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 shares have decreased by 44.7% and is now trading at GBX 93.18. 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 1 hold rating and 10 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 earnings per share for the quarter, beating analysts' consensus estimates of $13.40 by $0.90. View Melrose Industries' earnings history.

Melrose Industries announced a dividend on Thursday, March 5th. Investors of record on Thursday, April 2nd will be paid a dividend of GBX 3.40 per share on Wednesday, May 20th. This represents a dividend yield of 1.74%. The ex-dividend date of this dividend 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 brokers 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' stock price to reach GBX 174.22 in the next twelve months. This suggests a possible upside of 87.0% from the stock's current price. View analysts' price targets for Melrose Industries.

News headlines about MRO stock have trended extremely negative this week, according to InfoTrie. The research group scores the sentiment of media coverage by analyzing 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 closest to five being the most favorable. Melrose Industries earned a news sentiment score of -4.5 on InfoTrie's scale. They also gave media stories about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the near term. View the latest news aboutMelrose 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), Energy Technologies (EGY), Northbridge Industrial Services (NBI), CynergisTek (CTEK), Continental Materials (CUO), Xeros Technology Group (XSG), 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 93.18.

Melrose Industries has a market capitalization of £4.53 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.