Ball Corporation (BALL) to Issue Quarterly Dividend of $0.20 on June 15th

Ball Corporation (NYSE:BALL) declared a quarterly dividend on Wednesday, April 29th. Investors of record on Monday, June 1st will be paid a dividend of 0.20 per share on Monday, June 15th. This represents a c) annualized dividend and a yield of 1.5%. The ex-dividend date is Monday, June 1st.

Ball has increased its dividend payment by an average of 0.1%annually over the last three years. Ball has a dividend payout ratio of 20.1% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Ball to earn $4.54 per share next year, which means the company should continue to be able to cover its $0.80 annual dividend with an expected future payout ratio of 17.6%.

Ball Stock Performance

Shares of BALL opened at $54.53 on Friday. The business’s fifty day moving average price is $59.40 and its 200 day moving average price is $57.45. Ball has a 12-month low of $44.83 and a 12-month high of $68.29. The stock has a market capitalization of $14.52 billion, a PE ratio of 15.76, a price-to-earnings-growth ratio of 1.10 and a beta of 1.06. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.12 and a quick ratio of 0.72.

Ball (NYSE:BALL) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.09. Ball had a return on equity of 18.69% and a net margin of 6.86%.The firm had revenue of $3.60 billion for the quarter, compared to analysts’ expectations of $3.34 billion. During the same period last year, the business posted $0.76 earnings per share. The firm’s revenue for the quarter was up 16.3% on a year-over-year basis. Ball has set its FY 2026 guidance at 3.930- EPS. Equities research analysts forecast that Ball will post 3.99 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have weighed in on BALL shares. Wells Fargo & Company increased their target price on Ball from $70.00 to $71.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. UBS Group dropped their target price on Ball from $66.00 to $64.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Ball in a research report on Friday, April 17th. Citigroup dropped their target price on Ball from $74.00 to $73.00 and set a “buy” rating on the stock in a research report on Monday, April 13th. Finally, Deutsche Bank Aktiengesellschaft started coverage on Ball in a research report on Wednesday, April 1st. They issued a “buy” rating and a $72.00 target price on the stock. Ten analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, Ball presently has an average rating of “Moderate Buy” and a consensus price target of $69.54.

Ball Company Profile

Ball Corporation is a leading provider of sustainable aluminum packaging solutions and advanced aerospace technologies. Headquartered in Broomfield, Colorado, the company serves customers in the beverage, food and aerosol markets through a global network of manufacturing facilities. With an emphasis on sustainability and innovation, Ball designs and produces metal cans, bottles and ends that support recycling and reduce environmental impact.

The company’s packaging segment specializes in beverage cans for soft drinks, beer and energy drinks, as well as metal packaging for food and personal care applications.