Kingfisher (LON:KGF) Announces Earnings Results

Kingfisher (LON:KGF) issued its quarterly earnings results on Tuesday. The home improvement retailer reported GBX 20.70 ($0.27) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Kingfisher had a return on equity of 5.23% and a net margin of 2.68%.

Kingfisher Stock Performance

Shares of KGF stock traded up GBX 1.50 ($0.02) during trading hours on Thursday, reaching GBX 246 ($3.17). 6,093,151 shares of the company’s stock were exchanged, compared to its average volume of 33,441,535. Kingfisher has a fifty-two week low of GBX 227.20 ($2.93) and a fifty-two week high of GBX 333.50 ($4.29). The company has a quick ratio of 0.27, a current ratio of 1.26 and a debt-to-equity ratio of 7.12. The stock has a market capitalization of £4.35 billion, a P/E ratio of 13.11, a P/E/G ratio of 2.87 and a beta of 0.96. The business has a fifty day moving average price of GBX 251.17 and a 200-day moving average price of GBX 270.47.

Kingfisher Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be given a GBX 19.72 ($0.25) dividend. This is an increase from Kingfisher’s previous dividend of $3.80. This represents a yield of 3.44%. The ex-dividend date is Thursday, March 27th. Kingfisher’s payout ratio is currently 63.94%.

Kingfisher Company Profile

Kingfisher plc is an international home improvement company with over 2,000 stores, supported by a team of over 78,000 colleagues. We operate in eight countries across Europe under retail banners including B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint and Koçta?. We offer home improvement products and services to consumers and trade professionals who shop in our stores and via our e-commerce channels.