Quad Graphics, Inc (QUAD) To Go Ex-Dividend on May 21st

Quad Graphics, Inc (NYSE:QUAD) announced a quarterly dividend on Monday, April 20th. Shareholders of record on Thursday, May 21st will be paid a dividend of 0.10 per share by the business services provider on Friday, June 5th. This represents a c) annualized dividend and a yield of 5.4%. The ex-dividend date of this dividend is Thursday, May 21st.

Quad Graphics has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 1 consecutive years. Quad Graphics has a dividend payout ratio of 38.1% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Quad Graphics to earn $1.40 per share next year, which means the company should continue to be able to cover its $0.40 annual dividend with an expected future payout ratio of 28.6%.

Quad Graphics Stock Up 2.2%

Shares of NYSE QUAD opened at $7.37 on Tuesday. The company has a current ratio of 0.94, a quick ratio of 0.65 and a debt-to-equity ratio of 3.04. The stock has a market capitalization of $379.79 million, a PE ratio of 13.15 and a beta of 1.18. The stock’s fifty day simple moving average is $7.09 and its two-hundred day simple moving average is $6.48. Quad Graphics has a 12-month low of $5.01 and a 12-month high of $8.64.

Quad Graphics (NYSE:QUAD) last issued its quarterly earnings data on Tuesday, April 28th. The business services provider reported $0.25 EPS for the quarter, beating the consensus estimate of $0.22 by $0.03. Quad Graphics had a return on equity of 47.27% and a net margin of 1.16%.The firm had revenue of $581.00 million during the quarter, compared to analyst estimates of $581.07 million. As a group, analysts expect that Quad Graphics will post 1.2 EPS for the current fiscal year.

Wall Street Analyst Weigh In

QUAD has been the subject of a number of research analyst reports. Rosenblatt Securities raised their target price on Quad Graphics from $8.20 to $9.80 and gave the stock a “buy” rating in a research note on Wednesday, February 25th. Benchmark assumed coverage on Quad Graphics in a research note on Tuesday, April 7th. They issued a “buy” rating and a $10.00 target price for the company. Wall Street Zen upgraded Quad Graphics from a “buy” rating to a “strong-buy” rating in a research note on Sunday, March 29th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Quad Graphics in a research note on Monday, April 27th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $9.93.

Quad Graphics Company Profile

Quad Graphics, Inc (NYSE: QUAD) is a global provider of print and related marketing services, serving a diverse range of clients in the publishing, retail, e-commerce and consumer packaged goods sectors. The company offers end-to-end solutions that span traditional print production, supply chain management and digital marketing support. Quad Graphics leverages a network of production facilities and distribution centers to deliver high-quality printed materials and integrated marketing programs that help clients reach their target audiences across multiple channels.

The company’s core offerings include magazine and catalog printing, direct mail, retail inserts, shopper marketing materials, custom packaging and point-of-sale displays.