Genpact Limited (NYSE:G) Plans Quarterly Dividend of $0.17

Key Points

• Genpact Limited has announced a quarterly dividend of $0.17 per share, set to be paid on December 23rd to stockholders of record by December 9th, representing an annual yield of 1.7%.
• The company reported a net margin of 10.92% and earnings per share (EPS) of $0.88 in its last quarterly results, exceeding analysts' expectations by $0.03.
• Genpact's current market capital is approximately $7 billion, with a PE ratio of 13.35 and a PEG ratio of 1.40, indicating a stable financial profile.

Genpact Limited (NYSE:G - Get Free Report) announced a quarterly dividend on Thursday, October 9th, RTT News reports. Stockholders of record on Tuesday, December 9th will be given a dividend of 0.17 per share by the business services provider on Tuesday, December 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 1.7%.

Genpact has a dividend payout ratio of 18.2% meaning its dividend is sufficiently covered by earnings. Analysts expect Genpact to earn $3.49 per share next year, which means the company should continue to be able to cover its $0.68 annual dividend with an expected future payout ratio of 19.5%.

Genpact Trading Down 1.2%

Shares of Genpact stock traded down $0.47 on Thursday, reaching $40.19. The company had a trading volume of 1,635,084 shares, compared to its average volume of 1,662,682. The firm's 50 day moving average price is $43.11 and its two-hundred day moving average price is $44.74. The firm has a market cap of $7.00 billion, a PE ratio of 13.35, a PEG ratio of 1.40 and a beta of 0.89. Genpact has a 52-week low of $37.82 and a 52-week high of $56.76. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.53 and a current ratio of 1.53.

Genpact (NYSE:G - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The business services provider reported $0.88 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.85 by $0.03. The business had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.23 billion. Genpact had a net margin of 10.92% and a return on equity of 22.15%. The business's revenue was up 6.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.79 EPS. Genpact has set its FY 2025 guidance at 3.510-3.580 EPS. Q3 2025 guidance at 0.890-0.900 EPS. Sell-side analysts predict that Genpact will post 3.21 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently weighed in on G. Weiss Ratings reiterated a "hold (c)" rating on shares of Genpact in a research note on Wednesday. Mizuho increased their price target on shares of Genpact from $48.00 to $51.00 and gave the stock a "neutral" rating in a research note on Tuesday, July 1st. JPMorgan Chase & Co. decreased their price target on shares of Genpact from $55.00 to $50.00 and set a "neutral" rating for the company in a research note on Wednesday, August 20th. Wall Street Zen cut shares of Genpact from a "buy" rating to a "hold" rating in a research note on Friday, September 5th. Finally, Deutsche Bank Aktiengesellschaft started coverage on shares of Genpact in a research note on Thursday, July 17th. They issued a "hold" rating and a $47.00 target price for the company. Three equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $52.29.

About Genpact

Genpact Limited provides business process outsourcing and information technology services in India, rest of Asia, North and Latin America, and Europe. It operates through three segments: Financial services; Consumer and Healthcare; and High Tech and Manufacturing. The Financial Services segment offers retail customer onboarding, customer service, collections, card servicing operations, loan and payment operations, commercial loan, equipment and auto loan, mortgage origination, compliance services, reporting and monitoring, and wealth management operations support; financial crime and risk management services; and underwriting support, new business processing, policy administration, claims management, catastrophe modeling and actuarial services, as well as property and casualty claims.

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