Intersil Plans Quarterly Dividend of $0.12 (ISIL)
Intersil (NASDAQ:ISIL) announced a quarterly dividend on Wednesday, January 30th. Stockholders of record on Tuesday, February 12th will be paid a dividend of $0.12 per share on Friday, February 22nd. This represents a $0.48 annualized dividend and a dividend yield of 5.38%.
A number of analysts have recently weighed in on ISIL shares. Analysts at Zacks downgraded shares of Intersil from a “neutral” rating to an “underperform” rating in a research note to investors on Monday. They now have a $8.60 price target on the stock. Finally, analysts at JPMorgan Chase reiterated an “underweight” rating on shares of Intersil in a research note to investors on Monday, December 10th.
Four investment analysts have rated the stock with a buy rating, fourteen have given a hold rating, one has given an underweight rating, and three have assigned a sell rating to the company. Intersil presently has an average rating of “hold” and a consensus price target of $7.38.
Intersil (ISIL) traded down 3.02% on Wednesday, hitting $8.66. Intersil (ISIL) has a 52-week low of $6.31 and a 52-week high of $11.82. The stock’s 50-day moving average is currently $8.48. The company has a market cap of $1.098 billion and a price-to-earnings ratio of 137.38.
Intersil last released its earnings data on Wednesday, January 30th. The company reported $0.06 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.06. The company had revenue of $137.50 million for the quarter, compared to the consensus estimate of $138.18 million. During the same quarter in the prior year, the company posted $0.16 earnings per share. The company’s quarterly revenue was down 17.1% on a year-over-year basis. Intersil has set its Q1 guidance at $0.02-0.05 EPS. Analysts expect that Intersil (ISIL) will post $-0.19 EPS for the current fiscal year.
Intersil Corporation designs, develops, manufactures and markets analog and mixed-signal integrated circuits (ICs).
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