.
James Hardie Industries SE, formerly James Hardie Industries N.V. is a manufacturer of fibre cement products and systems for internal and external building construction applications in the United States, Australia, New Zealand and Philippines.
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