NYSE:TEX - Terex Stock Price, Forecast & News

Terex trades on the New York Stock Exchange (NYSE) under the ticker symbol "TEX."

Terex declared a quarterly dividend on Wednesday, February 12th. Stockholders of record on Friday, March 6th will be paid a dividend of $0.12 per share on Thursday, March 19th. This represents a $0.48 annualized dividend and a dividend yield of 2.17%. The ex-dividend date is Thursday, March 5th. This is a positive change from Terex's previous quarterly dividend of $0.11. View Terex's Dividend History.

Terex announced that its Board of Directors has initiated a stock buyback program on Thursday, July 12th 2018, which authorizes the company to buyback $300,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 8.7% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's leadership believes its stock is undervalued.

Terex Co. (NYSE:TEX) posted its earnings results on Thursday, February, 13th. The industrial products company reported $0.36 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.19 by $0.17. The industrial products company had revenue of $885 million for the quarter, compared to analysts' expectations of $894.66 million. Terex had a net margin of 1.25% and a return on equity of 27.17%. During the same quarter last year, the firm posted $0.51 earnings per share. View Terex's Earnings History.

Terex is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Terex.

Terex issued an update on its FY 2020 After-Hours earnings guidance on Thursday, February, 13th. The company provided earnings per share (EPS) guidance of 1.85-2.35 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.28. The company issued revenue guidance of $3.9-3.9 billion, compared to the consensus revenue estimate of $3.92 billion.

15 equities research analysts have issued 12 month target prices for Terex's shares. Their forecasts range from $20.00 to $44.00. On average, they expect Terex's stock price to reach $28.85 in the next twelve months. This suggests a possible upside of 30.3% from the stock's current price. View Analyst Price Targets for Terex.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Terex in the last year. There are currently 4 sell ratings, 9 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Terex.

Media stories about TEX stock have trended very negative recently, according to InfoTrie Sentiment. The research firm rates the sentiment of media 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 -5 to 5, with scores nearest to five being the most favorable. Terex earned a daily sentiment score of -3.2 on InfoTrie's scale. They also assigned media coverage about the industrial products company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View News Stories for Terex.

Terex saw a increase in short interest during the month of January. As of January 15th, there was short interest totalling 4,870,000 shares, an increase of 12.5% from the December 31st total of 4,330,000 shares. Based on an average daily volume of 750,000 shares, the short-interest ratio is presently 6.5 days. Currently, 7.1% of the shares of the stock are short sold. View Terex's Current Options Chain.

Some companies that are related to Terex include Caterpillar (CAT), Deere & Company (DE), Cummins (CMI), PACCAR (PCAR), Westinghouse Air Brake Technologies (WAB), Toro (TTC), WABCO (WBC), Oshkosh (OSK), AGCO (AGCO), Navistar International (NAV), Trinity Industries (TRN), Federal Signal (FSS), Meritor (MTOR), Alamo Group (ALG) and Douglas Dynamics (PLOW).

Based on aggregate information from My MarketBeat watchlists, some companies that other Terex investors own include Endologix (ELGX), Chipotle Mexican Grill (CMG), Apache (APA), Aegean Marine Petroleum Network (ANW), Charles Schwab (SCHW), Micron Technology (MU), Accenture (ACN), Zoetis (ZTS), Vicor (VICR) and Primo Water (PRMW).

Terex's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Pzena Investment Management LLC (6.33%), Alliancebernstein L.P. (3.62%), State Street Corp (2.94%), Barrow Hanley Mewhinney & Strauss LLC (2.60%), Goldman Sachs Group Inc. (1.94%) and LSV Asset Management (1.87%). Company insiders that own Terex stock include Amy George, Andra Rush, Brian J Henry, David A Sachs, Eric I Cohen, International Master F Marcato, John D Sheehan, Kevin A Barr, Mark I Clair, Matthew Fearon, Paula H Cholmondeley and Steve Filipov. View Institutional Ownership Trends for Terex.

TEX stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Bank of America Corp DE, Cubist Systematic Strategies LLC, Goldman Sachs Group Inc., Daiwa Securities Group Inc., Spark Investment Management LLC, TCW Group Inc. and Alliancebernstein L.P.. Company insiders that have sold Terex company stock in the last year include Brian J Henry, International Master F Marcato, Kevin A Barr and Matthew Fearon. View Insider Buying and Selling for Terex.

TEX stock was acquired by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, AQR Capital Management LLC, Granite Investment Partners LLC, Great West Life Assurance Co. Can, Jacobs Levy Equity Management Inc., Renaissance Technologies LLC, Bronson Point Management LLC and Man Group plc. Company insiders that have bought Terex stock in the last two years include Amy George, Andra Rush, Brian J Henry, David A Sachs, John D Sheehan and Kevin A Barr. View Insider Buying and Selling for Terex.

Shares of TEX 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, Robinhood, Fidelity and Charles Schwab.

One share of TEX stock can currently be purchased for approximately $22.14.

Terex has a market capitalization of $1.57 billion and generates $4.35 billion in revenue each year. The industrial products company earns $54.40 million in net income (profit) each year or $3.25 on an earnings per share basis. Terex employs 9,500 workers across the globe.View Additional Information About Terex.

The official website for Terex is http://www.terex.com/.

Terex's mailing address is 200 NYALA FARM ROAD, WESTPORT CT, 06880. The industrial products company can be reached via phone at 203-222-7170 or via email at [email protected]