Graham (GHC) Set to Announce Earnings on Wednesday

Graham (NYSE:GHC) will release its earnings data before the market opens on Wednesday, July 31st.

Graham (NYSE:GHC) last released its quarterly earnings results on Wednesday, May 1st. The company reported $11.24 EPS for the quarter. The company had revenue of $1.15 billion during the quarter. Graham had a return on equity of 5.39% and a net margin of 6.12%.

Graham Trading Down 0.8 %

GHC opened at $812.05 on Tuesday. The firm has a market cap of $3.61 billion, a P/E ratio of 13.46 and a beta of 1.12. Graham has a 12 month low of $563.39 and a 12 month high of $822.18. The company has a current ratio of 1.57, a quick ratio of 1.31 and a debt-to-equity ratio of 0.18. The stock has a 50-day moving average of $733.26 and a 200 day moving average of $729.37.

Graham Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 8th. Investors of record on Thursday, July 18th will be given a $1.72 dividend. The ex-dividend date of this dividend is Thursday, July 18th. This represents a $6.88 annualized dividend and a yield of 0.85%. Graham’s dividend payout ratio is currently 11.41%.

Insiders Place Their Bets

In other news, Director Anne M. Mulcahy acquired 135 shares of the firm’s stock in a transaction on Tuesday, May 28th. The stock was acquired at an average price of $745.07 per share, with a total value of $100,584.45. Following the completion of the purchase, the director now directly owns 662 shares in the company, valued at $493,236.34. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 20.50% of the stock is owned by insiders.

Analyst Ratings Changes

Separately, StockNews.com upgraded Graham from a “hold” rating to a “buy” rating in a research report on Wednesday, June 12th.

About Graham

Graham Holdings Company, through its subsidiaries, operates as a diversified education and media company in the United States and internationally. It provides test preparation services and materials; professional training and exam preparation for professional certifications and licensures; and non-academic operations support services to the Purdue University Global; operations support services for online courses and programs; training and test preparation services for accounting and financial services professionals; English-language training, academic preparation programs, and test preparation for English proficiency exams; and A-level examination preparation services, as well as operates colleges, business school, higher education institution, and an online learning institution.