Arcosa, Inc. Plans Quarterly Dividend of $0.05 (NYSE:ACA)

Key Points

• Arcosa, Inc. announced a quarterly dividend of $0.05 per share, payable to shareholders on October 31st, with a current annual yield of 0.2%.
• The company maintains a low payout ratio of 4.3%, indicating earnings sufficiently cover the dividend, and analysts expect earnings of $4.56 per share for the next year.
• DA Davidson upgraded Arcosa's price target from $110 to $120, signaling a "buy" rating, supported by an overall average rating of "Buy" from several analysts.

Arcosa, Inc. (NYSE:ACA - Get Free Report) declared a quarterly dividend on Wednesday, September 10th, RTT News reports. Shareholders of record on Wednesday, October 15th will be given a dividend of 0.05 per share on Friday, October 31st. This represents a c) dividend on an annualized basis and a yield of 0.2%.

Arcosa has a payout ratio of 4.3% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Arcosa to earn $4.56 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 4.4%.

Arcosa Trading Up 0.6%

Shares of ACA stock opened at $96.16 on Thursday. The stock has a market capitalization of $4.72 billion, a PE ratio of 51.15 and a beta of 1.00. Arcosa has a 1-year low of $68.11 and a 1-year high of $113.43. The business has a 50-day moving average of $92.74 and a 200 day moving average of $86.51. The company has a debt-to-equity ratio of 0.67, a current ratio of 2.12 and a quick ratio of 1.35.

Arcosa (NYSE:ACA - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The company reported $1.27 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.05 by $0.22. The business had revenue of $736.90 million for the quarter, compared to analyst estimates of $754.20 million. Arcosa had a net margin of 3.45% and a return on equity of 6.25%. The company's revenue was up 10.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.91 EPS. Arcosa has set its FY 2025 guidance at EPS. As a group, sell-side analysts anticipate that Arcosa will post 3.23 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, DA Davidson increased their price target on shares of Arcosa from $110.00 to $120.00 and gave the company a "buy" rating in a research report on Monday, August 11th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of "Buy" and an average target price of $112.00.

Arcosa Company Profile

Arcosa, Inc, together with its subsidiaries, provides infrastructure-related products and solutions for the construction, engineered structures, and transportation markets in the United States. It operates through three segments: Construction Products, Engineered Structures, and Transportation Products.

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