Streetbeat News

Dividends

WGO

Winnebago Industries, Inc. (NYSE:WGO) reported disappointing Q3 results, missing both earnings and revenue estimates. Despite challenges in the Motorhome segment, the Towable RV business showed growth. Analysts from Baird and BMO Capital cut their price targets but maintained Outperform ratings. The company also announced a quarterly dividend and upcoming product releases.

Portfolio Pulse from Avi Kapoor

June 21, 2024 | 12:59 pm

ADBE

CVX

FLNG

XOM

On CNBC's 'Halftime Report Final Trades,' experts discussed Chevron, Adobe, FLEX LNG, and Electronic Arts. Chevron and Exxon Mobil plan to file a lawsuit against the Biden administration's emission cuts. FLEX LNG has a 12% dividend yield and posted strong Q1 results. Adobe beat Q2 earnings estimates, and Electronic Arts is set to host an Investor Day.

Portfolio Pulse from Avi Kapoor

June 21, 2024 | 12:51 pm

NGL

NGL Energy Partners LP (NYSE:NGL) announced quarterly cash distributions for its Class B and Class C Preferred Units. Class B units will receive $0.7820 per unit, and Class C units will receive $0.7926 per unit on July 15, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 10:29 am

FDS

FactSet Research Systems Inc. (NYSE:FDS) is set to release its Q3 earnings, with analysts expecting an EPS of $3.90 and revenue of $552.71 million. The company recently increased its quarterly dividend by 6%. Analysts have mixed ratings on the stock, with price targets ranging from $350 to $469.

Portfolio Pulse from Avi Kapoor

June 21, 2024 | 9:13 am

DAL

Delta Air Lines has announced an increase in its quarterly dividend to $0.15 per share, up from the previous $0.10 per share, and higher than the estimated $0.11 per share.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 8:32 pm

AFCG

IIPR

NLCP

NewLake Capital Partners (OTCQX:NLCP) stands out in the cannabis REIT sector with an 8.6% dividend yield, robust financial health, and growth prospects. Despite market and listing challenges, NLCP's debt-free status and sustainable dividend payout ratio make it a compelling investment opportunity.

Portfolio Pulse from Javier Hasse

June 20, 2024 | 4:47 pm

DDIV

DRI

EATZ

Darden Restaurants, Inc. (NYSE:DRI) shares surged after reporting better-than-expected Q4 FY24 adjusted EPS and increasing its quarterly dividend. Despite missing sales estimates, the company saw growth from new restaurant additions and maintained strong cash flow. Darden also provided a positive FY25 outlook.

Portfolio Pulse from Lekha Gupta

June 20, 2024 | 4:13 pm

CMC

SLX

XME

Commercial Metals Company (NYSE:CMC) shares surged after reporting better-than-expected Q3 FY24 net sales of $2.078 billion. The company highlighted strong fundamentals in North American markets and stable performance in Europe. Adjusted EPS was in line with expectations, and the company declared a 13% Y/Y increase in its quarterly dividend. CMC also repurchased $51.8 million worth of stock. Investors can gain exposure via VanEck Steel ETF (NYSE:SLX) and SPDR S&P Metals & Mining ETF (NYSE:XME).

Portfolio Pulse from Lekha Gupta

June 20, 2024 | 3:37 pm

HEI

HEICO Corporation has announced an increase in its cash dividend from $0.10 to $0.11 per share.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 12:37 pm

SWBI

Smith & Wesson Brands, Inc. (NASDAQ:SWBI) is set to release its Q4 earnings after the closing bell on Thursday. Analysts expect an EPS of 34 cents, up from 28 cents last year, and revenue of $156.8 million, up from $144.78 million. The company offers a 2.94% annual dividend yield. Shares closed at $16.34, up 1.1%.

Portfolio Pulse from Avi Kapoor

June 20, 2024 | 12:33 pm