How To Earn $500 A Month From Domino's Stock Ahead Of Q2 Earnings Report
Portfolio Pulse from Avi Kapoor
Domino’s Pizza, Inc. (NYSE:DPZ) is set to release its Q2 earnings report, with analysts expecting an EPS of $3.65 and revenue of $1.1 billion. Wedbush analyst Nick Setyan reiterated an Outperform rating with a $575 price target. Domino’s has a dividend yield of 1.23%, translating to a quarterly dividend of $1.51 per share. To earn $500 monthly from dividends, an investor would need approximately 993 shares, worth $486,421.
July 17, 2024 | 12:12 pm
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Domino’s Pizza is expected to report strong Q2 earnings with an EPS of $3.65 and revenue of $1.1 billion. Analyst Nick Setyan reiterated an Outperform rating with a $575 price target. The stock has a dividend yield of 1.23%, and shares gained 1.4% to close at $489.85.
The positive earnings expectations and the reiterated Outperform rating with a high price target suggest a bullish outlook for Domino’s stock. The recent price increase further supports this sentiment.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100