Equifax Inc. (EFX) to Issue Quarterly Dividend of $0.39 on December 13th

Equifax Inc. (NYSE:EFX) announced a quarterly dividend on Thursday, November 7th,RTT News reports. Shareholders of record on Friday, November 22nd will be given a dividend of 0.39 per share by the credit services provider on Friday, December 13th. This represents a $1.56 dividend on an annualized basis and a yield of 0.58%. The ex-dividend date of this dividend is Friday, November 22nd.

Equifax has a dividend payout ratio of 16.5% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Equifax to earn $9.48 per share next year, which means the company should continue to be able to cover its $1.56 annual dividend with an expected future payout ratio of 16.5%.

Equifax Stock Up 0.6 %

Shares of NYSE:EFX opened at $271.21 on Friday. Equifax has a fifty-two week low of $180.31 and a fifty-two week high of $309.63. The firm’s 50 day moving average price is $286.38 and its 200 day moving average price is $265.58. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.96. The stock has a market cap of $33.62 billion, a price-to-earnings ratio of 60.27, a price-to-earnings-growth ratio of 2.49 and a beta of 1.59.

Equifax (NYSE:EFX) last released its quarterly earnings data on Wednesday, October 16th. The credit services provider reported $1.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.84 by $0.01. The business had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.44 billion. Equifax had a net margin of 10.07% and a return on equity of 18.56%. The company’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same period in the previous year, the company earned $1.76 EPS. As a group, equities research analysts predict that Equifax will post 7.29 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Equifax news, EVP John J. Kelley III sold 1,000 shares of the stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $272.92, for a total value of $272,920.00. Following the completion of the sale, the executive vice president now owns 11,269 shares of the company’s stock, valued at $3,075,535.48. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, CEO Mark W. Begor sold 58,304 shares of the company’s stock in a transaction on Friday, October 25th. The shares were sold at an average price of $270.49, for a total value of $15,770,648.96. Following the sale, the chief executive officer now directly owns 109,183 shares of the company’s stock, valued at $29,532,909.67. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP John J. Kelley III sold 1,000 shares of the business’s stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $272.92, for a total transaction of $272,920.00. Following the completion of the sale, the executive vice president now directly owns 11,269 shares of the company’s stock, valued at $3,075,535.48. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. 1.66% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. BNP Paribas raised Equifax from an “underperform” rating to a “neutral” rating and set a $310.00 price objective for the company in a report on Thursday, September 19th. Morgan Stanley raised their price target on Equifax from $250.00 to $271.00 and gave the company an “equal weight” rating in a report on Thursday, September 12th. Needham & Company LLC reiterated a “buy” rating and issued a $350.00 price objective on shares of Equifax in a research report on Monday, October 28th. Wells Fargo & Company restated a “buy” rating on shares of Equifax in a research report on Friday, October 18th. Finally, Oppenheimer increased their price target on shares of Equifax from $300.00 to $315.00 and gave the company an “outperform” rating in a report on Tuesday, October 8th. Four analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. According to MarketBeat, Equifax currently has an average rating of “Moderate Buy” and an average price target of $310.47.

Equifax Company Profile

Equifax Inc operates as a data, analytics, and technology company. The company operates through three segments: Workforce Solutions, U.S. Information Solutions (USIS), and International. The Workforce Solutions segment offers services that enables customers to verify income, employment, educational history, criminal justice data, healthcare professional licensure, and sanctions of people in the United States; and employer customers with services that assist them in complying with and automating payroll-related and human resource management processes throughout the entire cycle of the employment relationship.