Leidos Holdings, Inc. (NYSE:LDOS) Plans Quarterly Dividend of $0.43

Leidos Holdings, Inc. (NYSE:LDOS) declared a quarterly dividend on Friday, May 1st. Investors of record on Monday, June 15th will be paid a dividend of 0.43 per share by the aerospace company on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Monday, June 15th.

Leidos has raised its dividend by an average of 0.0%annually over the last three years and has increased its dividend every year for the last 6 years. Leidos has a dividend payout ratio of 14.8% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Leidos to earn $12.97 per share next year, which means the company should continue to be able to cover its $1.72 annual dividend with an expected future payout ratio of 13.3%.

Leidos Trading Down 0.0%

NYSE:LDOS traded down $0.03 during trading hours on Friday, reaching $122.05. The company’s stock had a trading volume of 1,198,359 shares, compared to its average volume of 1,161,002. The firm has a market capitalization of $15.35 billion, a price-to-earnings ratio of 11.18, a PEG ratio of 1.55 and a beta of 0.50. The firm has a 50-day simple moving average of $137.96 and a 200-day simple moving average of $166.31. Leidos has a 1 year low of $121.20 and a 1 year high of $205.77. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.29 and a current ratio of 1.40.

Leidos (NYSE:LDOS) last issued its earnings results on Tuesday, May 5th. The aerospace company reported $3.13 EPS for the quarter, topping analysts’ consensus estimates of $2.88 by $0.25. The company had revenue of $4.40 billion for the quarter, compared to analysts’ expectations of $4.28 billion. Leidos had a net margin of 8.15% and a return on equity of 31.92%. The firm’s revenue was up 3.7% compared to the same quarter last year. During the same quarter last year, the company earned $2.97 EPS. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. Research analysts expect that Leidos will post 12.25 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently commented on LDOS. Stifel Nicolaus decreased their target price on shares of Leidos from $205.00 to $193.00 and set a “hold” rating on the stock in a research report on Wednesday, May 6th. Weiss Ratings lowered shares of Leidos from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday. BNP Paribas Exane assumed coverage on shares of Leidos in a report on Wednesday, May 27th. They issued an “outperform” rating and a $165.00 price target on the stock. Truist Financial cut their price target on shares of Leidos from $220.00 to $195.00 and set a “buy” rating on the stock in a report on Monday, April 20th. Finally, Argus raised shares of Leidos to a “strong-buy” rating in a report on Tuesday, March 31st. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Leidos currently has a consensus rating of “Moderate Buy” and an average target price of $187.50.

Leidos Company Profile

Leidos is an American technology and engineering company that provides services and solutions to government and commercial customers, with a strong focus on national security, defense, intelligence, and civil government markets. The company delivers systems integration, engineering, cybersecurity, software development, data analytics, cloud migration and managed IT services, as well as mission support for complex programs. Leidos’ work spans areas such as C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance), secure communications, sensors and systems engineering, and health IT solutions for public-sector healthcare programs.

Leidos traces its corporate roots to Science Applications International Corporation (SAIC) and emerged as an independent, publicly traded company following a corporate separation in 2013.