TransUnion (NYSE:TRU) announced a quarterly dividend on Wednesday, November 11th, Zacks reports. Shareholders of record on Wednesday, November 25th will be paid a dividend of 0.075 per share by the business services provider on Thursday, December 10th. This represents a $0.30 annualized dividend and a yield of 0.32%. The ex-dividend date of this dividend is Tuesday, November 24th.

TransUnion has a dividend payout ratio of 10.1% indicating that its dividend is sufficiently covered by earnings. Analysts expect TransUnion to earn $3.01 per share next year, which means the company should continue to be able to cover its $0.30 annual dividend with an expected future payout ratio of 10.0%.

Shares of TRU opened at $94.39 on Friday. The business’s fifty day simple moving average is $87.54 and its two-hundred day simple moving average is $85.97. The company has a current ratio of 1.83, a quick ratio of 1.83 and a debt-to-equity ratio of 1.60. TransUnion has a 12 month low of $52.50 and a 12 month high of $101.16. The company has a market cap of $17.96 billion, a price-to-earnings ratio of 57.55, a P/E/G ratio of 2.25 and a beta of 1.15.

TransUnion (NYSE:TRU) last issued its earnings results on Tuesday, October 27th. The business services provider reported $0.81 EPS for the quarter, beating the consensus estimate of $0.69 by $0.12. TransUnion had a return on equity of 23.04% and a net margin of 11.62%. The business had revenue of $695.90 million for the quarter, compared to the consensus estimate of $682.24 million. During the same period last year, the business posted $0.76 EPS. The company’s revenue was up 1.0% compared to the same quarter last year. As a group, research analysts forecast that TransUnion will post 2.69 EPS for the current year.

In other TransUnion news, EVP Timothy J. Martin sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, November 4th. The stock was sold at an average price of $85.00, for a total transaction of $425,000.00. Following the sale, the executive vice president now directly owns 26,129 shares of the company’s stock, valued at $2,220,965. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider David M. Neenan sold 30,000 shares of the firm’s stock in a transaction dated Monday, November 9th. The shares were sold at an average price of $94.00, for a total value of $2,820,000.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 67,414 shares of company stock worth $6,154,272. 0.38% of the stock is owned by insiders.

A number of equities analysts have recently issued reports on the company. Truist dropped their price target on TransUnion from $110.00 to $100.00 in a research note on Wednesday, October 28th. Stifel Nicolaus raised their price target on TransUnion from $102.00 to $104.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Morgan Stanley raised their price target on TransUnion from $106.00 to $108.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 20th. Exane BNP Paribas upgraded TransUnion from a “neutral” rating to an “outperform” rating and set a $100.00 price target on the stock in a research note on Thursday, October 8th. Finally, Credit Suisse Group restated a “hold” rating on shares of TransUnion in a research note on Tuesday, August 11th. Two investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. TransUnion has a consensus rating of “Buy” and an average target price of $98.69.

About TransUnion

TransUnion provides risk and information solutions. The company operates in three segments: U.S. Markets, International, and Consumer Interactive. The U.S. Markets segment provides consumer reports, actionable insights, and analytics, such as credit and other scores, as well as decisioning services for businesses.

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Dividend History for TransUnion (NYSE:TRU)

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