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SEM

Select Medical Hldgs (NYSE:SEM) has announced a quarterly dividend of 12.5 cents per share. The stock will go ex-dividend on Tuesday, meaning it will trade lower to reflect the payout. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend. The dividend will be paid out on November 28, 2023.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 2:45 pm

SBR

Sabine Royalty (NYSE:SBR) has announced a monthly dividend of 72.08 cents per share. The ex-dividend date is Tuesday, meaning the stock will likely open 72.08 cents lower to reflect the payout. Shareholders owning SBR as of the end of Monday's session are eligible for the dividend, which will be paid out on November 29, 2023.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 2:45 pm

ASTR

ATRA

EVA

GVH

INBS

TMPO

U.S. stocks traded mostly flat following the release of jobless claims data. The Dow traded down 0.02%, the NASDAQ rose 0.01%, and the S&P 500 fell 0.01%. Energy shares rose by 0.8% while health care shares fell by 1%. U.S. initial jobless claims fell by 3,000 to 217,000. Astra Space, Intelligent Bio Solutions, and Globavend Holdings saw significant increases in their shares. Tempo Automation Holdings, Atara Biotherapeutics, and Enviva saw significant decreases.

Portfolio Pulse from Lisa Levin

November 09, 2023 | 2:43 pm

CZR

LVS

MGM

WYNN

Wynn Resorts Ltd (NASDAQ:WYNN) is set to report its Q3 earnings on Nov. 9. Analysts will focus on the company's revenue from Macau, following a 316% YoY increase in Macau gross gaming revenue. Wynn is expected to report 78 cents in EPS and $1.58 billion in revenue for the quarter. However, the stock may experience volatility due to a strike declared by the Culinary Workers Union. The stock is rated a Buy by Wall Street analysts, with a $108.50 consensus price target.

Portfolio Pulse from Surbhi Jain

November 09, 2023 | 2:43 pm

MODG

JP Morgan analyst Matthew Boss has downgraded Topgolf Callaway Brands (NYSE:MODG) from Overweight to Neutral and lowered the price target from $23 to $13.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 2:41 pm

HMC

Honda Motor Co Ltd (NYSE:HMC) reported a 17.1% Y/Y increase in Q2 FY24 sales revenue to ¥4.98 trillion. The company's Automobile business, Motorcycle business, and Financial Services business saw Y/Y revenue increases of 23.9%, 10.7%, and 3.2% respectively. Despite a decline in Motorcycle unit sales, Automobile unit sales rose. The company's operating profit and profit for the period attributable to owners of the parent also increased. Honda raised its FY24 sales outlook and lowered the outlook for unit sales. HMC shares are trading lower by 1.87% at $31.27.

Portfolio Pulse from Lekha Gupta

November 09, 2023 | 2:40 pm

Weibo Corp reported a 3% YoY decline in Q3 FY23 revenue to $442.2 million, slightly missing the consensus of $442.4 million. Adjusted EPS of $0.53 also missed the consensus of $0.55. Despite the revenue fall, the company saw strong user growth with MAUs increasing by 21 million YoY to 605 million. The company's stock has lost 38.3% YTD and traded lower by 0.41% at $12.01 on the last check.

Portfolio Pulse from Anusuya Lahiri

November 09, 2023 | 2:39 pm

BTE

FANG

STNG

VLO

Benzinga Insights has identified five value stocks in the energy sector that may be worth watching: Scorpio Tankers (STNG), Diamondback Energy (FANG), Valero Energy (VLO), Suncor Energy (SU), and Baytex Energy (BTE). The selection is based on low P/E multiples, indicating that these companies may be undervalued. Recent earnings per share and dividend yield changes for each company are also reported.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 2:39 pm

EVA

Shares of Enviva Partners, LP (EVA) were halted on a circuit breaker due to a sharp drop in the stock price. The stock is now down by 66.7%.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 2:39 pm

ATRA

Evercore ISI Group analyst Michael DiFiore has downgraded Atara Biotherapeutics (NASDAQ:ATRA) from Outperform to In-Line.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 2:38 pm