AON (AON) Scheduled to Post Earnings on Friday

AON (NYSE:AON) is set to release its earnings data before the market opens on Friday, October 25th. Analysts expect AON to post earnings of $2.46 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

AON (NYSE:AON) last issued its quarterly earnings results on Friday, July 26th. The financial services provider reported $2.93 EPS for the quarter, missing analysts’ consensus estimates of $3.08 by ($0.15). AON had a net margin of 18.00% and a return on equity of 252.81%. The business had revenue of $3.76 billion for the quarter, compared to analysts’ expectations of $3.74 billion. During the same period in the previous year, the business posted $2.76 earnings per share. The business’s revenue was up 18.4% compared to the same quarter last year. On average, analysts expect AON to post $15 EPS for the current fiscal year and $17 EPS for the next fiscal year.

AON Price Performance

Shares of NYSE AON opened at $358.29 on Thursday. The stock has a fifty day simple moving average of $347.63 and a two-hundred day simple moving average of $316.00. AON has a 1-year low of $268.06 and a 1-year high of $363.46. The firm has a market cap of $77.90 billion, a price-to-earnings ratio of 28.08, a price-to-earnings-growth ratio of 2.32 and a beta of 0.92. The company has a current ratio of 2.42, a quick ratio of 2.42 and a debt-to-equity ratio of 2.92.

AON Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Shareholders of record on Friday, November 1st will be issued a dividend of $0.675 per share. This represents a $2.70 annualized dividend and a yield of 0.75%. The ex-dividend date is Friday, November 1st. AON’s dividend payout ratio (DPR) is 21.16%.

Analysts Set New Price Targets

A number of research firms have recently commented on AON. Evercore ISI raised their price target on AON from $338.00 to $384.00 and gave the stock an “in-line” rating in a report on Wednesday, October 9th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $335.00 price target on shares of AON in a report on Monday, August 5th. Wells Fargo & Company lifted their price objective on AON from $300.00 to $315.00 and gave the company an “underweight” rating in a research note on Thursday, October 10th. Bank of America lifted their price objective on AON from $345.00 to $375.00 and gave the company an “underperform” rating in a research note on Thursday, October 10th. Finally, Morgan Stanley dropped their price objective on AON from $300.00 to $296.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 10th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $347.06.

AON Company Profile

Aon plc, a professional services firm, provides a range of risk and human capital solutions worldwide. It offers commercial risk solutions, including retail brokerage, specialty solutions, global risk consulting and captives management, and affinity programs; and health solutions, such as health and benefits brokerages, and health care exchanges.