Alliance Data Systems Corporation (ADS) to Issue Quarterly Dividend of $0.52 on December 19th
Alliance Data Systems Corporation (NYSE:ADS) announced a quarterly dividend on Thursday, October 19th, RTT News reports. Shareholders of record on Tuesday, November 14th will be paid a dividend of 0.52 per share by the business services provider on Tuesday, December 19th. This represents a $2.08 annualized dividend and a dividend yield of 0.91%. The ex-dividend date is Monday, November 13th.
Alliance Data Systems Corporation has a payout ratio of 12.1% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Alliance Data Systems Corporation to earn $20.13 per share next year, which means the company should continue to be able to cover its $2.08 annual dividend with an expected future payout ratio of 10.3%.
Shares of Alliance Data Systems Corporation (NYSE:ADS) opened at $229.72 on Wednesday. The company has a debt-to-equity ratio of 8.23, a current ratio of 1.78 and a quick ratio of 2.23. The firm has a market capitalization of $12,799.47, a price-to-earnings ratio of 13.71, a price-to-earnings-growth ratio of 1.00 and a beta of 1.78. Alliance Data Systems Corporation has a 1-year low of $198.06 and a 1-year high of $266.25.
Alliance Data Systems Corporation (NYSE:ADS) last issued its quarterly earnings data on Thursday, October 19th. The business services provider reported $5.35 earnings per share for the quarter, topping analysts’ consensus estimates of $4.80 by $0.55. The firm had revenue of $1.91 billion during the quarter, compared to analysts’ expectations of $1.97 billion. Alliance Data Systems Corporation had a return on equity of 62.95% and a net margin of 7.09%. The firm’s quarterly revenue was up 1.4% on a year-over-year basis. During the same period in the prior year, the business posted $4.74 EPS. sell-side analysts predict that Alliance Data Systems Corporation will post 17.12 earnings per share for the current fiscal year.
A number of equities research analysts recently weighed in on ADS shares. Argus started coverage on Alliance Data Systems Corporation in a research note on Thursday, July 13th. They set a “buy” rating and a $309.00 price objective for the company. Barclays PLC cut Alliance Data Systems Corporation from an “overweight” rating to an “equal weight” rating and decreased their price objective for the stock from $285.00 to $265.00 in a research note on Friday, July 21st. Oppenheimer Holdings, Inc. set a $208.00 price objective on Alliance Data Systems Corporation and gave the stock a “sell” rating in a research note on Thursday, October 26th. BidaskClub cut Alliance Data Systems Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, August 24th. Finally, BMO Capital Markets restated a “hold” rating and set a $235.00 price objective on shares of Alliance Data Systems Corporation in a research note on Wednesday, October 18th. Four analysts have rated the stock with a sell rating, nine have issued a hold rating and ten have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $257.00.
WARNING: This news story was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this news story on another publication, it was illegally copied and republished in violation of international copyright & trademark law. The legal version of this news story can be read at https://www.thecerbatgem.com/2017/11/08/alliance-data-systems-corporation-ads-to-issue-quarterly-dividend-of-0-52-on-december-19th.html.
Alliance Data Systems Corporation announced that its Board of Directors has authorized a share repurchase program on Thursday, July 27th that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the business services provider to repurchase shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board of directors believes its stock is undervalued.
About Alliance Data Systems Corporation
Alliance Data Systems Corporation is a provider of data-driven marketing and loyalty solutions serving consumer-based businesses in a range of industries. The Company offers a portfolio of integrated outsourced marketing solutions, including customer loyalty programs, database marketing services, end-to-end marketing services, analytics and creative services, direct marketing services, and private label and co-brand retail credit card programs.
Receive News & Stock Ratings for Alliance Data Systems Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alliance Data Systems Corporation and related stocks with our FREE daily email newsletter.