EXCO Resources (NYSE:XCO) declared a quarterly dividend on Friday, March 1st. Shareholders of record on Friday, March 15th will be given a dividend of $0.05 per share on Friday, March 29th. This represents a $0.20 dividend on an annualized basis and a yield of 3.01%.
A number of research firms have also recently commented on XCO. Analysts at KeyBanc reiterated a “hold” rating on shares of EXCO Resources in a research note to investors on Wednesday, January 23rd. They now have a $10.00 price target on the stock.
One equities research analyst has rated the stock with an overweight rating, ten have assigned a hold rating, and one has assigned a sell rating to the company. The stock has a consensus rating of “hold” and a consensus target price of $6.56.
Shares of EXCO Resources (XCO) opened at 6.64 on Friday. EXCO Resources (XCO) has a one year low of $5.65 and a one year high of $9.08. The stock’s 50-day moving average is currently $6.53. The company’s market cap is $1.426 billion.
EXCO Resources last issued its quarterly earnings data on Wednesday, February 20th. The company reported $0.17 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.17. The company had revenue of $192.00 million for the quarter, compared to the consensus estimate of $181.93 million. During the same quarter last year, the company posted $0.09 earnings per share. EXCO Resources’s revenue was down 16.9% compared to the same quarter last year. Analysts expect that EXCO Resources (XCO) will post $0.32 EPS for the current fiscal year.
EXCO Resources, Inc. (EXCO) is an independent oil and natural gas company engaged in the exploration, exploitation, development and production of onshore North American oil and natural gas properties.
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