Charles River Associates (CRAI) To Go Ex-Dividend on May 26th

Charles River Associates (NASDAQ:CRAI) announced a quarterly dividend on Thursday, May 7th. Shareholders of record on Tuesday, May 26th will be given a dividend of 0.57 per share by the business services provider on Friday, June 12th. This represents a c) dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Tuesday, May 26th.

Charles River Associates has increased its dividend payment by an average of 0.2%annually over the last three years and has raised its dividend every year for the last 7 years. Charles River Associates has a dividend payout ratio of 26.6% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Charles River Associates to earn $9.37 per share next year, which means the company should continue to be able to cover its $2.28 annual dividend with an expected future payout ratio of 24.3%.

Charles River Associates Stock Performance

NASDAQ:CRAI opened at $139.58 on Friday. The company has a market capitalization of $901.69 million, a PE ratio of 19.39, a P/E/G ratio of 1.03 and a beta of 0.75. The company has a 50 day simple moving average of $161.81 and a two-hundred day simple moving average of $180.00. Charles River Associates has a fifty-two week low of $134.47 and a fifty-two week high of $227.29.

Charles River Associates (NASDAQ:CRAI) last released its earnings results on Thursday, May 7th. The business services provider reported $1.99 earnings per share for the quarter, missing analysts’ consensus estimates of $2.02 by ($0.03). The firm had revenue of $200.98 million for the quarter, compared to analyst estimates of $193.81 million. Charles River Associates had a net margin of 6.22% and a return on equity of 25.83%. Research analysts predict that Charles River Associates will post 8.43 EPS for the current year.

About Charles River Associates

Charles River Associates (NASDAQ: CRAI) is a global consulting firm specializing in economic, financial and management advisory services. Founded in 1965 and headquartered in Boston, Massachusetts, the company provides expert analysis to support litigation, regulatory proceedings, and strategic decision-making. Its multidisciplinary teams draw on academic rigor and industry experience to deliver quantitative and qualitative insights tailored to clients’ needs.

The firm’s service offerings include competition economics, antitrust and merger analysis, intellectual property valuation and damages assessment, and risk management.