Melrose Industries - MRO Share Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Melrose Industries in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" MRO shares.
View MRO analyst ratings or view top-rated stocks.

5 brokers have issued twelve-month target prices for Melrose Industries' shares. Their MRO share price forecasts range from GBX 176 to GBX 220. On average, they predict the company's stock price to reach GBX 203.20 in the next twelve months. This suggests a possible upside of 33.0% from the stock's current price.
View analysts price targets for MRO or view top-rated stocks among Wall Street analysts.

Melrose Industries' stock was trading at GBX 159.90 at the start of the year. Since then, MRO stock has decreased by 4.4% and is now trading at GBX 152.80.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, September 8th 2022.
View our MRO earnings forecast.

Melrose Industries PLC (LON:MRO) issued its quarterly earnings results on Thursday, September, 3rd. The company reported ($0.70) earnings per share for the quarter, missing analysts' consensus estimates of $0.70 by $1.40.

Melrose Industries declared a dividend on Thursday, March 3rd. Investors of record on Thursday, April 7th will be paid a dividend of GBX 1 per share on Friday, May 20th. This represents a dividend yield of 0.75%. The ex-dividend date is Thursday, April 7th. This is a positive change from the stock's previous dividend of GBX 0.75. The official announcement can be viewed at this link.
Read our dividend analysis for MRO.

Melrose Industries (LON:MRO) pays an annual dividend of GBX 0.02 per share and currently has a dividend yield of 1.16%. The dividend payout ratio is 0.09%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for MRO.

Based on aggregate information from My MarketBeat watchlists, some companies that other Melrose Industries investors own include KAZ Minerals (KAZ), Petra Diamonds (PDL), Sophos Group plc (SOPH.L) (SOPH), Porta Communications (PTCM), KAZ Minerals (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 stock 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.
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One share of MRO stock can currently be purchased for approximately GBX 152.80.

Melrose Industries (LON:MRO) has a market capitalization of £6.20 billion and generates £6.88 billion in revenue each year.

The company employs 37,336 workers across the globe.

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