AECOM (NYSE:ACM – Get Free Report) announced a quarterly dividend on Tuesday, November 18th. Stockholders of record on Wednesday, January 7th will be paid a dividend of 0.31 per share by the construction company on Friday, January 23rd. This represents a c) annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Wednesday, January 7th. This is a 19.2% increase from AECOM’s previous quarterly dividend of $0.26.
AECOM has a payout ratio of 18.4% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect AECOM to earn $5.65 per share next year, which means the company should continue to be able to cover its $1.04 annual dividend with an expected future payout ratio of 18.4%.
AECOM Trading Down 2.1%
Shares of ACM stock opened at $124.46 on Wednesday. The stock has a 50-day simple moving average of $130.92 and a 200 day simple moving average of $120.10. The stock has a market capitalization of $16.48 billion, a P/E ratio of 27.12, a P/E/G ratio of 1.96 and a beta of 1.06. AECOM has a fifty-two week low of $85.00 and a fifty-two week high of $135.52. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.91.
Wall Street Analysts Forecast Growth
Several research analysts have issued reports on ACM shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of AECOM in a report on Wednesday, October 8th. Wall Street Zen cut AECOM from a “buy” rating to a “hold” rating in a report on Saturday, October 11th. KeyCorp boosted their target price on AECOM from $131.00 to $144.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Truist Financial increased their price target on AECOM from $128.00 to $146.00 and gave the company a “buy” rating in a research report on Wednesday, October 8th. Finally, UBS Group lifted their price target on AECOM from $126.00 to $139.00 and gave the stock a “buy” rating in a research note on Wednesday, August 6th. Eleven analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $139.80.
Read Our Latest Stock Analysis on ACM
AECOM Company Profile
AECOM, together with its subsidiaries, provides professional infrastructure consulting services worldwide. It operates in three segments: Americas, International, and AECOM Capital. The company offers planning, consulting, architectural and engineering design, construction and program management, and investment and development services to public and private clients.
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