SIGA Technologies, Inc. (NASDAQ:SIGA) Declares Dividend of $0.45

SIGA Technologies, Inc. (NASDAQ:SIGAGet Rating) announced a dividend on Thursday, May 5th, Fidelity reports. Investors of record on Tuesday, May 17th will be paid a dividend of 0.45 per share on Thursday, June 2nd. The ex-dividend date is Monday, May 16th.

Shares of NASDAQ:SIGA opened at $7.46 on Friday. The company has a market capitalization of $540.18 million, a P/E ratio of 8.02 and a beta of 0.50. SIGA Technologies has a 1 year low of $5.66 and a 1 year high of $9.82. The business’s 50 day simple moving average is $7.09 and its 200 day simple moving average is $7.15.

SIGA Technologies (NASDAQ:SIGAGet Rating) last issued its quarterly earnings results on Thursday, March 3rd. The company reported $0.98 earnings per share (EPS) for the quarter. The business had revenue of $115.40 million for the quarter. SIGA Technologies had a return on equity of 49.45% and a net margin of 50.13%. Sell-side analysts predict that SIGA Technologies will post 0.67 EPS for the current fiscal year.

Several hedge funds have recently modified their holdings of SIGA. Charles Schwab Investment Management Inc. boosted its holdings in shares of SIGA Technologies by 3.1% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 126,333 shares of the company’s stock valued at $896,000 after acquiring an additional 3,804 shares in the last quarter. Lazard Asset Management LLC boosted its holdings in shares of SIGA Technologies by 3,193.2% during the 1st quarter. Lazard Asset Management LLC now owns 16,005 shares of the company’s stock valued at $113,000 after acquiring an additional 15,519 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of SIGA Technologies by 4.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 952,634 shares of the company’s stock valued at $6,755,000 after acquiring an additional 44,801 shares in the last quarter. MetLife Investment Management LLC boosted its holdings in shares of SIGA Technologies by 55.7% during the 1st quarter. MetLife Investment Management LLC now owns 28,561 shares of the company’s stock valued at $202,000 after acquiring an additional 10,222 shares in the last quarter. Finally, American Century Companies Inc. boosted its holdings in shares of SIGA Technologies by 39.1% during the 1st quarter. American Century Companies Inc. now owns 87,308 shares of the company’s stock valued at $619,000 after acquiring an additional 24,550 shares in the last quarter. 34.52% of the stock is currently owned by hedge funds and other institutional investors.

SIGA has been the topic of a number of analyst reports. TheStreet raised SIGA Technologies from a “c+” rating to a “b” rating in a research report on Monday, April 18th. Zacks Investment Research raised SIGA Technologies from a “sell” rating to a “hold” rating in a report on Friday.

SIGA Technologies Company Profile (Get Rating)

SIGA Technologies, Inc, a commercial-stage pharmaceutical company, focuses on the health security and infectious disease markets in the United States. Its lead product is TPOXX, an oral formulation antiviral drug for the treatment of human smallpox disease caused by variola virus. SIGA Technologies, Inc has a strategic partnership with Cipla Therapeutics to deliver sustained innovation and access to antibacterial drugs primarily against biothreats.

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