Elbit Systems (NASDAQ:ESLT - Get Free Report) is expected to announce its Q1 2025 earnings results before the market opens on Tuesday, May 20th. Analysts expect the company to announce earnings of $2.06 per share and revenue of $1.69 billion for the quarter.
Elbit Systems (NASDAQ:ESLT - Get Free Report) last posted its quarterly earnings results on Tuesday, March 18th. The aerospace company reported $2.66 earnings per share for the quarter, beating the consensus estimate of $1.95 by $0.71. Elbit Systems had a net margin of 4.00% and a return on equity of 11.34%. The firm had revenue of $1.93 billion during the quarter, compared to the consensus estimate of $1.78 billion. On average, analysts expect Elbit Systems to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.
Elbit Systems Trading Up 3.2%
Shares of Elbit Systems stock traded up $11.92 on Thursday, hitting $389.89. 49,790 shares of the company traded hands, compared to its average volume of 45,051. The stock's 50 day moving average price is $389.70 and its 200-day moving average price is $313.46. The company has a current ratio of 1.15, a quick ratio of 0.64 and a debt-to-equity ratio of 0.10. Elbit Systems has a 52 week low of $175.30 and a 52 week high of $426.40. The company has a market cap of $17.33 billion, a PE ratio of 66.65 and a beta of 0.31.
Elbit Systems Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, May 5th. Stockholders of record on Tuesday, April 22nd were paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 0.62%. The ex-dividend date of this dividend was Tuesday, April 22nd. This is an increase from Elbit Systems's previous quarterly dividend of $0.50. Elbit Systems's payout ratio is currently 27.72%.
Hedge Funds Weigh In On Elbit Systems
A hedge fund recently raised its stake in Elbit Systems stock. Royal Bank of Canada increased its stake in shares of Elbit Systems Ltd. (NASDAQ:ESLT - Free Report) by 98.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,464 shares of the aerospace company's stock after buying an additional 1,225 shares during the quarter. Royal Bank of Canada's holdings in Elbit Systems were worth $946,000 as of its most recent SEC filing. Institutional investors and hedge funds own 17.88% of the company's stock.
Wall Street Analysts Forecast Growth
Separately, StockNews.com downgraded shares of Elbit Systems from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, February 25th.
Check Out Our Latest Report on Elbit Systems
Elbit Systems Company Profile
(
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Elbit Systems Ltd. develops and supplies a portfolio of airborne, land, and naval systems and products for the defense, homeland security, and commercial aviation applications primarily in Israel. The company operates through Aerospace, C4I and Cyber, ISTAR and EW, Land, and Elbit Systems of America segments.
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