Streetbeat News

Stock Prices

MSFT

Wedbush analyst Daniel Ives has reiterated an Outperform rating on Microsoft (NASDAQ:MSFT) and maintained a price target of $425.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 3:11 pm

NVDA

Wedbush analyst Matt Bryson has reiterated an Outperform rating on NVIDIA (NASDAQ:NVDA) and maintained a price target of $600.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 3:09 pm

DE

During a conference call, an executive from Deere & Company discussed the current state of the construction and forestry market, indicating that the demand outlook remains mixed. The executive highlighted uncertainty in housing and commercial investments as contributing factors to the market's unpredictability.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 3:08 pm

DE

During a conference call, an executive from Deere & Co indicated that shifting agricultural market dynamics are expected to lead to a decline in demand for their products in 2024.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 3:06 pm

AGL

CLMT

GHRS

GYRE

HPQ

IRDM

PAGS

TCOM

VFS

U.S. stocks were up, with the Dow Jones gaining about 100 points. HP Inc. (HPQ) shares rose 3.9% after reporting quarterly results with net revenue of $13.817 billion, slightly above consensus, and adjusted EPS of $0.90, meeting expectations. The company maintained its full-year profit forecast. Other stocks that moved higher include Gyre Therapeutics (GYRE), agilon health (AGL), GH Research (GHRS), VinFast Auto (VFS), Trip.com Group (TCOM), Calumet Specialty Products Partners (CLMT), PagSeguro Digital (PAGS), and Iridium Communications (IRDM), with Iridium's CEO purchasing 28,000 shares.

Portfolio Pulse from Lisa Levin

November 22, 2023 | 3:06 pm

EIS

Israel and Hamas have reached an agreement to release around 50 hostages in exchange for 150 Palestinian prisoners, with a four-day ceasefire and potential for further releases. The deal includes pauses in fighting and drone flights. U.S. President Biden and Secretary of State Blinken welcomed the deal, emphasizing continued efforts for the release of all hostages. The UN also supports the agreement. Israeli stocks rallied, with the Tel Aviv 125 index up 1.8% and the iShares MSCI Israel ETF (EIS) closing 0.3% higher.

Portfolio Pulse from Piero Cingari

November 22, 2023 | 3:06 pm

CSTR

WTBA

CapStar Finl Hldgs (NASDAQ:CSTR) is distributing a dividend of $0.11 per share today, with an annualized yield of 2.94%. The dividend went ex-dividend on November 7, 2023. CapStar has shown a positive trend in dividend per share from $0.19 in 2019 to $0.36 in 2022, and earnings per share growth from $1.35 to $1.86 over the same period. The company's financial health appears strong, with consistent dividend increases and earnings growth. West Bancorp (NASDAQ:WTBA) has the highest annualized dividend yield among peers at 5.67%.

Portfolio Pulse from Benzinga Insights

November 22, 2023 | 3:05 pm

AB

FSK

AllianceBernstein Holding (NYSE:AB) is distributing a dividend of $0.65 per share today, with an annualized yield of 9.15%. Shareholders as of November 3, 2023, are eligible. The company's dividend per share has increased from $2.32 in 2019 to $3.54 in 2022, alongside a rise in earnings per share, indicating strong financial health and commitment to shareholder value. AB's dividend yield is moderate compared to its peer FS KKR Capital (NYSE:FSK), which has a yield of 14.16%.

Portfolio Pulse from Benzinga Insights

November 22, 2023 | 3:05 pm

CLPR

Clipper Realty (NYSE:CLPR) is set to distribute a quarterly dividend of $0.10 per share on November 22, 2023, with an annualized yield of 8.14%. The ex-dividend date is November 13, 2023. Despite a stable dividend per share of $0.38 from 2019 to 2022, the company's earnings per share decreased from $0.50 in 2019 to $0.44 in 2022, raising concerns about its financial health and future dividend sustainability.

Portfolio Pulse from Benzinga Insights

November 22, 2023 | 3:05 pm

PFSI

PennyMac Financial Servs (NYSE:PFSI) is set to distribute a dividend of $0.20 per share with an annualized yield of 1.27%. The ex-dividend date was November 10, 2023. The company has shown growth in dividend per share from $0.54 in 2020 to $0.80 in 2022, and earnings per share increased from $3.53 to $10.47 over the same period, indicating strong financial health and potential to sustain dividends.

Portfolio Pulse from Benzinga Insights

November 22, 2023 | 3:05 pm