Stellantis (STLA) Scheduled to Post Quarterly Earnings on Tuesday

Stellantis (NYSE:STLA - Get Free Report) is scheduled to release its earnings data before the market opens on Tuesday, April 30th.

Stellantis Stock Performance

Shares of NYSE STLA traded up $0.38 during midday trading on Tuesday, reaching $24.96. The company's stock had a trading volume of 5,392,120 shares, compared to its average volume of 5,486,021. The company has a quick ratio of 0.95, a current ratio of 1.24 and a debt-to-equity ratio of 0.24. The company has a 50 day moving average price of $26.99 and a 200 day moving average price of $23.36. Stellantis has a one year low of $15.07 and a one year high of $29.51.

Stellantis Announces Dividend

The firm also recently announced an annual dividend, which will be paid on Friday, May 3rd. Investors of record on Tuesday, April 23rd will be issued a $1.147 dividend. The ex-dividend date of this dividend is Monday, April 22nd. This represents a dividend yield of 4.55%.

Analysts Set New Price Targets

A number of research firms recently commented on STLA. Sanford C. Bernstein downgraded shares of Stellantis from an "outperform" rating to a "market perform" rating in a report on Wednesday, February 28th. Morgan Stanley boosted their price target on shares of Stellantis from $26.00 to $30.40 and gave the company an "overweight" rating in a report on Thursday, April 11th. HSBC lowered shares of Stellantis from a "buy" rating to a "hold" rating in a report on Wednesday, January 24th. Piper Sandler started coverage on shares of Stellantis in a report on Friday, March 15th. They set an "overweight" rating and a $39.00 price target on the stock. Finally, Wolfe Research started coverage on shares of Stellantis in a report on Thursday, February 1st. They set an "outperform" rating on the stock. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $30.28.

Insider Activity at Stellantis

In other Stellantis news, major shareholder N.V. Stellantis bought 800,000 shares of the firm's stock in a transaction on Monday, March 11th. The stock was bought at an average cost of $4.83 per share, with a total value of $3,864,000.00. Following the completion of the transaction, the insider now directly owns 36,251,720 shares of the company's stock, valued at approximately $175,095,807.60. The purchase was disclosed in a document filed with the SEC, which is available through this link. Over the last three months, insiders have purchased 3,150,000 shares of company stock valued at $15,724,500.

About Stellantis

Stellantis N.V. engages in the design, engineering, manufacturing, distribution, and sale of automobiles and light commercial vehicles, engines, transmission systems, metallurgical products, mobility services, and production systems worldwide. It provides luxury and premium vehicles; sport utility vehicles; American and European brand vehicles; and parts and services, as well as retail and dealer financing, leasing, and rental services.