Leucadia National Corporation (LUK) Given $31.00 Consensus Price Target by Brokerages
Shares of Leucadia National Corporation (NYSE:LUK) have been given an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating.
Brokers have set a twelve-month consensus price objective of $31.00 for the company and are anticipating that the company will post $0.27 EPS for the current quarter, according to Zacks. Zacks has also assigned Leucadia National Corporation an industry rank of 113 out of 265 based on the ratings given to related companies.
Several research analysts have weighed in on the company. TheStreet upgraded Leucadia National Corporation from a “c+” rating to a “b-” rating in a report on Friday, November 3rd. BidaskClub lowered Leucadia National Corporation from a “sell” rating to a “strong sell” rating in a report on Friday, August 11th. Finally, Zacks Investment Research upgraded Leucadia National Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, August 22nd.
Several institutional investors have recently modified their holdings of LUK. Janus Henderson Group PLC lifted its holdings in shares of Leucadia National Corporation by 7,168.5% in the second quarter. Janus Henderson Group PLC now owns 3,320,485 shares of the conglomerate’s stock valued at $86,864,000 after purchasing an additional 3,274,802 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Leucadia National Corporation by 6.1% in the second quarter. Vanguard Group Inc. now owns 33,597,744 shares of the conglomerate’s stock valued at $878,918,000 after purchasing an additional 1,941,382 shares in the last quarter. American Century Companies Inc. bought a new stake in shares of Leucadia National Corporation in the second quarter valued at about $43,884,000. BlackRock Inc. lifted its holdings in shares of Leucadia National Corporation by 6.0% in the second quarter. BlackRock Inc. now owns 20,684,654 shares of the conglomerate’s stock valued at $541,111,000 after purchasing an additional 1,170,447 shares in the last quarter. Finally, AJO LP lifted its holdings in shares of Leucadia National Corporation by 326.7% in the second quarter. AJO LP now owns 1,277,954 shares of the conglomerate’s stock valued at $33,431,000 after purchasing an additional 978,467 shares in the last quarter. Institutional investors own 75.00% of the company’s stock.
Shares of Leucadia National Corporation (NYSE:LUK) traded down $0.33 during trading on Friday, hitting $25.32. The company had a trading volume of 1,073,200 shares, compared to its average volume of 1,576,123. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 1.02. Leucadia National Corporation has a twelve month low of $20.44 and a twelve month high of $27.33. The firm has a market capitalization of $9,138.41, a PE ratio of 16.55, a PEG ratio of 1.03 and a beta of 1.29.
Leucadia National Corporation (NYSE:LUK) last announced its quarterly earnings data on Thursday, October 26th. The conglomerate reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.10. The business had revenue of $2.90 billion during the quarter, compared to analysts’ expectations of $2.66 billion. Leucadia National Corporation had a return on equity of 5.83% and a net margin of 5.48%. Leucadia National Corporation’s revenue for the quarter was up 8.2% on a year-over-year basis. research analysts predict that Leucadia National Corporation will post 1.39 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 27th. Shareholders of record on Wednesday, December 13th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Tuesday, December 12th. This represents a $0.40 annualized dividend and a yield of 1.58%. Leucadia National Corporation’s dividend payout ratio is presently 25.81%.
About Leucadia National Corporation
Leucadia National Corporation (Leucadia) is a diversified holding company focused on return on investment and long-term value. The Company’s segments, based on requirements are Jefferies, National Beef, and Corporate and other. Jefferies is a global full-service, integrated securities and investment banking firm.
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