Atlas (ATCO) Stock Price, News & Analysis

Atlas Corp. (NYSE:ATCO) issued its quarterly earnings results on Monday, November, 8th. The company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.24. The company had revenue of $451.90 million for the quarter, compared to analysts' expectations of $409.15 million. Atlas had a trailing twelve-month return on equity of 12.16% and a net margin of 36.66%. The firm's revenue for the quarter was up 17.0% on a year-over-year basis. During the same period last year, the firm earned $0.27 EPS.

Atlas (NYSE:ATCO) pays an annual dividend of $0.50 per share and currently has a dividend yield of 3.23%. The dividend payout ratio is 25.51%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ATCO will have a dividend payout ratio of 28.25% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ATCO.

Based on aggregate information from My MarketBeat watchlists, some companies that other Atlas investors own include Brookfield Infrastructure Partners (BIP), Bank of America (BAC), Alibaba Group (BABA), Boeing (BA), Broadcom (AVGO), Activision Blizzard (ATVI), Ares Capital (ARCC), Apollo Investment (AINV), AGNC Investment (AGNC) and Abbott Laboratories (ABT).