Streetbeat News

Stock Prices

CVS

Cantor Fitzgerald analyst Sarah James has reiterated an Overweight rating on CVS Health (NYSE:CVS) with a maintained price target of $87.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 3:11 pm

LQR

LQR House Inc. (NASDAQ:LQR) has announced a proposed 60-for-1 reverse stock split, subject to NASDAQ approval, to maintain NASDAQ compliance. The split will affect common stock and derivatives like options and warrants. No fractional shares will be issued, with fractions rounded down. The company is also continuing its repurchase program to buy back up to 2,000,000 shares, taking advantage of the current stock price discount.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 3:09 pm

BURL

Burlington Stores (NYSE:BURL) reported Q3 adjusted earnings of $1.10 per share, surpassing the consensus estimate of $0.99, a 155.81% increase from last year. However, sales of $2.29B fell short of the $2.31B estimate, though they were up 12.15% from the previous year.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 3:07 pm

EAF

LYTS

LSI Industries (NASDAQ:LYTS) is paying a dividend of $0.05 per share with an annualized yield of 1.34%. The ex-dividend date was November 10, 2023. The company has maintained a steady dividend per share of $0.20 from 2019 to 2022 and has seen earnings growth from $-0.01 to $0.76 per share over the same period. GrafTech International (NYSE:EAF) has the highest annualized dividend yield at 1.60% among industry peers.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 3:05 pm

CIVB

FLIC

Civista Bancshares (NASDAQ:CIVB) is issuing a dividend of $0.16 per share with an annualized yield of 4.25%. The ex-dividend date was November 6, 2023, and the dividend is payable on November 21, 2023. The company has shown a positive trend in dividend per share growth from $0.42 in 2019 to $0.56 in 2022, and earnings per share growth from $2.03 to $2.55 over the same period. Civista Bancshares' dividend yield is moderate compared to its industry peers, with First of Long Island (NASDAQ:FLIC) having a higher yield at 7.19%.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 3:05 pm

HSII

MAN

Heidrick & Struggles Intl (NASDAQ:HSII) will pay a dividend of $0.15 per share on November 21, 2023, with an annualized yield of 2.61%. The ex-dividend date is November 06, 2023. The company has maintained a steady dividend since 2019 and has shown earnings growth from $2.63 per share in 2019 to $4.11 in 2022, indicating financial health and potential for future dividend increases. ManpowerGroup (NYSE:MAN) has a higher dividend yield at 3.85%.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 3:05 pm

HTBK

Heritage Commerce (NASDAQ:HTBK) is distributing a dividend of $0.13 per share today, with an annualized yield of 6.52%. Despite a decrease in earnings per share from $1.10 in 2019 to $0.98 in 2022, the company has increased its dividend per share from $0.48 to $0.52 during the same period. This suggests a focus on maintaining dividends for income-seeking investors, despite reduced profitability. Investors should watch future financials and dividend changes closely.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 3:05 pm

EMXC

INVH

SBRA

TW

On CNBC's 'Halftime Report Final Trades,' analysts provided their insights on several stocks. Josh Brown of Ritholtz Wealth Management recommended staying long on Invitation Homes Inc. (INVH), citing better-than-expected sales and updated FY23 core FFO per share guidance. Jenny Harrington of Gilman Hill Asset Management highlighted Sabra Health Care REIT, Inc. (SBRA) for its 8.5% dividend yield after reporting strong sales. Liz Young of BNY Mellon Investment Management chose iShares MSCI Emerging Markets ex China ETF (EMXC) as her final trade. Joseph Terranova of Virtus Investment Partners selected Tradeweb Markets Inc. (TW), which recently announced an acquisition of r8fin. INVH shares slightly fell, SBRA shares rose, TW closed at $93.42, and EMXC ETF rose 0.9% in Monday's session.

Portfolio Pulse from Lisa Levin

November 21, 2023 | 3:05 pm

TCMD

Senator Tina Smith reported purchasing $100,001 - $250,000 worth of Tactile Systems Tech (NASDAQ:TCMD) stock on November 20, 2023. The STOCK Act prohibits using private information for personal gain and requires Congress members to disclose transactions. TCMD shares rose 2.53% to $12.96 following the news.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 3:05 pm

HY

KMT

Kennametal (NYSE:KMT) has issued a dividend payout of $0.20 per share with an annualized yield of 3.53%. The dividend is consistent with previous quarters, maintaining a $0.80 annual payout since 2019. However, Kennametal's earnings per share have decreased from $2.49 in 2019 to $1.69 in 2022, raising concerns about the company's profitability and future dividend sustainability. Kennametal leads its industry peers in dividend yield, with Hyster-Yale Materials (NYSE:HY) having the next highest yield at 2.79%.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 3:05 pm