Joint Stock Company Kaspi.kz (NASDAQ:KSPI) Increases Dividend to $1.92 Per Share

Joint Stock Company Kaspi.kz (NASDAQ:KSPI) declared a dividend on Tuesday, April 23rd, NASDAQ reports. Stockholders of record on Friday, May 24th will be paid a dividend of 1.9154 per share on Tuesday, May 21st. The ex-dividend date is Thursday, May 23rd. This is a boost from Joint Stock Company Kaspi.kz’s previous dividend of $1.90.

Joint Stock Company Kaspi.kz Stock Down 0.3 %

Shares of Joint Stock Company Kaspi.kz stock opened at $115.80 on Wednesday. The company has a 50-day moving average price of $119.40. Joint Stock Company Kaspi.kz has a one year low of $85.02 and a one year high of $136.17. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.98 and a quick ratio of 0.98.

Joint Stock Company Kaspi.kz (NASDAQ:KSPI) last released its quarterly earnings data on Tuesday, April 30th. The company reported $2.53 earnings per share for the quarter, missing analysts’ consensus estimates of $2.57 by ($0.04). The business had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.18 billion. Research analysts anticipate that Joint Stock Company Kaspi.kz will post 12.47 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on KSPI. Susquehanna began coverage on Joint Stock Company Kaspi.kz in a report on Tuesday, February 27th. They set a “positive” rating and a $154.00 price target for the company. JPMorgan Chase & Co. started coverage on shares of Joint Stock Company Kaspi.kz in a report on Monday, March 11th. They issued an “overweight” rating and a $159.00 target price for the company. Wolfe Research started coverage on shares of Joint Stock Company Kaspi.kz in a report on Tuesday, February 13th. They set an “outperform” rating and a $130.00 price target on the stock. Finally, New Street Research assumed coverage on shares of Joint Stock Company Kaspi.kz in a research note on Tuesday, May 7th. They issued a “buy” rating and a $175.00 price objective for the company.

Joint Stock Company Kaspi.kz Company Profile

Joint Stock Company Kaspi.kz, together with its subsidiaries, provides payments, marketplace, and fintech solutions for consumers and merchants in the Republic of Kazakhstan. It operates through three segments: Payments Platform, Marketplace Platform, and Fintech Platform. The Payments Platform segment facilities transactions between customers and merchants.