Equinor ASA (NYSE:EQNR) announced a quarterly dividend on Wednesday, February 6th, NASDAQ reports. Investors of record on Monday, May 20th will be given a dividend of 0.26 per share on Wednesday, May 29th. This represents a $1.04 annualized dividend and a yield of 4.93%. The ex-dividend date is Friday, May 17th. This is a positive change from Equinor ASA’s previous quarterly dividend of $0.23.
NYSE EQNR opened at $21.11 on Friday. Equinor ASA has a one year low of $19.95 and a one year high of $28.93. The stock has a market capitalization of $70.27 billion, a P/E ratio of 10.45 and a beta of 0.90. The company has a quick ratio of 1.44, a current ratio of 1.48 and a debt-to-equity ratio of 0.59.
Equinor ASA (NYSE:EQNR) last released its quarterly earnings results on Friday, May 3rd. The company reported $0.46 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.40 by $0.06. The business had revenue of $16.41 billion during the quarter. Equinor ASA had a return on equity of 15.79% and a net margin of 10.46%. On average, sell-side analysts expect that Equinor ASA will post 1.81 EPS for the current year.
A number of equities research analysts have issued reports on EQNR shares. Pareto Securities upgraded Equinor ASA from a “hold” rating to a “buy” rating in a research note on Monday, February 25th. Zacks Investment Research upgraded Equinor ASA from a “sell” rating to a “hold” rating in a research note on Friday, April 19th. Macquarie downgraded Equinor ASA from an “outperform” rating to a “neutral” rating in a research note on Thursday, February 14th. Piper Jaffray Companies downgraded Equinor ASA from an “overweight” rating to a “neutral” rating in a research note on Monday, February 11th. Finally, ValuEngine downgraded Equinor ASA from a “hold” rating to a “sell” rating in a research note on Friday, April 26th. Four equities research analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $26.36.
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About Equinor ASA
Equinor ASA, an energy company, explores for, produces, transports, refines, and markets petroleum and petroleum-derived products, and other forms of energy in Norway and internationally. The company operates through Development & Production Norway; Development & Production Brazil; Development & Production International; Marketing, Midstream & Processing; New Energy Solutions; Technology, Projects & Drilling; Exploration; and Global Strategy & Business Development segments.
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