The Estee Lauder Companies Inc. Declares Quarterly Dividend of $0.35 (NYSE:EL)

The Estee Lauder Companies Inc. (NYSE:EL) declared a quarterly dividend on Wednesday, August 19th. Shareholders of record on Monday, August 31st will be given a dividend of 0.35 per share on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Monday, August 31st.

Estee Lauder Companies has raised its dividend by an average of 0.0%per year over the last three years. Estee Lauder Companies has a payout ratio of 63.6% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Estee Lauder Companies to earn $3.18 per share next year, which means the company should continue to be able to cover its $1.40 annual dividend with an expected future payout ratio of 44.0%.

Estee Lauder Companies Stock Up 16.4%

Estee Lauder Companies stock traded up $13.83 on Wednesday, hitting $98.10. 13,627,451 shares of the stock traded hands, compared to its average volume of 3,953,607. The company has a current ratio of 1.27, a quick ratio of 0.94 and a debt-to-equity ratio of 1.71. The firm has a market cap of $35.49 billion, a P/E ratio of -140.15, a price-to-earnings-growth ratio of 0.68 and a beta of 1.25. The business’s fifty day simple moving average is $84.15 and its 200 day simple moving average is $86.79. Estee Lauder Companies has a 1 year low of $66.22 and a 1 year high of $121.64.

Estee Lauder Companies (NYSE:EL) last released its earnings results on Wednesday, August 19th. The company reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.32 by $0.07. Estee Lauder Companies had a negative net margin of 1.67% and a positive return on equity of 20.66%. The firm had revenue of $3.64 billion for the quarter, compared to the consensus estimate of $3.55 billion. During the same period in the prior year, the firm earned $0.09 EPS. The company’s revenue was up 6.3% compared to the same quarter last year. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. As a group, sell-side analysts forecast that Estee Lauder Companies will post 2.41 earnings per share for the current year.

Estee Lauder Companies Company Profile

Estée Lauder Companies Inc (NYSE: EL) is a global leader in prestige beauty that develops, manufactures and markets a broad portfolio of skincare, makeup, fragrance and hair care products. Founded in 1946 by Estée Lauder, the company has grown from a small family business into a multinational consumer-products enterprise headquartered in New York City. Its activities span product research and development, brand and product marketing, manufacturing and global distribution across multiple retail channels.

The company’s portfolio includes a mix of legacy and prestige brands that target different consumer segments and price points, with well-known names such as Estée Lauder, Clinique, MAC, La Mer and Jo Malone among others.