Several brokerages have updated their recommendations and price targets on shares of Nasdaq (NASDAQ: NDAQ) in the last few weeks:
Nasdaq Inc (NASDAQ:NDAQ) opened at 67.24 on Monday. Nasdaq Inc has a 12 month low of $54.62 and a 12 month high of $71.92. The firm’s 50-day moving average is $68.97 and its 200-day moving average is $66.70. The firm has a market capitalization of $11.13 billion, a PE ratio of 23.28 and a beta of 0.81.
Nasdaq (NASDAQ:NDAQ) last posted its quarterly earnings data on Wednesday, July 27th. The company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.88 by $0.03. Nasdaq had a net margin of 13.79% and a return on equity of 10.76%. The company earned $559 million during the quarter, compared to analyst estimates of $548 million. During the same period in the prior year, the firm earned $0.83 earnings per share. The business’s quarterly revenue was up 7.9% on a year-over-year basis. On average, equities research analysts expect that Nasdaq Inc will post $3.71 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, September 30th. Shareholders of record on Friday, September 16th were paid a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 1.90%. The ex-dividend date of this dividend was Wednesday, September 14th. Nasdaq’s dividend payout ratio is presently 44.44%.