TransUnion (NYSE:TRU – Get Free Report) announced a quarterly dividend on Wednesday, May 13th. Stockholders of record on Wednesday, May 27th will be paid a dividend of 0.125 per share by the business services provider on Thursday, June 11th. This represents a c) dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Wednesday, May 27th.
TransUnion has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 1 years. TransUnion has a payout ratio of 10.5% meaning its dividend is sufficiently covered by earnings. Analysts expect TransUnion to earn $4.94 per share next year, which means the company should continue to be able to cover its $0.50 annual dividend with an expected future payout ratio of 10.1%.
TransUnion Stock Performance
Shares of NYSE TRU opened at $66.28 on Friday. The firm has a fifty day moving average price of $71.49 and a 200-day moving average price of $77.89. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.93 and a quick ratio of 1.93. The stock has a market cap of $12.78 billion, a PE ratio of 18.36, a price-to-earnings-growth ratio of 1.17 and a beta of 1.57. TransUnion has a 1 year low of $65.24 and a 1 year high of $99.39.
Analyst Upgrades and Downgrades
A number of equities analysts recently weighed in on TRU shares. Needham & Company LLC restated a “buy” rating and set a $95.00 target price on shares of TransUnion in a research report on Wednesday, April 29th. Weiss Ratings lowered shares of TransUnion from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, May 8th. Barclays dropped their target price on shares of TransUnion from $95.00 to $80.00 and set an “equal weight” rating for the company in a research report on Friday, February 13th. Morgan Stanley lowered their price objective on shares of TransUnion from $105.00 to $100.00 and set an “overweight” rating for the company in a research report on Wednesday, March 11th. Finally, The Goldman Sachs Group reduced their target price on shares of TransUnion from $92.00 to $80.00 and set a “neutral” rating on the stock in a research note on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, TransUnion currently has an average rating of “Moderate Buy” and an average target price of $91.47.
View Our Latest Research Report on TRU
TransUnion Company Profile
TransUnion is a global information and insights company that helps businesses and consumers make critical decisions using data and analytics. As one of the three major credit bureaus in the United States, TransUnion collects and aggregates credit information on individuals and businesses, providing credit reports, risk scores and portfolio management tools to financial institutions, lenders, landlords and other decision makers. Its consumer-facing products enable individuals to monitor credit status, detect identity theft and access personalized financial insights.
The company’s offerings span credit risk assessment, identity management, fraud prevention and marketing solutions.
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