E.On Se (OTCMKTS:EONGY) Given Average Rating of "Hold" by Analysts

Shares of E.On Se (OTCMKTS:EONGY - Get Free Report) have earned a consensus recommendation of "Hold" from the seven research firms that are currently covering the firm, MarketBeat reports. Five equities research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company.

EONGY has been the topic of a number of research analyst reports. DZ Bank downgraded E.On from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, April 23rd. Morgan Stanley reissued an "overweight" rating on shares of E.On in a research report on Thursday, May 15th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of E.On in a report on Thursday, May 15th. Citigroup raised shares of E.On to a "hold" rating in a report on Wednesday, May 28th. Finally, Oddo Bhf cut shares of E.On to a "neutral" rating in a research note on Thursday, May 15th.

E.On Stock Down 1.3%

EONGY traded down $0.24 during mid-day trading on Friday, reaching $17.64. 106,544 shares of the stock were exchanged, compared to its average volume of 360,010. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.82 and a current ratio of 0.87. The stock has a market capitalization of $46.07 billion, a PE ratio of 9.69, a price-to-earnings-growth ratio of 6.32 and a beta of 0.78. The company has a 50 day moving average price of $17.34 and a two-hundred day moving average price of $14.31. E.On has a 1 year low of $10.65 and a 1 year high of $18.11.

E.On (OTCMKTS:EONGY - Get Free Report) last released its quarterly earnings results on Wednesday, May 14th. The utilities provider reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.02. E.On had a net margin of 2.20% and a return on equity of 7.45%. The business had revenue of $28.28 billion for the quarter. As a group, research analysts anticipate that E.On will post 1.16 EPS for the current year.

E.On Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, May 27th. Stockholders of record on Tuesday, May 20th were given a dividend of $0.4256 per share. The ex-dividend date of this dividend was Monday, May 19th. This represents a dividend yield of 2.48%. E.On's dividend payout ratio is presently 24.73%.

E.On Company Profile

E.ON SE operates as an energy company in Germany, the United Kingdom, Sweden, the Netherlands, rest of Europe, and internationally. It operates through two segments, Energy Networks and Customer Solutions. The Energy Networks segment operates power and gas distribution networks, as well as provides maintenance, repairs, and related services.