LON:MRO - Melrose Industries Share Price, Forecast & News

Melrose Industries trades on the London Stock Exchange (LON) under the ticker symbol "MRO."

Melrose Industries declared a dividend on Thursday, September 5th. Stockholders of record on Thursday, September 12th will be given a dividend of GBX 1.70 per share on Friday, October 11th. This represents a dividend yield of 0.84%. The ex-dividend date of this dividend is Thursday, September 12th. The official announcement can be accessed at this link. View Melrose Industries' Dividend History.

Melrose Industries PLC (LON:MRO) posted its quarterly earnings data on Thursday, September, 6th. The company reported $5.80 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $4.40 by $1.40. View Melrose Industries' Earnings History.

12 brokerages have issued 1-year target prices for Melrose Industries' shares. Their forecasts range from GBX 230 to GBX 285. On average, they anticipate Melrose Industries' stock price to reach GBX 252.50 in the next twelve months. This suggests a possible upside of 12.2% from the stock's current price. View Analyst Price Targets for Melrose Industries.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Melrose Industries in the last year. There are currently 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Melrose Industries.

News stories about MRO stock have trended very negative recently, InfoTrie reports. The research group rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Melrose Industries earned a news sentiment score of -3.9 on InfoTrie's scale. They also gave headlines about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days. View News Stories for Melrose Industries.

Some companies that are related to Melrose Industries include Smiths Group (SMIN), Weir Group (WEIR), GUD (GUD), Goodwin (GDWN), dynaCERT (DYA), Castings (CGS), Velan (VLN), Northbridge Industrial Services (NBI), CynergisTek (CTEK), Energy Technologies (EGY), Continental Materials (CUO), Xeros Technology Group (XSG), International Corona Capital (IC), Tricorn Group (TCN) and Chamberlin (CMH).

Based on aggregate information from My MarketBeat watchlists, some companies that other Melrose Industries investors own include KAZ Minerals (KAZ), Petra Diamonds (PDL), Randgold Resources (GOLD), Sophos Group (SOPH), Porta Communications (PTCM), KAZ MINL PLC/ADR (KZMYY), Sirius Minerals (SXX), Sophos Group (SPHHF), Randgold Resources (RRS) and Hochschild Mining (HOC).

Shares of MRO and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.

One share of MRO stock can currently be purchased for approximately GBX 225.

Melrose Industries has a market capitalization of £10.93 billion and generates £11.46 billion in revenue each year. View Additional Information About Melrose Industries.

The official website for Melrose Industries is http://www.melroseplc.net/.

Melrose Industries' mailing address is Leconfield House, Curzon Street, LONDON, W1J 5JA, United Kingdom. The company can be reached via phone at +44-20-76474500.