eBay Inc. Plans Quarterly Dividend of $0.31 (NASDAQ:EBAY)

eBay Inc. (NASDAQ:EBAY) declared a quarterly dividend on Wednesday, August 5th. Shareholders of record on Friday, August 28th will be given a dividend of 0.31 per share by the e-commerce company on Friday, September 11th. This represents a c) annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Friday, August 28th.

eBay has raised its dividend by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 7 consecutive years. eBay has a payout ratio of 21.5% indicating that its dividend is sufficiently covered by earnings. Research analysts expect eBay to earn $5.41 per share next year, which means the company should continue to be able to cover its $1.24 annual dividend with an expected future payout ratio of 22.9%.

eBay Trading Up 1.4%

EBAY stock opened at $111.15 on Thursday. The stock has a market capitalization of $49.35 billion, a price-to-earnings ratio of 25.20, a price-to-earnings-growth ratio of 2.41 and a beta of 1.37. The firm’s fifty day simple moving average is $111.10 and its two-hundred day simple moving average is $101.39. eBay has a twelve month low of $78.03 and a twelve month high of $119.31. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.36.

eBay (NASDAQ:EBAY) last released its earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 earnings per share for the quarter, topping analysts’ consensus estimates of $1.50 by $0.10. The business had revenue of $3.13 billion for the quarter, compared to analyst estimates of $3.02 billion. eBay had a return on equity of 46.11% and a net margin of 17.58%.The business’s revenue was up 14.8% compared to the same quarter last year. During the same quarter last year, the firm posted $1.37 earnings per share. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. As a group, analysts anticipate that eBay will post 4.89 earnings per share for the current year.

Analysts Set New Price Targets

EBAY has been the topic of several analyst reports. TD Cowen lifted their target price on eBay from $87.00 to $88.00 and gave the company a “hold” rating in a research note on Friday, May 1st. Barclays reaffirmed an “overweight” rating on shares of eBay in a report on Thursday. Citizens Jmp lowered eBay from an “outperform” rating to a “market perform” rating in a report on Tuesday. Bank of America upped their price objective on shares of eBay from $102.00 to $110.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 21st. Finally, Citigroup reissued an “outperform” rating on shares of eBay in a research note on Tuesday, July 14th. Thirteen research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $113.52.

eBay Company Profile

eBay Inc is a global e-commerce company that operates an online marketplace connecting individual consumers and businesses for the sale and purchase of new, used and collectible goods. Founded in 1995 by Pierre Omidyar and headquartered in San Jose, California, eBay grew from its early auction-style site into a diversified platform offering both auction-format listings and fixed-price “Buy It Now” transactions. The company completed an initial public offering in the late 1990s and has since evolved its platform and services to support a broad range of product categories and buyer preferences.

The company’s core business centers on its marketplace platform, which provides listing, search and transaction capabilities for millions of items across consumer goods, electronics, fashion, collectibles and more.