Leonardo DRS, Inc. (NASDAQ:DRS) Plans Quarterly Dividend of $0.09

Leonardo DRS, Inc. (NASDAQ:DRS) announced a quarterly dividend on Thursday, July 30th. Shareholders of record on Thursday, August 13th will be paid a dividend of 0.09 per share on Thursday, August 27th. This represents a c) dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Thursday, August 13th.

Leonardo DRS has a dividend payout ratio of 28.8% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Leonardo DRS to earn $1.42 per share next year, which means the company should continue to be able to cover its $0.36 annual dividend with an expected future payout ratio of 25.4%.

Leonardo DRS Stock Down 2.0%

Shares of DRS stock opened at $45.62 on Friday. The stock has a market cap of $12.17 billion, a P/E ratio of 42.64, a PEG ratio of 3.36 and a beta of 0.36. Leonardo DRS has a 52 week low of $32.43 and a 52 week high of $50.59. The company has a quick ratio of 1.52, a current ratio of 1.86 and a debt-to-equity ratio of 0.05. The company’s fifty day simple moving average is $45.65 and its two-hundred day simple moving average is $43.90.

Leonardo DRS (NASDAQ:DRS) last issued its quarterly earnings data on Thursday, July 30th. The company reported $0.35 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.08. Leonardo DRS had a return on equity of 12.02% and a net margin of 7.85%.The firm had revenue of $913.00 million during the quarter, compared to analyst estimates of $903.27 million. During the same quarter last year, the business posted $0.23 earnings per share. The business’s quarterly revenue was up 10.1% compared to the same quarter last year. Leonardo DRS has set its FY 2026 guidance at 1.340-1.390 EPS. Analysts predict that Leonardo DRS will post 1.3 EPS for the current fiscal year.

Trending Headlines about Leonardo DRS

Here are the key news stories impacting Leonardo DRS this week:

• Positive Sentiment: Q2 results exceeded expectations: Adjusted EPS was $0.35 versus the $0.27 consensus estimate, while revenue rose 10% year over year to $913 million, above expectations of approximately $903 million. Net earnings increased 59% to $86 million. Leonardo DRS Announces Financial Results for Second Quarter 2026
• Positive Sentiment: Profitability and demand improved: Adjusted EBITDA grew 33% to $128 million, with margin expanding to 14.0%. Bookings reached $1.1 billion, producing a record funded backlog of $5.1 billion, up 17% year over year. Growth was led by tactical radars, infrared sensing, electric power and propulsion, and naval network computing. Leonardo DRS Q2 2026 Earnings
• Positive Sentiment: Guidance was raised: Leonardo DRS increased 2026 adjusted EPS guidance to $1.34-$1.39 from $1.26-$1.30 and adjusted EBITDA guidance to $525-$540 million from $515-$530 million. The EPS range is above the $1.30 analyst consensus. Leonardo DRS Projects 2026 Adjusted EPS Guidance
• Positive Sentiment: Raft acquisition adds strategic growth potential: DRS agreed to acquire software company Raft for $450 million, expanding its capabilities in multi-domain AI, data fusion and mission software. The transaction could strengthen DRS’s position in higher-growth defense technology markets. Leonardo DRS to Acquire Software Company Raft
• Neutral Sentiment: The board declared another quarterly dividend of $0.09 per share, payable August 27 to shareholders of record August 13. The company also repurchased approximately $12 million of stock during the quarter.
• Negative Sentiment: Investors will monitor Raft’s integration, transaction financing and execution risks. Free cash flow was only $6 million in the quarter, although it improved year over year, and the acquisition could increase capital commitments.

About Leonardo DRS

Leonardo DRS is a U.S.-based defense technology company and wholly owned subsidiary of Italy’s Leonardo S.p.A. The firm specializes in developing and integrating mission-critical systems for military and government customers, with a primary focus on command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR). Its core offerings encompass advanced sensors, targeting systems, radars and electronic warfare solutions designed to enhance situational awareness and operational effectiveness across land, sea and air domains.

The company’s portfolio includes naval combat management systems, unmanned vehicle sensors, power generation and distribution equipment, and training and simulation solutions.