Shares of Leucadia National Corp. (NYSE:LUK) have been given an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy recommendation.
Analysts have set a 1 year consensus target price of $34.00 for the company and are forecasting that the company will post $0.40 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Leucadia National an industry rank of 122 out of 265 based on the ratings given to related companies.
A number of equities research analysts have weighed in on the company. Zacks Investment Research raised Leucadia National from a “hold” rating to a “buy” rating and set a $30.00 target price on the stock in a report on Thursday, February 1st. TheStreet downgraded Leucadia National from a “b” rating to a “c+” rating in a report on Thursday, February 22nd.
Shares of Leucadia National (NYSE:LUK) traded up $0.15 during trading hours on Tuesday, reaching $23.81. The company had a trading volume of 1,600,000 shares, compared to its average volume of 1,680,000. The firm has a market capitalization of $8,480.00, a P/E ratio of 14.09, a P/E/G ratio of 0.82 and a beta of 1.30. Leucadia National has a 1-year low of $22.23 and a 1-year high of $28.30. The company has a quick ratio of 0.67, a current ratio of 0.64 and a debt-to-equity ratio of 1.06.
Leucadia National (NYSE:LUK) last issued its quarterly earnings results on Thursday, February 22nd. The conglomerate reported $0.48 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.47 by $0.01. The business had revenue of $2.94 billion for the quarter, compared to the consensus estimate of $2.91 billion. Leucadia National had a return on equity of 6.25% and a net margin of 1.81%. The firm’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.37 earnings per share. sell-side analysts predict that Leucadia National will post 1.62 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Monday, March 19th will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.68%. The ex-dividend date of this dividend is Friday, March 16th. Leucadia National’s dividend payout ratio is presently 23.67%.
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Leucadia National Company Profile
Leucadia National Corporation (Leucadia) is a diversified holding company focused on return on investment and long-term value. The Company’s segments, based on requirements are Jefferies, National Beef, and Corporate and other. Jefferies is a global full-service, integrated securities and investment banking firm.
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