Whirlpool Corporatio (NYSE:WHR) declared a quarterly dividend on Tuesday, February 19th. Investors of record on Friday, March 1st will be given a dividend of $0.50 per share on Friday, March 15th. This represents a $2.00 dividend on an annualized basis and a yield of 1.80%.
Several analysts have also recently commented on the stock. Analysts at Zacks reiterated an “outperform” rating on shares of Whirlpool Corporatio in a research note to investors on Friday. They now have a $122.00 price target on the stock. On a related note, analysts at EVA Dimensions upgraded shares of Whirlpool Corporatio to an “overweight” rating in a research note to investors on Thursday, February 7th. Finally, analysts at Raymond James downgraded shares of Whirlpool Corporatio from a “strong-buy” rating to an “outperform” rating in a research note to investors on Friday, February 1st. They now have a $125.00 price target on the stock, up previously from $120.00.
Whirlpool Corporatio (WHR) traded down 0.88% on Tuesday, hitting $110.35. Whirlpool Corporatio (WHR) has a 52-week low of $54.08 and a 52-week high of $115.67. The stock’s 50-day moving average is currently $107.. The company has a market cap of $8.718 billion and a price-to-earnings ratio of 22.00.
Whirlpool Corporatio last posted its quarterly earnings results on Thursday, January 31st. The company reported $2.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.25 by $0.04. The company had revenue of $4.79 billion for the quarter, compared to the consensus estimate of $4.88 billion. During the same quarter in the previous year, the company posted $2.62 earnings per share. The company’s revenue for the quarter was down 2.4% on a year-over-year basis. Analysts expect that Whirlpool Corporatio (WHR) will post $9.52 EPS for the current fiscal year.
Whirlpool Corporation (Whirlpool) is a manufacturer and marketer of home appliances. Whirlpool operates in four segments: North America, Latin America, EMEA (Europe, Middle East and Africa) and Asia.
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