Enviri Corporation (NVRI) to Issue Dividend of $15.00 on June 1st

Enviri Corporation (NYSE:NVRI) declared a dividend on Friday, January 1st. Shareholders of record on Friday, January 1st will be given a dividend of 15.00 per share on Monday, June 1st. The ex-dividend date of this dividend is Monday, June 1st.

Enviri Stock Performance

Shares of NVRI stock opened at $20.75 on Friday. The stock’s 50-day moving average is $19.40 and its two-hundred day moving average is $18.43. The company has a debt-to-equity ratio of 5.66, a quick ratio of 0.86 and a current ratio of 1.13. Enviri has a 1 year low of $7.70 and a 1 year high of $21.42. The firm has a market cap of $1.72 billion, a price-to-earnings ratio of -9.97 and a beta of 1.59.

Enviri (NYSE:NVRI) last posted its earnings results on Monday, May 11th. The company reported $0.10 earnings per share for the quarter, beating the consensus estimate of ($0.26) by $0.36. The business had revenue of $549.80 million during the quarter, compared to the consensus estimate of $465.37 million. Enviri had a negative return on equity of 8.59% and a negative net margin of 7.50%.The business’s quarterly revenue was up .3% on a year-over-year basis. During the same period in the previous year, the business earned ($0.18) EPS. Analysts predict that Enviri will post -0.45 earnings per share for the current year.

Wall Street Analyst Weigh In

NVRI has been the subject of a number of research reports. BMO Capital Markets boosted their price objective on Enviri from $19.00 to $19.50 and gave the company a “market perform” rating in a research note on Tuesday, May 12th. Lake Street Capital restated a “buy” rating and set a $25.00 target price on shares of Enviri in a research report on Wednesday, February 25th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Enviri in a report on Tuesday, April 21st. One equities research analyst has rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Enviri presently has a consensus rating of “Hold” and a consensus price target of $22.25.

Enviri Company Profile

Enviri Inc (NYSE: NVRI) is a provider of environmental monitoring, data intelligence and sustainability solutions for critical infrastructure and industrial operations. The company integrates Internet of Things (IoT) sensor hardware, cloud-based analytics and field services to collect, process and visualize environmental data. Enviri’s platform supports real-time monitoring and historical trend analysis across water, air and wastewater streams to help clients meet regulatory requirements and manage environmental risk.

Enviri’s product suite includes ruggedized sensor networks, remote data loggers, automated sampling systems and a web-based analytics portal.