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. Shareholders of record on Thursday, September 12th will be paid a dividend of GBX 1.70 per share on Friday, October 11th. This represents a 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) released its quarterly earnings results on Thursday, September, 6th. The company reported $5.80 EPS for the quarter, topping analysts' consensus estimates of $4.40 by $1.40. View Melrose Industries' Earnings History.

12 brokerages have issued twelve-month price objectives for Melrose Industries' stock. Their forecasts range from GBX 230 to GBX 285. On average, they expect Melrose Industries' share price to reach GBX 255.45 in the next year. This suggests a possible upside of 5.7% 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 11 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Melrose Industries.

News stories about MRO stock have trended somewhat positive on Tuesday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Melrose Industries earned a news impact score of 2.0 on InfoTrie's scale. They also gave media stories 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 near future. 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), Northbridge Industrial Services (NBI), CynergisTek (CTEK), 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 241.70.

Melrose Industries has a market capitalization of £11.74 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.