International Game Technology PLC (NYSE:IGT) to Issue $0.20 Quarterly Dividend

International Game Technology PLC (NYSE:IGT) declared a quarterly dividend on Thursday, November 14th, RTT News reports. Investors of record on Friday, November 29th will be paid a dividend of 0.20 per share on Friday, December 13th. This represents a $0.80 dividend on an annualized basis and a yield of 5.13%.

Shares of NYSE IGT opened at $15.59 on Friday. The stock has a market cap of $2.63 billion, a P/E ratio of 15.91, a P/E/G ratio of 0.97 and a beta of 1.31. The firm has a 50 day moving average price of $13.78 and a 200 day moving average price of $13.42. The company has a debt-to-equity ratio of 2.87, a quick ratio of 0.74 and a current ratio of 0.83. International Game Technology has a 52-week low of $11.32 and a 52-week high of $17.93.

International Game Technology (NYSE:IGT) last issued its quarterly earnings data on Thursday, November 14th. The company reported $0.21 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.29 by ($0.08). The firm had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.15 billion. International Game Technology had a negative net margin of 0.72% and a positive return on equity of 8.51%. The firm’s revenue for the quarter was down .2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.31 EPS. Analysts predict that International Game Technology will post 1.33 earnings per share for the current fiscal year.

Separately, ValuEngine cut shares of International Game Technology from a “hold” rating to a “sell” rating in a report on Friday, November 1st. One analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $25.00.

International Game Technology Company Profile

International Game Technology PLC operates and provides technology products and services across lotteries, electronic gaming machines, sports betting, and interactive gaming markets worldwide. The company operates through four segments: North America Gaming and Interactive, North America Lottery, International, and Italy.

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Dividend History for International Game Technology (NYSE:IGT)

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