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BSRR

Sierra (NASDAQ:BSRR) has announced that it will pay shareholders a quarterly dividend of 23 cents per share. The ex-dividend date is Friday, meaning the stock will likely open 23 cents lower to reflect the payout. Shareholders who own BSRR as of the end of Thursday's session are eligible to receive the dividend, which will be paid out on August 14, 2023.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 2:45 pm

PBT

Permian Basin Royalty (NYSE:PBT) has announced a monthly dividend of 2.17 cents per share. The stock will go ex-dividend on Friday, meaning it will trade lower to reflect the payout. Shareholders who own PBT as of the end of Thursday's session are eligible to receive the dividend, which will be paid out on August 14, 2023.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 2:45 pm

AMZN

IRBT

IRobot Corp's stock is trading lower after Amazon reduced the purchase consideration for the Roomba maker's takeover by 15%. The new terms state that Amazon will pay $51.75 per share, down from $61.00 per share. iRobot has also entered into a $200 million financing facility to fund its operations. The change in price per share for Amazon is likely to be offset by the planned increase in iRobot's net debt under the new financing facility.

Portfolio Pulse from Anusuya Lahiri

July 25, 2023 | 2:44 pm

ON

ON Semiconductor shares are trading higher after Susquehanna maintained a Positive rating on the stock and raised its price target from $100 to $115.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 2:44 pm

DDS

GTIM

M

MTH

VIRC

Benzinga Insights has identified Good Times Restaurants (GTIM), Virco Mfg (VIRC), Meritage Homes (MTH), Dillard's (DDS), and Macy's (M) as notable value stocks in the consumer cyclical sector. The selection is based on low P/E multiples, indicating potential undervaluation. However, these companies have shown mixed performance in terms of earnings per share and dividend yield in recent quarters.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 2:43 pm

ONON

Shares of On Holding AG (NYSE:ONON) rose in early trading on Tuesday, with the stock up by more than 111% year to date. KeyBanc Capital Markets analyst Ashley Owens initiated coverage of On Holding with an Overweight rating and a price target of $42, stating that the company's fiscal 2023 guidance appears conservative and there is much more room for growth.

Portfolio Pulse from Priya Nigam

July 25, 2023 | 2:42 pm

CSIQ

IMMR

UMC

VECO

VSH

The article discusses value stocks in the technology sector, highlighting Canadian Solar (CSIQ), United Microelectronics (UMC), Veeco Instruments (VECO), Vishay Intertechnology (VSH), and Immersion (IMMR). These companies have low P/E multiples, indicating potential undervaluation. However, recent earnings per share and dividend yield changes vary among these companies.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 2:41 pm

AGIL

Trading of AgileThought shares has resumed.

Portfolio Pulse from Happy Mohamed

July 25, 2023 | 2:39 pm

JNVR

Trading of Janover shares was resumed but then halted again due to a circuit breaker to the upside.

Portfolio Pulse from Happy Mohamed

July 25, 2023 | 2:39 pm

SPY

IMF's Chief Economist Gourinchas has identified inflation as the biggest threat to the global economy. He also mentioned that the U.S. has a 'narrow path' to avoid this threat.

Portfolio Pulse from Happy Mohamed

July 25, 2023 | 2:38 pm