Jabil, Inc. (NYSE:JBL) Shareholders to Get $0.08 Quarterly Dividend

Jabil, Inc. (NYSE:JBL) announced a quarterly dividend on Thursday, October 22nd. Investors of record on Monday, November 16th will be given a dividend of $0.08 per share by the technology company on Wednesday, December 2nd. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend is Monday, November 16th.

Jabil has a dividend payout ratio of 3.1% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Jabil to earn $20.60 per share next year, which means the company should continue to be able to cover its $0.32 annual dividend with an expected future payout ratio of 1.6%.

Jabil Stock Down 5.0%

Shares of NYSE JBL opened at $266.94 on Friday. The firm’s 50-day moving average is $306.29 and its two-hundred day moving average is $329.11. The company has a market capitalization of $27.97 billion, a PE ratio of 27.29, a price-to-earnings-growth ratio of 0.84 and a beta of 1.30. Jabil has a 12-month low of $189.60 and a 12-month high of $428.93. The company has a debt-to-equity ratio of 1.78, a current ratio of 0.99 and a quick ratio of 0.65.

Jabil (NYSE:JBL) last released its earnings results on Wednesday, September 30th. The technology company reported $4.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.05 by $0.35. Jabil had a net margin of 2.90% and a return on equity of 89.50%. The company had revenue of $10.62 billion for the quarter, compared to analyst estimates of $9.69 billion. During the same period in the prior year, the firm earned $3.29 EPS. The firm’s quarterly revenue was up 28.6% on a year-over-year basis. Jabil has set its Q1 2027 guidance at 3.800-4.200 EPS and its FY 2027 guidance at 17.550-17.550 EPS. Equities analysts anticipate that Jabil will post 16.53 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on JBL shares. Weiss Ratings lowered Jabil from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, September 16th. Argus restated a “buy” rating and issued a $475.00 target price on shares of Jabil in a research note on Thursday, October 1st. UBS Group restated a “buy” rating on shares of Jabil in a research report on Thursday, October 8th. Barclays dropped their target price on Jabil from $426.00 to $378.00 and set an “overweight” rating on the stock in a research report on Thursday, October 1st. Finally, The Goldman Sachs Group reduced their price target on shares of Jabil from $482.00 to $375.00 and set a “buy” rating for the company in a report on Tuesday, September 8th. Two analysts have rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the company’s stock. According to data from MarketBeat.com, Jabil currently has an average rating of “Buy” and an average price target of $434.22.

About Jabil

Jabil Inc is a global manufacturing services company that helps leading brands design, produce and manage the supply chains for a wide range of products. Its services include product design and engineering, electronics and mechanical manufacturing, assembly, testing, packaging, supply chain management and aftermarket services.

The company serves customers across several industries, including cloud and data center infrastructure, automotive, healthcare, mobility, consumer products, industrial technology and packaging.