Leidos Holdings, Inc. (NYSE:LDOS) Declares Quarterly Dividend of $0.43

Leidos Holdings, Inc. (NYSE:LDOS) declared a quarterly dividend on Friday, July 31st. Investors of record on Tuesday, September 15th will be given a dividend of 0.43 per share by the aerospace company on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 1.3%. The ex-dividend date is Tuesday, September 15th.

Leidos has increased its dividend by an average of 0.0%annually over the last three years and has raised its dividend annually for the last 6 consecutive years. Leidos has a dividend payout ratio of 14.8% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Leidos to earn $12.62 per share next year, which means the company should continue to be able to cover its $1.72 annual dividend with an expected future payout ratio of 13.6%.

Leidos Price Performance

LDOS traded down $0.63 during trading on Friday, reaching $128.92. 1,226,374 shares of the stock were exchanged, compared to its average volume of 1,085,278. The business’s 50 day moving average price is $125.65 and its two-hundred day moving average price is $136.33. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.63 and a quick ratio of 1.60. The company has a market capitalization of $16.18 billion, a price-to-earnings ratio of 12.03, a P/E/G ratio of 1.44 and a beta of 0.56. Leidos has a 1 year low of $98.86 and a 1 year high of $205.77.

Leidos (NYSE:LDOS) last announced its quarterly earnings results on Tuesday, August 4th. The aerospace company reported $3.26 earnings per share for the quarter, beating analysts’ consensus estimates of $2.91 by $0.35. The business had revenue of $4.56 billion during the quarter, compared to analysts’ expectations of $4.44 billion. Leidos had a return on equity of 30.81% and a net margin of 7.80%.The business’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter last year, the business posted $3.21 earnings per share. Leidos has set its FY 2026 guidance at 12.200-12.500 EPS. As a group, equities research analysts anticipate that Leidos will post 12.28 earnings per share for the current year.

Leidos announced that its Board of Directors has approved a share buyback plan on Friday, July 31st that allows the company to repurchase 20,000,000 outstanding shares. This repurchase authorization allows the aerospace company to repurchase shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company’s management believes its shares are undervalued.

Leidos Company Profile

Leidos Holdings, Inc (NYSE: LDOS) is a technology, engineering and services company that supports government and commercial customers in the defense, intelligence, civil and health markets. The company provides mission-critical solutions involving information technology, cybersecurity, data analytics, artificial intelligence, systems integration, engineering and scientific research.

Its defense and intelligence activities include command-and-control systems, mission software, surveillance and reconnaissance solutions, logistics, aircraft and weapons systems support, and national security services.