Imperial Brands (LON:IMB) Shares Down 6.4% - What's Next?

Imperial Brands PLC (LON:IMB - Get Free Report)'s share price fell 6.4% during trading on Wednesday . The stock traded as low as GBX 2,648 ($35.22) and last traded at GBX 2,705.54 ($35.98). 5,514,675 shares were traded during mid-day trading, a decline of 16% from the average session volume of 6,558,627 shares. The stock had previously closed at GBX 2,890 ($38.44).

Imperial Brands Stock Up 1.4%

The company has a 50-day simple moving average of GBX 2,883.09 and a 200 day simple moving average of GBX 2,703.24. The company has a market cap of £22.70 billion, a P/E ratio of 11.45, a P/E/G ratio of 16.51 and a beta of 0.42. The company has a current ratio of 0.72, a quick ratio of 0.41 and a debt-to-equity ratio of 166.91.

Imperial Brands (LON:IMB - Get Free Report) last announced its quarterly earnings data on Wednesday, May 14th. The company reported GBX 123.90 ($1.65) EPS for the quarter. Imperial Brands had a return on equity of 41.84% and a net margin of 11.44%. On average, equities analysts anticipate that Imperial Brands PLC will post 246.5723613 EPS for the current year.

Imperial Brands Increases Dividend

The company also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, February 20th were given a dividend of GBX 54.26 ($0.72) per share. This is an increase from Imperial Brands's previous dividend of $22.45. The ex-dividend date of this dividend was Thursday, February 20th. This represents a dividend yield of 2.43%. Imperial Brands's dividend payout ratio is presently 64.80%.

Insider Transactions at Imperial Brands

In other news, insider Stefan Bomhard sold 112,183 shares of the stock in a transaction on Monday, February 17th. The stock was sold at an average price of GBX 2,788 ($37.08), for a total transaction of £3,127,662.04 ($4,159,678.20). Corporate insiders own 7.33% of the company's stock.

Imperial Brands Company Profile

We are Imperial Brands, a global consumer-focused organisation and the fourth largest international tobacco company. We're driven by our purpose: to forge a path to a healthier future for moments of relaxation and pleasure. The world's one billion adult smokers are seeking new and potentially less harmful products and we are committed to meeting their diverse and evolving needs.