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Stock Prices

FDX

UPS

FedEx (FDX) shares are trading lower due to negative sentiment following UPS's report of disappointing Q4 sales and FY24 sales guidance below expectations.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 3:11 pm

CVLT

GM

HCA

KURA

SANM

General Motors Company (GM) reported Q4 FY23 sales of $42.98 billion, slightly down by 0.3% YoY but surpassing estimates of $38.97 billion. Adjusted EPS of $1.24 also beat the consensus of $1.16, leading to a 7.6% rise in GM shares. Other companies like Sanmina Corporation (SANM), Kura Oncology (KURA), Commvault Systems (CVLT), and HCA Healthcare (HCA) also saw stock gains after reporting strong financial results or receiving positive analyst coverage.

Portfolio Pulse from Avi Kapoor

January 30, 2024 | 3:10 pm

MSFT

Microsoft Corporation (NASDAQ:MSFT) is anticipated to report an increase in Q2 earnings with an expected $2.78 per share, up from $2.32 the previous year, and projected revenue of $61.10 billion. CEO Satya Nadella plans to visit India to explore AI opportunities. Shares rose 1.4% to $409.72. Analysts from Wedbush, Piper Sandler, BMO Capital, Mizuho, and Argus Research have reiterated positive ratings with price targets ranging from $420 to $455.

Portfolio Pulse from Avi Kapoor

January 30, 2024 | 3:09 pm

ZG

RBC Capital analyst Brad Erickson has maintained an Outperform rating on Zillow Group (NASDAQ:ZG) and increased the price target from $60 to $66.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 3:06 pm

BGS

CALM

B&G Foods (NYSE:BGS) is distributing a dividend of $0.19 per share today, with an annualized yield of 9.13%. The company's dividend per share decreased from $1.90 in 2020 to $0.76 in 2023, and earnings per share also declined from $2.19 in 2020 to $1.09 in 2023. This trend raises concerns about the company's financial health and future dividend sustainability. B&G Foods has the highest dividend yield compared to Cal-Maine Foods (NASDAQ:CALM), which has a yield of 5.60%.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 3:05 pm

BXP

OPI

Boston Props (NYSE:BXP) is distributing a dividend of $0.98 per share with a 5.49% yield. Shareholders eligible for the payout owned the stock before December 28, 2023. The company has maintained a steady dividend per share of $3.92 from 2020 to 2023 and experienced earnings growth from $6.79 to $7.31 per share, indicating financial health and potential for continued profit sharing with investors. Office Props IT (NASDAQ:OPI) has a higher yield at 20.65%.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 3:05 pm

AVAXUSD

Avalanche (CRYPTO: AVAX) has seen a 4.16% increase in price over the last 24 hours, reaching $36.01, and a 24.0% gain over the past week from $29.07. Despite the recent gains, it is still well below its all-time high of $144.96. The trading volume has decreased by 2.0% and the circulating supply dropped by 0.58% to 367.07 million, which is approximately 50.98% of the maximum supply. AVAX's market cap is currently ranked #10 at $13.19 billion.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 3:03 pm

ETHUSD

Ethereum (ETH) has seen a price increase of 3.12% in the last 24 hours, reaching $2,312.31, with a weekly gain of over 4.0%. Despite a 44.0% decrease in trading volume over the past week, Ethereum's market cap remains the second-largest at $277.86 billion. The circulating supply has slightly decreased by 0.47% to 120.18 million coins.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 3:02 pm

ADAUSD

Cardano's (CRYPTO: ADA) price has increased by 6.14% in the last 24 hours, reaching $0.52, continuing a positive trend with an 11.0% gain over the past week. Despite a decrease in trading volume and circulating supply, ADA's market cap ranks it 9th at $18.16 billion.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 3:02 pm

RYN

Rayonier (NYSE:RYN) is expected to release its quarterly earnings report on January 31, 2024, with analysts predicting an EPS of $0.15. Investors are looking for an earnings beat and positive guidance for future growth. Rayonier's stock performance has been negative over the past year, with a 16.79% decline. The company's past earnings have occasionally led to significant share price movements the following day.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 3:02 pm