Ryanair Holdings plc Declares — Dividend of $0.47 (NASDAQ:RYAAY)

Ryanair Holdings plc (NASDAQ:RYAAY) declared a — dividend on Monday, December 16th,Wall Street Journal reports. Investors of record on Friday, January 17th will be paid a dividend of 0.4677 per share by the transportation company on Monday, March 10th. This represents a dividend yield of 4.2%. The ex-dividend date is Friday, January 17th.

Ryanair Stock Performance

NASDAQ:RYAAY traded down $0.72 during mid-day trading on Monday, hitting $44.73. The stock had a trading volume of 666,394 shares, compared to its average volume of 1,575,053. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.81 and a current ratio of 0.81. The company’s 50 day simple moving average is $44.80 and its 200 day simple moving average is $85.52. Ryanair has a twelve month low of $36.96 and a twelve month high of $60.29. The stock has a market cap of $24.25 billion, a price-to-earnings ratio of 15.15, a PEG ratio of 2.62 and a beta of 1.51.

Ryanair (NASDAQ:RYAAY) last issued its quarterly earnings results on Monday, November 4th. The transportation company reported $2.82 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.91 by ($0.09). The company had revenue of $5.57 billion during the quarter, compared to the consensus estimate of $5.59 billion. Ryanair had a net margin of 11.38% and a return on equity of 19.92%. During the same quarter last year, the firm posted $2.88 earnings per share. On average, equities research analysts forecast that Ryanair will post 2.97 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts recently weighed in on RYAAY shares. StockNews.com upgraded Ryanair from a “hold” rating to a “buy” rating in a research report on Thursday, November 14th. Sanford C. Bernstein reduced their price target on shares of Ryanair from $149.00 to $147.00 and set an “outperform” rating on the stock in a research note on Thursday, August 29th. Barclays raised shares of Ryanair from an “equal weight” rating to an “overweight” rating in a research note on Friday, October 25th. Finally, UBS Group upgraded shares of Ryanair from a “hold” rating to a “strong-buy” rating in a report on Monday, November 11th. Four equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and four have given a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $154.67.

About Ryanair

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, and internationally. It is also involved in the provision of various ancillary services, such as non-flight scheduled and Internet-related services, as well as in-flight sale of beverages, food, duty-free, and merchandise; and markets car hire, travel insurance, and accommodation services through its website and mobile app.