Hess Corp (NYSE:HES) announced a quarterly dividend on Wednesday, June 5th, Analyst Ratings Network reports. Stockholders of record on Monday, June 17th will be paid a dividend of $0.10 per share on Friday, June 28th. This represents a $0.40 annualized dividend and a dividend yield of 0.60%.
A number of research firms have also recently commented on HES. Analysts at TheStreet reiterated a “buy” rating on shares of Hess Corp in a research note to investors on Wednesday, May 29th. On a related note, analysts at Zacks reiterated a “neutral” rating on shares of Hess Corp in a research note to investors on Friday, May 17th. They now have a $73.00 price target on the stock.
Fourteen equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $75.07.
Shares of Hess Corp (NYSE: HES) opened at 66.76 on Thursday. Hess Corp has a one year low of $39.67 and a one year high of $74.48. The stock’s 50-day moving average is currently $69.62. The company has a market cap of $22.645 billion and a P/E ratio of 8.26.
Hess Corp (NYSE: HES) last issued its quarterly earnings data on Wednesday, April 24th. The company reported $1.95 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.57 by $0.38. The company had revenue of $4.12 billion for the quarter, compared to the consensus estimate of $2.96 billion. During the same quarter in the prior year, the company posted $1.60 earnings per share. Analysts expect that Hess Corp will post $6.26 EPS for the current fiscal year.
Hess Corporation (NYSE: HES) is a global integrated energy company that operates in two segments: Exploration and Production (E&P) and Marketing and Refining (M&R).