ManpowerGroup Inc. (NYSE:MAN) to Issue Dividend of $0.72

ManpowerGroup Inc. (NYSE:MAN) declared a dividend on Tuesday, November 10th. Stockholders of record on Tuesday, December 1st will be given a dividend of $0.72 per share by the business services provider on Tuesday, December 15th. This represents a dividend yield of 313.0%. The ex-dividend date of this dividend is Tuesday, December 1st.

ManpowerGroup has decreased its dividend payment by an average of 0.1% annually over the last three years. ManpowerGroup has a dividend payout ratio of 33.2% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect ManpowerGroup to earn $4.74 per share next year, which means the company should continue to be able to cover its $1.44 annual dividend with an expected future payout ratio of 30.4%.

ManpowerGroup Stock Performance

Shares of MAN stock traded up $0.14 during trading hours on Wednesday, hitting $46.16. 31,876 shares of the company were exchanged, compared to its average volume of 1,155,161. The firm has a fifty day simple moving average of $52.15 and a 200 day simple moving average of $40.40. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.26. ManpowerGroup has a 52-week low of $25.15 and a 52-week high of $63.88. The stock has a market capitalization of $2.15 billion, a price-to-earnings ratio of 18.22, a P/E/G ratio of 1.77 and a beta of 0.78.

ManpowerGroup (NYSE:MAN) last posted its quarterly earnings data on Thursday, October 15th. The business services provider reported $1.01 EPS for the quarter, meeting the consensus estimate of $1.01. ManpowerGroup had a return on equity of 7.78% and a net margin of 0.64%. The business had revenue of $4.84 billion for the quarter, compared to the consensus estimate of $4.86 billion. During the same quarter in the prior year, the business earned $0.83 earnings per share. ManpowerGroup’s revenue for the quarter was up 4.4% on a year-over-year basis. ManpowerGroup has set its Q4 2026 guidance at 1.030-1.13 EPS. Research analysts predict that ManpowerGroup will post 3.60 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have issued reports on the company. Truist Financial boosted their target price on ManpowerGroup from $34.00 to $50.00 and gave the company a “hold” rating in a research note on Friday, July 17th. BNP Paribas Exane downgraded shares of ManpowerGroup from an “outperform” rating to a “neutral” rating and set a $52.50 price objective on the stock. in a report on Tuesday, November 3rd. Zacks Research lowered shares of ManpowerGroup from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 20th. BMO Capital Markets reduced their target price on shares of ManpowerGroup from $63.00 to $58.00 and set an “outperform” rating for the company in a research note on Monday, October 19th. Finally, Robert W. Baird lowered their price target on shares of ManpowerGroup from $72.00 to $65.00 and set an “outperform” rating on the stock in a research report on Friday, October 16th. Three equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, ManpowerGroup presently has a consensus rating of “Hold” and a consensus price target of $51.39.

ManpowerGroup Company Profile

ManpowerGroup Inc. is a global workforce solutions company that helps organizations find, manage and develop talent. Its services include permanent and temporary recruitment, staffing, workforce management, outsourcing and career-transition support. The company operates through brands including Manpower, Experis and Talent Solutions. These businesses serve employers and job seekers across a range of industries, offering services from general staffing and professional recruitment to technology talent and workforce development.