Nasdaq, Inc. (NASDAQ:NDAQ) declared a quarterly dividend on Wednesday, October 25th, RTT News reports. Shareholders of record on Friday, December 15th will be paid a dividend of 0.38 per share by the financial services provider on Friday, December 29th. This represents a $1.52 dividend on an annualized basis and a yield of 1.93%. The ex-dividend date is Thursday, December 14th.
Nasdaq (NASDAQ:NDAQ) opened at $78.78 on Friday. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.15 and a quick ratio of 1.15. Nasdaq has a 52 week low of $65.98 and a 52 week high of $80.00. The company has a market capitalization of $12,930.74, a PE ratio of 18.83, a price-to-earnings-growth ratio of 2.18 and a beta of 0.78.
Nasdaq (NASDAQ:NDAQ) last issued its earnings results on Wednesday, October 25th. The financial services provider reported $1.06 EPS for the quarter, beating analysts’ consensus estimates of $1.02 by $0.04. Nasdaq had a return on equity of 12.69% and a net margin of 6.72%. The firm had revenue of $607.00 million for the quarter, compared to the consensus estimate of $599.84 million. During the same quarter in the previous year, the company posted $0.91 earnings per share. The business’s quarterly revenue was up 3.8% compared to the same quarter last year. equities research analysts forecast that Nasdaq will post 4.18 EPS for the current fiscal year.
NDAQ has been the subject of a number of analyst reports. ValuEngine raised Nasdaq from a “hold” rating to a “buy” rating in a research report on Wednesday, November 15th. Zacks Investment Research raised Nasdaq from a “sell” rating to a “hold” rating in a research report on Tuesday, October 17th. Royal Bank Of Canada set a $78.00 price target on Nasdaq and gave the stock a “hold” rating in a research report on Monday, October 16th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $78.00 price target on shares of Nasdaq in a research report on Thursday, October 12th. Finally, Citigroup boosted their price target on Nasdaq from $75.00 to $82.00 and gave the stock a “neutral” rating in a research report on Thursday, October 19th. One analyst has rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the stock. Nasdaq presently has a consensus rating of “Hold” and a consensus target price of $78.22.
In other Nasdaq news, EVP Pc Nelson Griggs sold 2,064 shares of the business’s stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $76.58, for a total value of $158,061.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 1.60% of the stock is owned by insiders.
Nasdaq Company Profile
Nasdaq, Inc (Nasdaq) is a holding company. The Company is a provider of trading, clearing, exchange technology, regulatory, securities listing, information and public company services. It manages, operates and provides its products and services through four segments: Market Services, Corporate Services, Information Services and Market Technology.
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