NYSE:AYI - Acuity Brands Stock Price, News, & Analysis

Acuity Brands trades on the New York Stock Exchange (NYSE) under the ticker symbol "AYI."

Acuity Brands declared a quarterly dividend on Friday, September 28th. Stockholders of record on Thursday, October 18th will be paid a dividend of $0.13 per share on Thursday, November 1st. This represents a $0.52 annualized dividend and a dividend yield of 0.42%. The ex-dividend date is Wednesday, October 17th. View Acuity Brands' Dividend History.

Acuity Brands announced that its Board of Directors has initiated a stock repurchase plan on Wednesday, April 4th 2018, which allows the company to repurchase 6,000,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's board believes its shares are undervalued.

Acuity Brands, Inc. (NYSE:AYI) released its quarterly earnings results on Wednesday, October, 3rd. The electronics maker reported $2.68 earnings per share for the quarter, topping the consensus estimate of $2.56 by $0.12. The electronics maker earned $1.06 billion during the quarter, compared to analyst estimates of $1.01 billion. Acuity Brands had a return on equity of 20.30% and a net margin of 9.50%. The business's revenue was up 10.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.55 EPS. View Acuity Brands' Earnings History.

Acuity Brands is scheduled to release their next quarterly earnings announcement on Tuesday, January 8th 2019. View Earnings Estimates for Acuity Brands.

Acuity Brands updated its fourth quarter earnings guidance on Wednesday, October, 3rd. The company provided EPS guidance of $2.70 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.67. The company issued revenue guidance of $1.06 billion, compared to the consensus revenue estimate of $1.01 billion.

12 brokerages have issued 12-month target prices for Acuity Brands' stock. Their predictions range from $105.00 to $180.00. On average, they anticipate Acuity Brands' share price to reach $150.8889 in the next year. This suggests a possible upside of 23.2% from the stock's current price. View Analyst Price Targets for Acuity Brands.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Acuity Brands in the last year. There are currently 2 sell ratings, 5 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Acuity Brands.

Some companies that are related to Acuity Brands include AZZ (AZZ), Sql Technologies C (SQFL), LSI Industries (LYTS), Revolution Lighting Technologies (RVLT), Orion Energy Systems (OESX), Energy Focus (EFOI), Capstone Companies (CAPC), Lighting Science Group (LSCG) and ExeLED (ELED).

Acuity Brands' stock is owned by a number of of retail and institutional investors. Top institutional investors include Riverbridge Partners LLC (0.75%), Bank of Montreal Can (0.41%), Scout Investments Inc. (0.33%), Andra AP fonden (0.11%), West Coast Financial LLC (0.07%) and Texas Permanent School Fund (0.06%). Company insiders that own Acuity Brands stock include George Douglas Dillard Jr, Mark A Black, Peter C Browning, Ray M Robinson and W Patrick Battle. View Institutional Ownership Trends for Acuity Brands.

AYI stock was sold by a variety of institutional investors in the last quarter, including Andra AP fonden, Davis R M Inc., Riverbridge Partners LLC, Guinness Atkinson Asset Management Inc, Guinness Asset Management Ltd, Texas Permanent School Fund, Essex Investment Management Co. LLC and Xact Kapitalforvaltning AB. View Insider Buying and Selling for Acuity Brands.

AYI stock was bought by a variety of institutional investors in the last quarter, including Scout Investments Inc., Bank of Montreal Can, Bright Rock Capital Management LLC, Fox Run Management L.L.C., Aperio Group LLC, Atria Investments LLC and West Coast Financial LLC. Company insiders that have bought Acuity Brands stock in the last two years include George Douglas Dillard Jr and W Patrick Battle. View Insider Buying and Selling for Acuity Brands.

Shares of AYI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of AYI stock can currently be purchased for approximately $122.44.

Acuity Brands has a market capitalization of $4.98 billion and generates $3.68 billion in revenue each year. The electronics maker earns $349.60 million in net income (profit) each year or $8.22 on an earnings per share basis. Acuity Brands employs 12,500 workers across the globe.

The official website for Acuity Brands is http://www.acuitybrands.com.

Acuity Brands' mailing address is 1170 PEACHTREE STREET NE SUITE 2300, ATLANTA GA, 30309. The electronics maker can be reached via phone at 404-853-1400 or via email at [email protected]