LON:MROMelrose Industries Share Price, Forecast & News

Melrose Industries' stock was trading at GBX 168.35 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MRO stock has decreased by 30.5% and is now trading at GBX 117. View which stocks have been most impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Melrose Industries in the last year. There are currently 2 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Melrose Industries.

Melrose Industries PLC (LON:MRO) posted its earnings results on Thursday, March, 5th. The company reported $14.30 EPS for the quarter, topping the Zacks' consensus estimate of $13.40 by $0.90. View Melrose Industries' earnings history.

Melrose Industries declared a dividend on Thursday, March 5th. Stockholders of record on Thursday, April 2nd will be given a dividend of GBX 3.40 per share on Wednesday, May 20th. This represents a dividend yield of 1.74%. The ex-dividend date is Thursday, April 2nd. This is an increase from Melrose Industries's previous dividend of GBX 1.70. The official announcement can be viewed at this link. View Melrose Industries' dividend history.

11 brokerages have issued 12-month target prices for Melrose Industries' stock. Their forecasts range from GBX 100 to GBX 270. On average, they anticipate Melrose Industries' share price to reach GBX 171.30 in the next year. This suggests a possible upside of 46.4% from the stock's current price. View analysts' price targets for Melrose Industries.

News articles about MRO stock have been trending negative this week, InfoTrie reports. The research firm scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Melrose Industries earned a news impact score of -2.4 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news about 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), Energy Technologies (EGY), Northbridge Industrial Services (NBI), CynergisTek (CTEK), Xeros Technology Group (XSG), Continental Materials (CUO), International Corona Capital (IC), Tricorn Group (TCN) and Chamberlin (CMH). View all competitors.

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), Hochschild Mining (HOC) and Randgold Resources (RRS).

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

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 117.

Melrose Industries has a market capitalization of £5.68 billion and generates £10.97 billion in revenue each year.

The official website for Melrose Industries is 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.