Ryanair Holdings plc (NASDAQ:RYAAY) Plans $0.47 — Dividend

Ryanair Holdings plc (NASDAQ:RYAAY) announced a — dividend on Monday, December 16th,Wall Street Journal reports. Stockholders of record on Friday, January 17th will be given a dividend of 0.4677 per share by the transportation company on Monday, March 10th. This represents a dividend yield of 4.2%. The ex-dividend date is Friday, January 17th.

Ryanair Trading Up 1.6 %

Shares of RYAAY opened at $45.43 on Wednesday. Ryanair has a one year low of $36.96 and a one year high of $60.29. The stock has a 50-day moving average price of $44.89 and a 200 day moving average price of $84.45. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.81 and a current ratio of 0.81. The company has a market capitalization of $24.62 billion, a P/E ratio of 15.14, a P/E/G ratio of 2.62 and a beta of 1.51.

Ryanair (NASDAQ:RYAAY) last released its quarterly earnings results on Monday, November 4th. The transportation company reported $2.82 earnings per share for the quarter, missing analysts’ consensus estimates of $2.91 by ($0.09). Ryanair had a return on equity of 19.92% and a net margin of 11.38%. The company had revenue of $5.57 billion for the quarter, compared to analyst estimates of $5.59 billion. During the same period in the previous year, the business posted $2.88 EPS. Sell-side analysts forecast that Ryanair will post 2.97 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on RYAAY shares. Sanford C. Bernstein reduced their price target on shares of Ryanair from $149.00 to $147.00 and set an “outperform” rating on the stock in a research report on Thursday, August 29th. Barclays raised Ryanair from an “equal weight” rating to an “overweight” rating in a research report on Friday, October 25th. UBS Group raised shares of Ryanair from a “hold” rating to a “strong-buy” rating in a report on Monday, November 11th. Finally, StockNews.com upgraded shares of Ryanair from a “hold” rating to a “buy” rating in a research report on Thursday, November 14th. Four equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and four have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $154.67.

About Ryanair

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, and internationally. It is also involved in the provision of various ancillary services, such as non-flight scheduled and Internet-related services, as well as in-flight sale of beverages, food, duty-free, and merchandise; and markets car hire, travel insurance, and accommodation services through its website and mobile app.