Atlantica Sustainable Infrastructure (NASDAQ:AY – Get Free Report) posted its quarterly earnings data on Thursday. The utilities provider reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.06), Zacks reports. Atlantica Sustainable Infrastructure had a net margin of 3.59% and a return on equity of 2.50%. The business had revenue of $328.26 million for the quarter, compared to analysts’ expectations of $315.07 million.
Atlantica Sustainable Infrastructure Price Performance
Shares of NASDAQ:AY traded up $0.01 during midday trading on Friday, hitting $22.15. The company had a trading volume of 783,144 shares, compared to its average volume of 941,688. Atlantica Sustainable Infrastructure has a twelve month low of $16.35 and a twelve month high of $23.57. The company has a debt-to-equity ratio of 3.25, a current ratio of 1.55 and a quick ratio of 1.50. The stock has a market cap of $2.57 billion, a price-to-earnings ratio of 48.15, a price-to-earnings-growth ratio of 1.32 and a beta of 1.02. The business’s 50-day simple moving average is $22.06 and its 200-day simple moving average is $20.26.
Atlantica Sustainable Infrastructure Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, September 16th. Investors of record on Friday, August 30th will be issued a $0.445 dividend. The ex-dividend date of this dividend is Friday, August 30th. This represents a $1.78 annualized dividend and a dividend yield of 8.04%. Atlantica Sustainable Infrastructure’s dividend payout ratio is presently 386.96%.
Wall Street Analysts Forecast Growth
View Our Latest Research Report on AY
Atlantica Sustainable Infrastructure Company Profile
Atlantica Sustainable Infrastructure plc owns, manages, and invests in renewable energy, storage, natural gas and heat, electric transmission lines, and water assets in North America, South America, Europe, the Middle East, and Africa. The company was formerly known as Atlantica Yield plc and changed its name to Atlantica Sustainable Infrastructure plc in May 2020.
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