JBT Marel Corporation (NYSE:JBTM) Plans Quarterly Dividend of $0.10

JBT Marel Corporation (NYSE:JBTM) declared a quarterly dividend on Thursday, February 26th. Investors of record on Monday, March 9th will be given a dividend of 0.10 per share on Monday, March 23rd. This represents a c) dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Monday, March 9th.

JBT Marel Stock Down 0.8%

JBT Marel stock traded down $1.24 during trading hours on Friday, hitting $156.38. The stock had a trading volume of 71,089 shares, compared to its average volume of 519,431. The stock has a market capitalization of $8.13 billion, a P/E ratio of -154.99, a price-to-earnings-growth ratio of 1.38 and a beta of 1.01. JBT Marel has a 12-month low of $90.08 and a 12-month high of $170.19. The company has a quick ratio of 0.53, a current ratio of 0.98 and a debt-to-equity ratio of 0.33. The stock’s 50-day moving average price is $158.62 and its 200-day moving average price is $146.11.

JBT Marel (NYSE:JBTM) last posted its earnings results on Monday, February 23rd. The company reported $1.98 EPS for the quarter, topping analysts’ consensus estimates of $1.92 by $0.06. JBT Marel had a positive return on equity of 7.68% and a negative net margin of 1.33%.The business had revenue of $1.01 billion during the quarter. During the same period in the previous year, the business posted $1.70 EPS. The firm’s revenue for the quarter was up 115.6% on a year-over-year basis. JBT Marel has set its FY 2026 guidance at 8.000-8.500 EPS. Equities research analysts anticipate that JBT Marel will post 5.21 EPS for the current fiscal year.

JBT Marel Company Profile

JBT Marel Corporation provides technology solutions to food and beverage industry in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It offers value-added processing that includes chilling, mixing/grinding, injecting, blending, marinating, tumbling, flattening, forming, portioning, coating, cooking, frying, freezing, extracting, pasteurizing, sterilizing, concentrating, high pressure processing, weighing, inspecting, filling, closing, sealing, end of line material handling, and packaging solutions to the food, beverage, and health market.