Wall Street analysts expect Motorola Solutions Inc (NYSE:MSI) to report $2.79 earnings per share (EPS) for the current quarter, according to Zacks. Five analysts have issued estimates for Motorola Solutions’ earnings. The lowest EPS estimate is $2.77 and the highest is $2.81. Motorola Solutions reported earnings of $2.63 per share in the same quarter last year, which would suggest a positive year-over-year growth rate of 6.1%. The business is expected to report its next quarterly earnings results on Thursday, February 6th.

According to Zacks, analysts expect that Motorola Solutions will report full-year earnings of $7.80 per share for the current financial year, with EPS estimates ranging from $7.78 to $7.83. For the next fiscal year, analysts expect that the firm will report earnings of $8.54 per share, with EPS estimates ranging from $8.28 to $8.76. Zacks’ earnings per share averages are a mean average based on a survey of analysts that follow Motorola Solutions.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Wednesday, October 30th. The communications equipment provider reported $2.04 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.95 by $0.09. Motorola Solutions had a negative return on equity of 114.01% and a net margin of 13.50%. The firm had revenue of $1.99 billion during the quarter, compared to analysts’ expectations of $1.99 billion. During the same period last year, the firm posted $1.94 EPS. The business’s revenue was up 7.1% on a year-over-year basis.

A number of equities research analysts recently weighed in on the company. Gabelli raised Motorola Solutions from a “hold” rating to a “buy” rating in a report on Friday, November 1st. Zacks Investment Research raised Motorola Solutions from a “sell” rating to a “hold” rating and set a $169.00 price target for the company in a report on Monday, December 23rd. Deutsche Bank raised their price target on Motorola Solutions from $180.00 to $195.00 and gave the company a “buy” rating in a report on Tuesday, October 22nd. ValuEngine cut Motorola Solutions from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. Finally, MKM Partners dropped their price target on Motorola Solutions from $170.00 to $167.00 and set a “neutral” rating for the company in a report on Thursday, December 5th. One research analyst has rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $179.88.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in MSI. BlackRock Inc. grew its stake in shares of Motorola Solutions by 2.8% during the second quarter. BlackRock Inc. now owns 18,559,331 shares of the communications equipment provider’s stock worth $3,094,399,000 after purchasing an additional 502,772 shares during the period. California Public Employees Retirement System grew its stake in shares of Motorola Solutions by 18.0% during the second quarter. California Public Employees Retirement System now owns 1,259,217 shares of the communications equipment provider’s stock worth $209,949,000 after purchasing an additional 191,661 shares during the period. Scout Investments Inc. acquired a new stake in shares of Motorola Solutions during the third quarter worth $29,470,000. State Street Corp grew its stake in shares of Motorola Solutions by 1.7% during the third quarter. State Street Corp now owns 7,671,732 shares of the communications equipment provider’s stock worth $1,311,584,000 after purchasing an additional 125,120 shares during the period. Finally, Carillon Tower Advisers Inc. acquired a new stake in shares of Motorola Solutions during the third quarter worth $20,147,000. 86.87% of the stock is owned by institutional investors.

MSI stock opened at $178.02 on Friday. The business has a fifty day moving average price of $165.06 and a 200 day moving average price of $168.55. Motorola Solutions has a fifty-two week low of $113.70 and a fifty-two week high of $182.28. The stock has a market capitalization of $30.45 billion, a price-to-earnings ratio of 29.72, a P/E/G ratio of 2.60 and a beta of 0.56.

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were paid a $0.64 dividend. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.57. This represents a $2.56 annualized dividend and a dividend yield of 1.44%. The ex-dividend date of this dividend was Thursday, December 12th. Motorola Solutions’s dividend payout ratio (DPR) is 37.48%.

Motorola Solutions Company Profile

Motorola Solutions, Inc provides mission-critical communication solutions the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Services and Software. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video solutions, as well as the implementation, optimization, and integration of networks, devices, software, and applications for government, public safety and first-responder agencies, municipalities, and commercial and industrial customers.

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