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ESLT

Elbit Systems Ltd (NASDAQ:ESLT) reported a 11.3% Y/Y increase in Q3 FY23 revenue to $1.501 billion, surpassing estimates. Aerospace segment led with a 24.3% rise, while Elbit Systems of America saw a 2% decline due to lower munition sales. Gross margin slightly improved, but adjusted EPS of $1.65 missed expectations. The order backlog reached $16.6 billion. Operational cash flow was negative, impacted by inventory increases. Demand surged following attacks from Gaza. A dividend of $0.50 per share was declared. ESLT stock dropped 2.81% to $206.49.

Portfolio Pulse from Akanksha Bakshi

November 28, 2023 | 3:09 pm

CRWD

BMO Capital analyst Keith Bachman has maintained an Outperform rating on CrowdStrike Holdings (NASDAQ:CRWD) and increased the price target from $167 to $227.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 3:09 pm

SPY

Federal Reserve Governor Christopher J. Waller emphasized that monetary policy should be the primary tool for managing the economy, rather than relying on potential productivity growth. Waller's comments suggest a continued focus on adjusting interest rates and other monetary levers to influence economic conditions, rather than assuming productivity gains will alleviate the need for such interventions.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 3:08 pm

GHI

MTG

MGIC Investment (NYSE:MTG) is distributing a dividend of $0.12 per share with an annualized yield of 2.78%. Shareholders as of November 08, 2023, are eligible. The company has shown a positive trend in dividend per share growth from $0.24 in 2020 to $0.36 in 2022, and earnings per share growth from $1.78 to $2.88 over the same period. This suggests financial health and potential for future dividend increases. Greystone Housing Impact (NYSE:GHI) has the highest yield in the industry at 8.80%.

Portfolio Pulse from Benzinga Insights

November 28, 2023 | 3:05 pm

DHI

MDC

D.R. Horton (NYSE:DHI) is distributing a dividend of $0.30 per share with an annualized yield of 1.02% to shareholders on record as of November 21, 2023. The company has shown a positive trend in dividend per share growth from $0.62 in 2019 to $0.92 in 2022, and earnings per share growth from $4.30 to $16.54 over the same period. This indicates a strong financial position and commitment to shareholder value. D.R. Horton's dividend yield is moderate compared to industry peers like M.D.C. Holdings (NYSE:MDC), which has a higher yield of 4.79%.

Portfolio Pulse from Benzinga Insights

November 28, 2023 | 3:05 pm

RGA

Reinsurance Gr (NYSE:RGA) will pay a dividend of $0.85 per share on November 28, 2023, with an annualized yield of 2.30%. Shareholders eligible for this dividend must have held the stock before the ex-dividend date of November 13, 2023. The company has shown a positive trend in dividend per share from $2.60 in 2019 to $3.06 in 2022, indicating a commitment to shareholder returns. However, there is a decrease in earnings per share from $13.40 in 2019 to $10.89 in 2022, which may concern investors about future dividend sustainability.

Portfolio Pulse from Benzinga Insights

November 28, 2023 | 3:05 pm

DHT

TRMD

DHT Holdings (NYSE:DHT) has declared a dividend of $0.19 per share with an annualized yield of 6.75%. The dividend is payable to shareholders who held the stock before the ex-dividend date of November 20, 2023. The company's dividend payouts have fluctuated over the years, with a general decrease from $0.20 in 2019 to $0.12 in 2022. Earnings per share have also declined, from $0.11 in 2019 to $-0.02 in 2022, indicating potential financial challenges. DHT's dividend yield is moderate compared to industry peers, with TORM (NASDAQ:TRMD) having the highest yield at 18.93%.

Portfolio Pulse from Benzinga Insights

November 28, 2023 | 3:05 pm

BGSF

HSII

BGSF (NYSE:BGSF) has distributed a dividend of $0.15 per share with an annualized yield of 6.32%. Shareholders eligible for this payout were those holding shares before the ex-dividend date of November 17, 2023. The company's dividend per share has decreased from $1.20 in 2019 to $0.60 in 2022, and earnings per share have also declined from $1.67 in 2019 to $1.37 in 2022, indicating potential financial challenges. BGSF's dividend yield surpasses that of Heidrick & Struggles Intl (NASDAQ:HSII), which stands at 2.19%.

Portfolio Pulse from Benzinga Insights

November 28, 2023 | 3:05 pm

RUNEUSD

THORChain's cryptocurrency, RUNE, has seen a price increase of 8.87% in the last 24 hours, reaching $5.74. Over the past week, it has gained 6.0%, rising from $5.37. Despite the recent gains, it is still well below its all-time high of $20.87. Trading volume has decreased by 3.0% over the past week, while the circulating supply has slightly decreased by 0.09% to 300.70 million coins, which is 60.14% of the maximum supply. RUNE's market cap is currently ranked #38 at $1.73 billion.

Portfolio Pulse from Benzinga Insights

November 28, 2023 | 3:00 pm

LHX

L3Harris Technologies (NYSE:LHX) has received 8 analyst ratings in the last quarter, with 2 bullish, 5 somewhat bullish, and 1 indifferent. The average price target is $212.75, representing an upside from the current price of $187.925. This target has decreased by 3.99% from the previous target of $221.60. Analysts rate stocks based on research and provide guidance on performance metrics.

Portfolio Pulse from Benzinga Insights

November 28, 2023 | 3:00 pm