KBR, Inc. (NYSE:KBR) Announces $0.17 Quarterly Dividend

Key Points

• KBR, Inc. announced a quarterly dividend of $0.17 per share, set to be distributed on January 15, with a dividend yield of 1.5%.
• The company's dividend payout ratio stands at 15.5%, indicating robust earnings support for the annual dividend of $0.66, which is expected to be maintainable with projected earnings.
• Despite a recent stock price decline of 0.8%, analysts maintain a consensus target price of $62.78 with a mix of buy and hold ratings from various research firms.

KBR, Inc. (NYSE:KBR - Get Free Report) announced a quarterly dividend on Thursday, October 16th. Stockholders of record on Monday, December 15th will be given a dividend of 0.165 per share by the construction company on Thursday, January 15th. This represents a c) annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Monday, December 15th.

KBR has a dividend payout ratio of 15.5% meaning its dividend is sufficiently covered by earnings. Equities analysts expect KBR to earn $3.83 per share next year, which means the company should continue to be able to cover its $0.66 annual dividend with an expected future payout ratio of 17.2%.

KBR Stock Down 0.8%

KBR opened at $43.74 on Friday. The business has a 50 day simple moving average of $48.58 and a 200-day simple moving average of $49.79. The stock has a market capitalization of $5.64 billion, a P/E ratio of 15.85, a P/E/G ratio of 0.88 and a beta of 0.68. KBR has a 12 month low of $42.94 and a 12 month high of $72.60. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.13 and a quick ratio of 1.13.

KBR (NYSE:KBR - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The construction company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.03. The firm had revenue of $1.95 billion during the quarter, compared to analysts' expectations of $2.10 billion. KBR had a return on equity of 33.65% and a net margin of 4.52%.KBR's revenue was up 5.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.83 earnings per share. KBR has set its FY 2025 guidance at 3.780-3.88 EPS. On average, equities analysts anticipate that KBR will post 3.26 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on KBR. Stifel Nicolaus raised their price target on KBR from $78.00 to $80.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. DA Davidson dropped their price target on KBR from $72.00 to $65.00 and set a "buy" rating for the company in a research report on Friday, August 1st. UBS Group downgraded KBR from a "buy" rating to a "neutral" rating and dropped their price target for the stock from $66.00 to $54.00 in a research report on Wednesday, July 2nd. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of KBR in a research report on Wednesday, October 8th. Finally, KeyCorp downgraded KBR from an "overweight" rating to a "sector weight" rating in a research report on Monday, June 23rd. Four research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $62.78.

About KBR

KBR, Inc provides scientific, technology, and engineering solutions to governments and commercial customers worldwide. It operates through Government Solutions and Sustainable Technology Solutions segments. The Government Solutions segment offers life-cycle support solutions to defense, intelligence, space, aviation, and other programs and missions for military and other government agencies in the United States, the United Kingdom, and Australia.

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