Streetbeat News

Earnings

NMRD

Nemaura Medical has announced interim results from its metabolic health program, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 3:12 pm

AMC

AMC Entertainment Holdings has an option alert for Sep 29 $8.5 calls sweep near the ask with 900 @ $0.769 vs 240 open interest. The company's earnings are expected to be announced after close on November 7. The reference price is $7.8994.

Portfolio Pulse from Charles Gross

September 13, 2023 | 3:09 pm

SSTK

There has been a significant increase in the number of call options for Shutterstock (SSTK) with a strike price of $40 expiring on November 17. The volume of these options is 563, significantly higher than the open interest of 65. The company is expected to announce its earnings on October 24 before the market opens.

Portfolio Pulse from Charles Gross

September 13, 2023 | 3:08 pm

MBWM

WASH

Mercantile Bank (NASDAQ:MBWM) is set to issue a dividend payout of $0.34 per share, resulting in an annualized dividend yield of 4.72%. The bank has shown a positive financial trend from 2019 to 2022, with an increase in both dividend per share and earnings per share. Washington Trust Bancorp (NASDAQ:WASH) has the highest annualized dividend yield at 7.98% among its industry peers.

Portfolio Pulse from Benzinga Insights

September 13, 2023 | 3:05 pm

BBDC

TRIN

Barings BDC (NYSE:BBDC) is set to distribute a dividend payout of $0.26 per share, translating to an annualized dividend yield of 12.28%. The company has shown a positive dividend growth pattern from 2019 to 2022, with the dividend per share rising from $0.54 to $0.95. Earnings per share also increased from $0.63 to $1.01 during the same period. Trinity Cap (NASDAQ:TRIN) has the highest annualized dividend yield at 14.46% among industry peers.

Portfolio Pulse from Benzinga Insights

September 13, 2023 | 3:05 pm

NOC

RTX

Northrop Grumman (NYSE:NOC) is set to deliver a dividend payout of $1.87 per share, equating to an annualized dividend yield of 1.77%. The company's dividend per share has shown a positive trend, increasing steadily from $5.16 in 2019 to $6.76 in 2022. The company's earnings per share also increased from $20.54 to $24.05 during the same period. RTX (NYSE:RTX) has the highest annualized dividend yield at 3.12% among its industry peers.

Portfolio Pulse from Benzinga Insights

September 13, 2023 | 3:05 pm

ICL

ICL Group (NYSE:ICL) has announced a dividend payout of $0.06 per share, resulting in an annualized dividend yield of 3.99%. The company has shown a steady increase in its dividend per share from $0.21 in 2019 to $0.91 in 2022. Additionally, ICL Group's earnings per share have also increased from $0.44 in 2019 to $1.80 in 2022, indicating a strong financial position and potential for sustained dividend distributions.

Portfolio Pulse from Benzinga Insights

September 13, 2023 | 3:05 pm

DLNG

Dynagas LNG Partners (DLNG) is set to release its latest quarterly earnings report on September 14, 2023. Analysts estimate an earnings per share (EPS) of $0.18. The company's past performance shows a trend of missing EPS estimates and subsequent drops in share price. The stock is currently trading at $2.68, down 22.22% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

September 13, 2023 | 3:00 pm

SMTC

Semtech Corporation (NASDAQ:SMTC) is expected to report a sharp decline in its Q2 earnings for fiscal year 2024, with analysts predicting earnings of 2 cents per share, down from 87 cents per share in the previous year. Despite this, the company's revenue is expected to increase to $237.37 million from $209.25 million. Semtech's shares fell 2.7% to close at $22.72 on Tuesday. Several analysts have recently adjusted their price targets for the company, with the most accurate analysts predicting targets ranging from $25 to $52.

Portfolio Pulse from Lisa Levin

September 13, 2023 | 2:42 pm

AAL

ASC

HSII

ULH

WNC

Benzinga Insights has identified five value stocks in the industrials sector that may be worth watching: Heidrick & Struggles Intl (HSII), Wabash National (WNC), American Airlines Group (AAL), Ardmore Shipping (ASC), and Universal Logistics Hldgs (ULH). The selection is based on their low price-to-earnings (P/E) multiples, indicating potential undervaluation. The companies have also reported their Q2 earnings and dividend yields, with mixed results.

Portfolio Pulse from Benzinga Insights

September 13, 2023 | 2:41 pm