Motorola Solutions (MSI) to Release Earnings on Thursday

Motorola Solutions (NYSE:MSI) is scheduled to be releasing its earnings data after the market closes on Thursday, November 7th. Analysts expect Motorola Solutions to post earnings of $3.09 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Thursday, August 1st. The communications equipment provider reported $3.24 earnings per share for the quarter, beating the consensus estimate of $3.01 by $0.23. The company had revenue of $2.63 billion during the quarter, compared to the consensus estimate of $2.59 billion. Motorola Solutions had a net margin of 14.04% and a return on equity of 337.36%. The firm’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same quarter last year, the firm earned $2.41 earnings per share. On average, analysts expect Motorola Solutions to post $12 EPS for the current fiscal year and $13 EPS for the next fiscal year.

Motorola Solutions Price Performance

Shares of MSI opened at $452.79 on Thursday. The company has a market capitalization of $75.53 billion, a P/E ratio of 55.97, a price-to-earnings-growth ratio of 3.96 and a beta of 0.97. The company has a quick ratio of 1.03, a current ratio of 1.20 and a debt-to-equity ratio of 7.03. The firm has a 50 day moving average of $449.96 and a 200 day moving average of $403.37. Motorola Solutions has a twelve month low of $276.19 and a twelve month high of $480.28.

Motorola Solutions Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Friday, September 13th were given a dividend of $0.98 per share. This represents a $3.92 annualized dividend and a dividend yield of 0.87%. The ex-dividend date of this dividend was Friday, September 13th. Motorola Solutions’s dividend payout ratio (DPR) is currently 48.45%.

Insider Activity

In other news, COO John P. Molloy sold 23,985 shares of the business’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $407.50, for a total transaction of $9,773,887.50. Following the completion of the sale, the chief operating officer now owns 46,821 shares of the company’s stock, valued at $19,079,557.50. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 1.50% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Jefferies Financial Group lifted their target price on shares of Motorola Solutions from $460.00 to $510.00 and gave the stock a “buy” rating in a research report on Tuesday, September 3rd. Bank of America lifted their target price on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Evercore ISI lifted their target price on shares of Motorola Solutions from $450.00 to $500.00 and gave the stock an “outperform” rating in a research report on Friday, August 30th. Barclays lifted their target price on shares of Motorola Solutions from $372.00 to $467.00 and gave the stock an “overweight” rating in a research report on Friday, August 2nd. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on shares of Motorola Solutions from $385.00 to $440.00 and gave the stock a “buy” rating in a research report on Tuesday, August 6th. Eight analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $479.50.

About Motorola Solutions

Motorola Solutions, Inc provides public safety and enterprise security solutions in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce.