CA, Inc. (NASDAQ:CA) declared a quarterly dividend on Wednesday, February 7th, RTT News reports. Stockholders of record on Thursday, February 22nd will be paid a dividend of 0.255 per share by the technology company on Tuesday, March 13th. This represents a $1.02 annualized dividend and a dividend yield of 2.85%. The ex-dividend date of this dividend is Wednesday, February 21st.
Shares of CA (NASDAQ:CA) traded down $0.43 on Wednesday, hitting $35.84. 2,411,720 shares of the stock traded hands, compared to its average volume of 2,758,134. The firm has a market cap of $15,346.98, a PE ratio of 35.70, a P/E/G ratio of 4.66 and a beta of 0.69. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.24 and a quick ratio of 1.24. CA has a 12 month low of $30.45 and a 12 month high of $37.25.
CA (NASDAQ:CA) last announced its quarterly earnings data on Tuesday, January 30th. The technology company reported $0.75 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.55 by $0.20. The company had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.07 billion. CA had a net margin of 10.23% and a return on equity of 16.52%. The business’s revenue was up 8.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.63 EPS. equities research analysts forecast that CA will post 2.37 earnings per share for the current fiscal year.
Several research analysts have commented on the stock. BidaskClub upgraded shares of CA from a “hold” rating to a “buy” rating in a report on Wednesday, February 21st. Argus reiterated a “buy” rating and issued a $33.70 target price (down from $40.00) on shares of CA in a report on Wednesday, February 7th. Evercore ISI reiterated a “sell” rating and issued a $36.00 target price on shares of CA in a report on Friday, February 2nd. Zacks Investment Research upgraded shares of CA from a “hold” rating to a “buy” rating and set a $40.00 target price for the company in a report on Friday, February 2nd. Finally, Jefferies Group reiterated a “buy” rating and issued a $41.00 target price on shares of CA in a report on Wednesday, January 31st. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and seven have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $34.23.
In other CA news, EVP Lauren Patricia Flaherty sold 10,793 shares of CA stock in a transaction that occurred on Monday, March 12th. The shares were sold at an average price of $36.75, for a total value of $396,642.75. Following the completion of the sale, the executive vice president now directly owns 71,123 shares in the company, valued at $2,613,770.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Jacob Lamm sold 77,610 shares of CA stock in a transaction that occurred on Friday, March 9th. The shares were sold at an average price of $36.77, for a total transaction of $2,853,719.70. Following the completion of the sale, the executive vice president now owns 71,223 shares of the company’s stock, valued at $2,618,869.71. The disclosure for this sale can be found here. Company insiders own 0.90% of the company’s stock.
CA, Inc (CA) is engaged in providing software solutions enabling customers to plan, develop, manage and secure applications and enterprise environments across distributed, cloud, mobile and mainframe platforms. The Company operates through three business segments: Mainframe Solutions, Enterprise Solutions and Services.
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