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

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

Melrose Industries announced a dividend on Thursday, September 5th. Shareholders 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 is Thursday, September 12th. The official announcement can be viewed at this link. View Melrose Industries' Dividend History.

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

Melrose Industries is scheduled to release their next quarterly earnings announcement on Thursday, March 5th 2020. View Earnings Estimates for Melrose Industries.

12 brokers have issued 1-year target prices for Melrose Industries' stock. Their forecasts range from GBX 230 to GBX 300. On average, they expect Melrose Industries' share price to reach GBX 260.91 in the next twelve months. This suggests a possible upside of 24.6% 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 headlines about MRO stock have trended very negative recently, according to InfoTrie Sentiment. The research group rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Melrose Industries earned a daily sentiment score of -4.0 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the next several days. View News Stories for Melrose Industries.

Some companies that are related to Melrose Industries include Smiths Group (SMIN), Weir Group (WEIR), GUD (GUD), dynaCERT (DYA), Goodwin (GDWN), Castings (CGS), Velan (VLN), CynergisTek (CTEK), Northbridge Industrial Services (NBI), Energy Technologies (EGY), Continental Materials (CUO), Xeros Technology Group (XSG), Tricorn Group (TCN), International Corona Capital (IC) 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 209.40.

Melrose Industries has a market capitalization of £10.17 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.