Arcosa Inc (NYSE:ACA) announced a quarterly dividend on Wednesday, May 8th, Wall Street Journal reports. Stockholders of record on Monday, July 15th will be paid a dividend of 0.05 per share on Wednesday, July 31st. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.55%. The ex-dividend date of this dividend is Friday, July 12th.

Arcosa has a payout ratio of 10.6% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Arcosa to earn $2.53 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 7.9%.

Shares of ACA opened at $36.41 on Thursday. Arcosa has a twelve month low of $21.00 and a twelve month high of $39.74. The firm has a fifty day moving average price of $36.29. The firm has a market cap of $1.80 billion and a price-to-earnings ratio of 20.01. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.51 and a quick ratio of 1.41.

Arcosa (NYSE:ACA) last announced its quarterly earnings data on Thursday, May 2nd. The company reported $0.58 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.32 by $0.26. The firm had revenue of $410.90 million during the quarter, compared to analyst estimates of $392.16 million. During the same quarter in the previous year, the business posted $0.45 earnings per share. Arcosa’s revenue for the quarter was up 15.9% compared to the same quarter last year. Equities research analysts expect that Arcosa will post 2.08 EPS for the current year.

In related news, insider Valueact Capital Master Fund, sold 1,500,000 shares of the stock in a transaction on Wednesday, June 12th. The shares were sold at an average price of $36.03, for a total value of $54,045,000.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.37% of the company’s stock.

A number of equities research analysts have recently weighed in on the stock. DA Davidson assumed coverage on shares of Arcosa in a report on Thursday, March 21st. They issued a “buy” rating and a $29.74 price objective on the stock. Zacks Investment Research downgraded shares of GENEL ENERGY PL/ADR from a “buy” rating to a “hold” rating in a research report on Tuesday, May 7th. Finally, Stephens began coverage on shares of Arcosa in a research report on Monday, March 18th. They issued an “equal weight” rating on the stock. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. Arcosa presently has an average rating of “Buy” and an average target price of $39.95.

Arcosa Company Profile

Arcosa, Inc manufactures and sells infrastructure-related products and services for the construction, energy, and transportation markets. It operates through three segments: Construction Products Group, Energy Equipment Group, and Transportation Products Group. The Construction Products Group segment offers lightweight and natural construction aggregates, and trench shields and shoring products that are used in construction landscape, including commercial, industrial, road and bridge, and underground construction.

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