Streetbeat News

Dividends

DAR

SANW

VGR

VLGEA

Benzinga Insights identifies value stocks in the consumer defensive sector with low P/E ratios, suggesting potential undervaluation. Vector Group, Village Super Market, Darling Ingredients, S&W Seed, and Bunge Global are highlighted for their P/E values and recent financial performance, including changes in earnings per share and dividend yields.

Portfolio Pulse from Benzinga Insights

January 26, 2024 | 2:40 pm

AEM

CLW

GGB

NUE

The article provides an overview of value stocks in the basic materials sector, highlighting companies with low P/E ratios. Clearwater Paper (CLW), Agnico Eagle Mines (AEM), Nucor (NUE), CF Industries Holdings (CF), and Gerdau (GGB) are identified as notable value stocks. The article includes recent earnings per share and dividend yield information for these companies, noting changes from previous quarters. Value stocks carry the risk that they may not rebound from their undervalued positions.

Portfolio Pulse from Benzinga Insights

January 26, 2024 | 2:39 pm

PFE

Pfizer Inc. (PFE) is set to release Q4 earnings on Jan. 30, 2024, with expected earnings of 22 cents per share, down from $1.14 year-over-year, and projected revenue of $14.25 billion, down from $24.29 billion. FY24 revenue is forecasted at $58.5-$61.5 billion, including Seagen acquisition impacts, below the consensus of $63.17 billion. Adjusted EPS guidance for FY24 is $2.05-$2.25, including Seagen impacts, below the consensus of $3.17. Pfizer's dividend yield is 6.12%, with a quarterly dividend of 42 cents a share. To earn $500 monthly from dividends, one would need to own 3,571 shares, valued at approximately $98,095. PFE shares fell 1.6% to close at $27.47 on Thursday.

Portfolio Pulse from Avi Kapoor

January 26, 2024 | 1:41 pm

AXP

American Express Co (NYSE:AXP) reported Q4 revenue of $15.8 billion, missing the consensus of $16.0 billion, and EPS of $2.62, slightly below the consensus of $2.64. Despite this, the stock is trading higher premarket due to a strong FY24 outlook and a 17% dividend increase from $0.60 to $0.70 per share. The company expects FY24 revenue growth of 9-11% and EPS of $12.65-$13.15, both above consensus estimates. Total expenses increased by 4% Y/Y, and the provision for credit losses rose to $1.44 billion from $1.03 billion a year ago.

Portfolio Pulse from Anusuya Lahiri

January 26, 2024 | 1:40 pm

BAH

Booz Allen Hamilton's stock is trading higher following the release of their Q3 financial results, which exceeded expectations. Additionally, the company has increased its quarterly dividend and raised its guidance for FY24, signaling confidence in its future performance.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 1:35 pm

NXST

Nexstar Media Group's Board has approved a 25% increase in its quarterly cash dividend, raising it from $1.35 to $1.69 per share. The dividend will be payable on February 23, 2024, to shareholders of record as of February 9, 2024.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 1:10 pm

MOG/A

Moog Inc. has announced a 4% increase in its quarterly cash dividend, raising it from $0.27 to $0.28 per share. This decision reflects the company's confidence in its financial stability and commitment to delivering shareholder value.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 1:10 pm

APA

CIVI

VLO

Wall Street's most accurate analysts have recommended three high-dividend yielding energy stocks: Civitas Resources, Inc. (CIVI), APA Corporation (APA), and Valero Energy Corporation (VLO). These stocks are attractive to investors seeking stable returns during market uncertainty. CIVI has a dividend yield of 9.59%, APA offers 3.12%, and VLO provides 3.18%. Recent analyst ratings and price targets have been provided for each company, along with their respective analyst accuracy rates. Additionally, recent company news includes a passive stake report for CIVI, a promotion within APA, and a mixed earnings report for VLO.

Portfolio Pulse from Avi Kapoor

January 26, 2024 | 12:14 pm

AXP

American Express (AXP) has announced its intention to raise its quarterly dividend by 17%, increasing the payout to $0.70 per common share. This move reflects the company's confidence in its financial stability and commitment to delivering value to its shareholders.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 12:02 pm

BAH

Booz Allen Hamilton has announced an increase in its quarterly dividend from $0.47 to $0.51 per share, payable on March 1, 2024, to stockholders of record as of February 12, 2024.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 11:49 am