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 given a dividend of $0.13 per share on Thursday, November 1st. This represents a $0.52 dividend on an annualized basis 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 has approved a share repurchase plan on Wednesday, April 4th 2018, which authorizes the company to repurchase 6,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company's leadership believes its shares are undervalued.

Acuity Brands, Inc. (NYSE:AYI) issued its earnings results on Wednesday, October, 3rd. The electronics maker reported $2.68 EPS for the quarter, beating analysts' consensus estimates of $2.56 by $0.12. The electronics maker earned $1.06 billion during the quarter, compared to analysts' expectations of $1.01 billion. Acuity Brands had a net margin of 9.50% and a return on equity of 20.30%. The business's quarterly revenue was up 10.8% compared to the same quarter last year. During the same quarter last year, the firm earned $2.55 earnings per share. 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 earnings per share guidance of $2.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.67. The company issued revenue guidance of $1.06 billion, compared to the consensus revenue estimate of $1.01 billion.

12 equities research analysts have issued 12 month target prices for Acuity Brands' stock. Their forecasts range from $105.00 to $180.00. On average, they expect Acuity Brands' share price to reach $150.8889 in the next year. This suggests a possible upside of 21.8% 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.

News headlines about AYI stock have been trending very positive on Wednesday, InfoTrie reports. The research firm ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Acuity Brands earned a media sentiment score of 3.1 on InfoTrie's scale. They also assigned news stories about the electronics maker a news buzz of 8.0 out of 10, indicating that recent press coverage is very likely to have an impact on the stock's share price in the immediate future.

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

Acuity Brands' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.08%), FMR LLC (4.94%), International Value Advisers LLC (3.80%), Atlanta Capital Management Co. L L C (3.76%), JPMorgan Chase & Co. (3.74%) and American Century Companies Inc. (2.57%). 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 International Value Advisers LLC, FMR LLC, Atlanta Capital Management Co. L L C, Schroder Investment Management Group, Prudential Financial Inc., BlackRock Inc., Wells Fargo & Company MN and Mitsubishi UFJ Trust & Banking Corp. View Insider Buying and Selling for Acuity Brands.

AYI stock was purchased by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., Seizert Capital Partners LLC, Panagora Asset Management Inc., LSV Asset Management, JPMorgan Chase & Co., Scout Investments Inc., American Century Companies Inc. and Skandinaviska Enskilda Banken AB publ. 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 $123.85.

Acuity Brands has a market capitalization of $4.96 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 13,000 workers across the globe.

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

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