Arcosa, Inc. (NYSE:ACA) Declares $0.05 Quarterly Dividend

by · The Markets Daily

Arcosa, Inc. (NYSE:ACA – Get Free Report) declared a quarterly dividend on Thursday, December 11th. Stockholders of record on Thursday, January 15th will be paid a dividend of 0.05 per share on Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Thursday, January 15th.

Arcosa has a dividend payout ratio of 4.3% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Arcosa to earn $4.56 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 4.4%.

Arcosa Price Performance

Shares of NYSE ACA traded down $2.71 during midday trading on Friday, reaching $110.28. The company’s stock had a trading volume of 34,567 shares, compared to its average volume of 268,614. Arcosa has a one year low of $68.11 and a one year high of $113.25. The company has a market cap of $5.41 billion, a price-to-earnings ratio of 36.62, a price-to-earnings-growth ratio of 1.62 and a beta of 1.00. The company has a 50 day moving average price of $99.12 and a 200 day moving average price of $94.07. The company has a current ratio of 2.02, a quick ratio of 1.30 and a debt-to-equity ratio of 0.61.

Arcosa (NYSE:ACA – Get Free Report) last posted its quarterly earnings results on Wednesday, August 17th. The company reported $0.60 earnings per share (EPS) for the quarter. The firm had revenue of $515.10 million for the quarter. Arcosa had a net margin of 5.25% and a return on equity of 7.46%. On average, equities research analysts expect that Arcosa will post 3.23 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Barclays lifted their target price on Arcosa from $106.00 to $115.00 and gave the stock an “overweight” rating in a report on Monday, November 3rd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Arcosa in a research report on Monday. Zacks Research downgraded Arcosa from a “strong-buy” rating to a “hold” rating in a report on Friday, October 10th. Finally, Wall Street Zen raised shares of Arcosa from a “hold” rating to a “buy” rating in a research note on Monday. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $115.00.

Read Our Latest Research Report on ACA

Arcosa Company Profile

(Get Free Report)

Arcosa, Inc, together with its subsidiaries, provides infrastructure-related products and solutions for the construction, engineered structures, and transportation markets in the United States. It operates through three segments: Construction Products, Engineered Structures, and Transportation Products.

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