Equifax Inc. (NYSE:EFX) announced a quarterly dividend on Wednesday, February 20th, RTT News reports. Investors of record on Tuesday, March 12th will be given a dividend of 0.39 per share by the credit services provider on Friday, March 29th. This represents a $1.56 annualized dividend and a yield of 1.44%.
Equifax has raised its dividend by an average of 10.4% annually over the last three years. Equifax has a dividend payout ratio of 26.7% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Equifax to earn $5.81 per share next year, which means the company should continue to be able to cover its $1.56 annual dividend with an expected future payout ratio of 26.9%.
NYSE:EFX opened at $108.13 on Thursday. Equifax has a one year low of $88.68 and a one year high of $138.69. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.19 and a current ratio of 1.19. The stock has a market cap of $13.18 billion, a P/E ratio of 18.11, a price-to-earnings-growth ratio of 2.61 and a beta of 1.20.
Equifax (NYSE:EFX) last posted its quarterly earnings data on Wednesday, February 20th. The credit services provider reported $1.38 EPS for the quarter, topping the consensus estimate of $1.32 by $0.06. Equifax had a net margin of 13.07% and a return on equity of 21.48%. The business had revenue of $835.30 million for the quarter, compared to analyst estimates of $841.49 million. During the same quarter in the previous year, the firm posted $1.39 earnings per share. Equifax’s quarterly revenue was down .4% on a year-over-year basis. Research analysts anticipate that Equifax will post 5.72 EPS for the current fiscal year.
EFX has been the topic of several research reports. Deutsche Bank lowered shares of Equifax from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $128.00 to $110.00 in a research note on Tuesday, February 5th. They noted that the move was a valuation call. Zacks Investment Research reiterated a “sell” rating on shares of Equifax in a research note on Tuesday, November 13th. Robert W. Baird dropped their target price on shares of Equifax from $115.00 to $109.00 and set an “outperform” rating on the stock in a research note on Wednesday, December 19th. SunTrust Banks dropped their target price on shares of Equifax to $115.00 and set a “buy” rating on the stock in a research note on Tuesday, December 11th. They noted that the move was a valuation call. Finally, Wells Fargo & Co dropped their target price on shares of Equifax from $145.00 to $137.00 and set an “outperform” rating on the stock in a research note on Friday, October 26th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have assigned a buy rating to the company’s stock. Equifax currently has a consensus rating of “Hold” and an average target price of $119.90.
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Equifax Company Profile
Equifax Inc provides information solutions and human resources business process outsourcing services for businesses, governments, and consumers. The company operates through four segments: U.S. Information Solutions (USIS), International, Workforce Solutions, and Global Consumer Solutions. The USIS segment offers consumer and commercial information services, such as credit information and credit scoring, credit modeling and portfolio analytics, locate, fraud detection and prevention, identity verification, and other consulting; mortgage loan origination information; financial marketing; and identity management services.
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