TransUnion (NYSE:TRU – Get Free Report) declared a quarterly dividend on Wednesday, August 5th. Shareholders of record on Thursday, August 20th will be paid a dividend of 0.125 per share by the business services provider on Friday, September 4th. This represents a c) dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Thursday, August 20th.
TransUnion has increased its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 1 consecutive years. TransUnion has a dividend payout ratio of 10.5% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect TransUnion to earn $4.95 per share next year, which means the company should continue to be able to cover its $0.50 annual dividend with an expected future payout ratio of 10.1%.
TransUnion Trading Down 1.0%
Shares of NYSE TRU opened at $79.16 on Friday. The stock has a market cap of $15.17 billion, a price-to-earnings ratio of 20.89, a P/E/G ratio of 1.32 and a beta of 1.53. TransUnion has a twelve month low of $63.37 and a twelve month high of $95.50. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 1.07. The company’s fifty day moving average is $73.82 and its 200-day moving average is $73.39.
Wall Street Analyst Weigh In
TRU has been the topic of a number of research reports. Needham & Company LLC boosted their price objective on shares of TransUnion from $95.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Griffin Securities set a $98.00 price objective on shares of TransUnion in a research report on Wednesday, July 29th. Wells Fargo & Company raised their target price on shares of TransUnion from $90.00 to $102.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. JPMorgan Chase & Co. reduced their target price on TransUnion from $95.00 to $90.00 and set an “overweight” rating for the company in a research note on Wednesday, April 29th. Finally, Bank of America cut their target price on shares of TransUnion from $83.00 to $80.00 and set a “neutral” rating for the company in a research note on Tuesday, May 19th. Ten investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $94.38.
Get Our Latest Research Report on TransUnion
About TransUnion
TransUnion is a global information and insights company that helps businesses and consumers make critical decisions using data and analytics. As one of the three major credit bureaus in the United States, TransUnion collects and aggregates credit information on individuals and businesses, providing credit reports, risk scores and portfolio management tools to financial institutions, lenders, landlords and other decision makers. Its consumer-facing products enable individuals to monitor credit status, detect identity theft and access personalized financial insights.
The company’s offerings span credit risk assessment, identity management, fraud prevention and marketing solutions.
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