Streetbeat News

Dividends

GPMT

NUKK

STEM

WHLR

Granite Point Mortgage Trust shares rose in pre-market trading after announcing dividends for common and preferred stocks. Several other stocks, including Nukkleus Inc. and Wheeler Real Estate Investment Trust, also saw significant pre-market movements.

Portfolio Pulse from Avi Kapoor

September 23, 2024 | 9:46 am

XOMA

XOMAO

XOMAP

XOMA Royalty Corporation announced cash dividends for its Series A and Series B Cumulative Preferred Stock, with record date on October 3, 2024. Series A holders will receive $0.53906 per share, and Series B holders will receive $0.52344 per depositary share, payable on October 15, 2024.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 9:37 am

KBH

KB Home (NYSE:KBH) is set to release its Q3 earnings, with expectations of $2.06 EPS and $1.73 billion in revenue. Analysts have revised their ratings and price targets, with mixed views ranging from Neutral to Underperform. The stock recently closed at $87.23, down 2.7%.

Portfolio Pulse from Avi Kapoor

September 23, 2024 | 7:44 am

IDA

IDACORP has announced an increase in its common stock dividend from $0.83 to $0.86. This move reflects the company's strong financial position and commitment to returning value to shareholders.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 8:32 pm

CVS

GILD

PFE

Analysts have provided ratings for three high-yielding healthcare stocks: Pfizer, CVS Health, and Gilead Sciences. Pfizer has received positive ratings and presented promising study data. CVS Health faces legal challenges but maintains strong ratings. Gilead Sciences has shown positive trial results.

Portfolio Pulse from Avi Kapoor

September 20, 2024 | 1:00 pm

DRI

Darden Restaurants, Inc. (NYSE:DRI) reported weaker-than-expected Q1 results, missing both earnings and sales estimates. Despite this, the company announced a quarterly dividend and saw its stock price rise by 8.3%. Analysts have revised their price targets, with mixed ratings ranging from Hold to Outperform.

Portfolio Pulse from Avi Kapoor

September 20, 2024 | 12:40 pm

HD

IJR

PEP

TGT

Target Corporation has appointed Jim Lee from PepsiCo as its new CFO. Home Depot is expected to benefit from lower interest rates despite a recent legal settlement. iShares Core S&P Small-Cap ETF was highlighted as a final trade pick.

Portfolio Pulse from Avi Kapoor

September 20, 2024 | 12:34 pm

WOR

Worthington Enterprises (NYSE:WOR) is set to release its Q1 2025 earnings on Sept. 24, with expected earnings of 74 cents per share, down from $2.06 last year. The company projects $300.26 million in revenue. Investors are eyeing its 1.46% dividend yield, with shares recently rising 2.6% to $46.55.

Portfolio Pulse from Avi Kapoor

September 20, 2024 | 12:27 pm

THO

Thor Industries is set to release its Q4 earnings on Sept. 24, with expectations of $4.83 EPS and $21.99 billion in revenue. Analysts have adjusted their ratings and price targets, with some maintaining positive outlooks despite price target reductions.

Portfolio Pulse from Avi Kapoor

September 20, 2024 | 11:44 am

CIM

Chimera Investment Corporation has announced an increase in its Q3 2024 common stock dividend from $0.35 to $0.37 per share, marking the second consecutive quarter of dividend growth. The dividend will be payable on October 31, 2024, to shareholders of record on September 30, 2024.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 9:17 pm