Elbit Systems Ltd. (ESLT) Reaches New 52-Week High at $102.89
Elbit Systems Ltd. (NASDAQ:ESLT)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $102.89 and last traded at $102.70, with a volume of 10,432 shares trading hands. The stock had previously closed at $102.55.
Separately, Standpoint Research initiated coverage on Elbit Systems in a research note on Monday, August 1st. They set an “accumulate” rating and a $115.00 price target for the company.
The company has a market capitalization of $4.41 billion and a price-to-earnings ratio of 20.11. The stock’s 50-day moving average price is $98.10 and its 200-day moving average price is $93.56.
Elbit Systems (NASDAQ:ESLT) last posted its earnings results on Tuesday, August 16th. The company reported $1.47 earnings per share for the quarter. The firm had revenue of $804.50 million for the quarter, compared to analysts’ expectations of $749.50 million. Analysts expect that Elbit Systems Ltd. will post $4.28 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Monday, September 5th. Stockholders of record on Friday, August 26th will be issued a dividend of $0.40 per share. The ex-dividend date is Wednesday, August 24th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.55%.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.