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Stock Prices

VITL

Stifel analyst Matthew Smith has reaffirmed a Buy rating on Vital Farms (NASDAQ:VITL) and increased the price target from $15 to $16.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 3:09 pm

RDHL

Redhill Biopharma's stock price has declined following the announcement of an $8 million registered direct offering. The offering could dilute existing shareholders' equity, leading to the negative market reaction.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 3:08 pm

LRCX

Lam Research's stock is trading higher following the announcement of their second-quarter results, which surpassed expectations.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 3:08 pm

GEN

ORCL

Oracle (NYSE:ORCL) is set to distribute a dividend of $0.40 per share with an annualized yield of 1.41%. The dividend is for shareholders on record before January 10, 2024. Oracle has shown a positive trend in dividend per share growth from $0.96 in 2020 to $1.60 in 2023, and earnings growth from $4.16 to $5.42 per share over the same period. This suggests strong financial health and potential for continued profit distribution. Gen Digital (NASDAQ:GEN) has the highest dividend yield in the industry at 2.13%.

Portfolio Pulse from Benzinga Insights

January 25, 2024 | 3:05 pm

AKTS

Akoustis Technologies Inc (NASDAQ:AKTS) stock plummeted 30.6% to $0.49 after announcing a public offering of 20 million shares at $0.50 each, aiming to raise $10 million. The offering, managed by Roth Capital Partners, will fund operations, growth, and R&D. The underwriters have an option for an additional 3 million shares, with the offering's closing expected around January 29.

Portfolio Pulse from Henry Khederian

January 25, 2024 | 3:05 pm

FBNC

NWBI

First Bancorp (NASDAQ:FBNC) is set to distribute a dividend of $0.22 per share with an annualized yield of 2.35% to shareholders on record as of December 31, 2023. The company has shown a positive trend in dividend growth from $0.72 to $0.88 per share from 2020 to 2023 and an increase in earnings per share from $2.70 to $2.89 over the same period. This consistent growth indicates a strong financial health and commitment to rewarding shareholders. Northwest Bancshares (NASDAQ:NWBI) has a higher annualized dividend yield of 6.25% compared to First Bancorp.

Portfolio Pulse from Benzinga Insights

January 25, 2024 | 3:05 pm

GE

IEP

General Electric (NYSE:GE) maintains a stable dividend payout of $0.08 per share, with an annualized yield of 0.26%. Despite a lower yield compared to Icahn Enterprises (NASDAQ:IEP), GE's consistent dividend and increasing earnings per share from $1.36 to $3.01 from 2020 to 2023 suggest a strong financial position and potential for future dividend growth.

Portfolio Pulse from Benzinga Insights

January 25, 2024 | 3:05 pm

NGVC

VLGEA

Village Super Market (NASDAQ:VLGEA) is distributing a $0.25 per share dividend with a 4.00% yield, maintaining a steady dividend since 2020. Earnings per share grew from $1.47 to $3.37 from 2020 to 2023, indicating financial health and potential for future dividend increases. VLGEA leads in dividend yield compared to peers like Natural Grocers (NYSE:NGVC), which has a 2.57% yield.

Portfolio Pulse from Benzinga Insights

January 25, 2024 | 3:05 pm

CODI

UWMC

Compass Diversified Hldgs (NYSE:CODI) announced a dividend payout of $0.25 per share with an annualized yield of 4.51%. The dividend is consistent with previous quarters but shows a decrease from $0.36 in 2021. Despite the reduced dividend, CODI's earnings per share have grown from $-0.72 in 2020 to $1.92 in 2023, indicating a focus on business growth. UWM Hldgs (NYSE:UWMC) is mentioned with the highest yield in the industry at 6.24%.

Portfolio Pulse from Benzinga Insights

January 25, 2024 | 3:05 pm

SEIUSD

Cryptocurrency Sei (CRYPTO: SEI) has experienced a 3.28% price drop over the last 24 hours, continuing a weekly decline of 19%. The trading volume has decreased by 45%, and the circulating supply has fallen by 1.47%. Sei's market cap ranking is now #50, valued at $1.48 billion.

Portfolio Pulse from Benzinga Insights

January 25, 2024 | 3:03 pm