ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) – Research analysts at Jefferies Financial Group decreased their FY2021 earnings estimates for shares of ROYAL MAIL PLC/ADR in a research report issued on Sunday, December 1st. Jefferies Financial Group analyst D. Kerstens now anticipates that the company will earn $0.30 per share for the year, down from their previous forecast of $0.45. Jefferies Financial Group also issued estimates for ROYAL MAIL PLC/ADR’s FY2023 earnings at $0.69 EPS.
Several other research analysts have also recently commented on ROYMY. Sanford C. Bernstein cut ROYAL MAIL PLC/ADR from an “outperform” rating to a “market perform” rating in a research note on Friday, November 29th. ValuEngine upgraded ROYAL MAIL PLC/ADR from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. Finally, Zacks Investment Research raised ROYAL MAIL PLC/ADR from a “sell” rating to a “hold” rating in a research report on Friday, November 8th. Seven research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold”.
The company also recently declared a Semi-Annual dividend, which will be paid on Thursday, January 30th. Shareholders of record on Friday, December 6th will be paid a $0.165 dividend. The ex-dividend date of this dividend is Thursday, December 5th. ROYAL MAIL PLC/ADR’s payout ratio is currently 90.12%.
About ROYAL MAIL PLC/ADR
Royal Mail plc, together with its subsidiaries, operates as an universal postal service provider in the United Kingdom, the United States, and other European countries. It offers parcels and letter delivery services under the Royal Mail and Parcelforce Worldwide brands. The company also provides services for the collection, sorting, and delivery of parcels and letters; and designs and produces stamps and philatelic items, as well as offers media and marketing mail services.
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