International Game Technology (IGT) Plans Quarterly Dividend of $0.09

International Game Technology (NYSE:IGT) announced a quarterly dividend on Tuesday, June 4th, AnalystRatingsNetwork reports. Shareholders of record on Thursday, June 20th will be paid a dividend of $0.09 per share on Friday, July 5th. This represents a $0.36 annualized dividend and a dividend yield of 2.06%.

A number of research firms have also recently commented on IGT. Analysts at Deutsche Bank reiterated a “buy” rating on shares of International Game Technology in a research note to investors on Monday. They now have a $20.00 price target on the stock. On a related note, analysts at Zacks reiterated a “neutral” rating on shares of International Game Technology in a research note to investors on Monday, May 13th. They now have a $19.00 price target on the stock. Finally, analysts at Nomura raised their price target on shares of International Game Technology from $15.00 to $17.00 in a research note to investors on Friday, April 26th. They now have a “neutral” rating on the stock.

One research analyst has rated the stock with a sell rating, twelve have given a hold rating and nine have assigned a buy rating to the stock. International Game Technology currently has an average rating of “Hold” and a consensus target price of $18.08.

Shares of International Game Technology (NYSE: IGT) traded up 0.06% during mid-day trading on Tuesday, hitting $17.47. International Game Technology has a one year low of $10.92 and a one year high of $18.81. The stock’s 50-day moving average is currently $17.43. The company has a market cap of $4.549 billion and a P/E ratio of 17.24.

International Game Technology (NYSE: IGT) last posted its quarterly earnings results on Thursday, April 25th. The company reported $0.36 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.30 by $0.06. The company had revenue of $600.00 million for the quarter, compared to the consensus estimate of $569.93 million. During the same quarter in the prior year, the company posted $0.27 earnings per share. The company’s quarterly revenue was up 10.9% on a year-over-year basis. International Game Technology has set its FY13 guidance at $1.26-1.32 EPS. On average, analysts predict that International Game Technology will post $1.31 earnings per share for the current fiscal year.

International Game Technology (NYSE: IGT)is a global gaming company specializing in the design, development, manufacture, and marketing of electronic gaming equipment and systems products, including online and mobile solutions.

Latest News

La Jolla Pharmaceutical  Expected to Announce Quarterly Sales of $7.12 Million
La Jolla Pharmaceutical Expected to Announce Quarterly Sales of $7.12 Million
Webcoin Market Cap Tops $168,665.00
Webcoin Market Cap Tops $168,665.00
StockChain 24-Hour Trading Volume Reaches $73,685.00
StockChain 24-Hour Trading Volume Reaches $73,685.00
$2.03 EPS Expected for DXC Technology Co  This Quarter
$2.03 EPS Expected for DXC Technology Co This Quarter
3D Systems Co.  Receives $12.83 Consensus Target Price from Analysts
3D Systems Co. Receives $12.83 Consensus Target Price from Analysts
PPG Industries, Inc.  Receives Consensus Rating of “Hold” from Analysts
PPG Industries, Inc. Receives Consensus Rating of “Hold” from Analysts


© 2006-2018 Ticker Report