Marks and Spencer Group (OTCMKTS:MAKSY - Get Free Report) is expected to be posting its quarterly earnings results before the market opens on Wednesday, May 28th. Analysts expect Marks and Spencer Group to post earnings of $0.41 per share and revenue of $9.64 billion for the quarter.
Marks and Spencer Group Trading Up 0.4%
Shares of OTCMKTS:MAKSY traded up $0.04 during trading hours on Friday, hitting $10.37. 46,882 shares of the company's stock traded hands, compared to its average volume of 82,313. The business has a fifty day moving average price of $10.13 and a 200-day moving average price of $9.53. Marks and Spencer Group has a 1 year low of $7.20 and a 1 year high of $11.51. The company has a quick ratio of 0.45, a current ratio of 0.82 and a debt-to-equity ratio of 0.84.
Marks and Spencer Group Increases Dividend
The firm also recently declared a dividend, which will be paid on Friday, July 11th. Investors of record on Tuesday, June 3rd will be paid a dividend of $0.0698 per share. This is a positive change from Marks and Spencer Group's previous dividend of $0.03. This represents a dividend yield of 0.91%. The ex-dividend date of this dividend is Monday, June 2nd.
Analyst Upgrades and Downgrades
Separately, Peel Hunt downgraded Marks and Spencer Group from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, May 21st.
Get Our Latest Stock Report on Marks and Spencer Group
About Marks and Spencer Group
(
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Marks and Spencer Group plc operates various retail stores. It operates through five segments: UK Clothing & Home, UK Food, International, Ocado, and All Other. The company offers protein deli and dairy; produce; ambient and in-store bakery; meals dessert and frozen; and hospitality and Food on the Move' products.
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