Streetbeat News

Earnings

FBIZ

FLIC

First Business Finl Servs (NASDAQ:FBIZ) is distributing a dividend of $0.23 per share with an annualized yield of 3.07%. The ex-dividend date was November 3, 2023, and the dividend is payable on November 16, 2023. The company has shown a positive trend in dividend per share growth from $0.60 in 2019 to $0.79 in 2022, and earnings per share growth from $2.47 to $4.57 from 2019 to 2022. First Business Finl Servs's dividend yield is in the middle range compared to its industry peers, with First of Long Island (NASDAQ:FLIC) having the highest yield at 7.19%.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 3:05 pm

EGBN

LBAI

Lakeland Bancorp (NASDAQ:LBAI) is set to pay a dividend of $0.14 per share on November 16, 2023, with an annualized yield of 5.22% to shareholders on record as of November 03, 2023. The company has shown a positive trend in dividend per share growth from $0.49 in 2019 to $0.57 in 2022, and an increase in earnings per share from $1.41 to $1.60 over the same period. This consistent performance places Lakeland Bancorp in a strong financial position among its peers, with Eagle Bancorp (NASDAQ:EGBN) having a higher annualized dividend yield of 7.44%.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 3:05 pm

NYCB

TFC

New York Community (NYSE:NYCB) is set to distribute a dividend of $0.17 per share on November 16, 2023, with an annualized yield of 6.73%. Shareholders eligible for this dividend must have held the stock before the ex-dividend date of November 03, 2023. The company has maintained a stable dividend per share of $0.68 from 2019 to 2022 and has seen earnings per share growth from $0.76 to $1.29 over the same period, indicating a strong financial position and potential for future dividend increases. New York Community's dividend yield surpasses that of Truist Financial (NYSE:TFC), which stands at 6.52%.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 3:05 pm

AAPL

XRX

Apple (NASDAQ:AAPL) is distributing a dividend of $0.24 per share with an annualized yield of 0.55%. The dividend trend from 2019 to 2022 shows consistent growth, and earnings per share have also increased, indicating a strong financial position. Apple's dividend yield is lower than industry peers like Xerox Holdings (NASDAQ:XRX), which has a yield of 7.26%.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 3:05 pm

Macy's Inc (NYSE:M) shares rose after reporting Q3 FY23 earnings that surpassed analyst expectations. Sales declined by 7% to $4.86 billion, beating estimates of $4.79 billion. Adjusted EPS was $0.21, exceeding the $0.02 consensus. The company updated its FY23 outlook, expecting comparable sales down 6%-7% and adjusted EPS of $2.88-$3.13, with the latter higher than the previous range and above consensus estimates. Macy's stock increased by 9.99% to $13.86.

Portfolio Pulse from Shivani Kumaresan

November 16, 2023 | 2:56 pm

COOP

FNWD

FULT

NOAH

OMF

The article lists five value stocks in the financial services sector, highlighting their low P/E ratios and recent financial performance. OneMain Holdings (OMF) has seen an increase in EPS and dividend yield. Finward Bancorp (FNWD) reported a decrease in EPS but an increase in dividend yield. Fulton Financial (FULT) experienced a slight decrease in EPS and a small increase in dividend yield. Mr. Cooper Group (COOP) showed a significant increase in EPS, and Noah Holdings (NOAH) also reported an increase in EPS.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 2:47 pm

KLXE

PFIE

TNK

VTS

The article identifies five value stocks in the energy sector based on their low P/E ratios, suggesting they may be undervalued. The stocks are KLX Energy Services Hldgs (KLXE), Eni (E), Vitesse Energy (VTS), Profire Energy (PFIE), and Teekay Tankers (TNK). The article provides recent earnings per share data and dividend yield changes for these companies, noting that while value stocks may be undervalued, there is a risk they may not rebound.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 2:39 pm

AMT

EPD

EXPE

NXPI

On CNBC's 'Halftime Report Final Trades,' analysts recommended NXP Semiconductors (NXPI), Enterprise Products Partners (EPD), American Tower (AMT), and Expedia Group (EXPE). NXPI reported better-than-expected Q3 results and guidance, EPD had weaker Q3 earnings, AMT showed a 5.5% revenue growth YOY, and EXPE reported strong Q3 results with a new $5 billion share repurchase plan. All stocks saw positive price action, with NXPI up 3%, EPD up 0.1%, AMT up 0.9%, and EXPE up 6.3%.

Portfolio Pulse from Lisa Levin

November 16, 2023 | 2:38 pm

TGT

Target Corporation (NYSE:TGT) reported Q3 2023 sales of $25.398 billion, surpassing estimates and adjusted EPS of $2.10, beating consensus. The company's annual dividend yield is 3.37%, with a quarterly dividend of $1.10 per share. To earn $500 monthly from dividends, an investment of approximately $177,947 or 1,364 shares is needed. Dividend yields fluctuate with dividend payments and stock prices. Target's stock price surged 17.8% to close at $130.46 following the earnings report.

Portfolio Pulse from Lisa Levin

November 16, 2023 | 2:33 pm

EVGN

Evogene Ltd (NASDAQ:EVGN), an Israeli computational biology company, reported increased Q3 2023 revenues of $3.8 million, up from $466 thousand in Q3 2022. The net loss decreased to $3.9 million from $7.2 million year-over-year. The company highlighted contributions from Lavie Bio and Casterra, and a strong consolidated cash position of $37.2 million. EVGN's stock traded 1.15% lower at $0.65 before the bell on Thursday.

Portfolio Pulse from Patricio Liddle

November 16, 2023 | 2:33 pm