Jerónimo Martins, SGPS (JRONY) Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Jerónimo Martins, SGPS in the last twelve months. There are currently 2 sell ratings, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" JRONY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in JRONY, but not buy additional shares or sell existing shares.
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6 equities research analysts have issued 12 month target prices for Jerónimo Martins, SGPS's stock. Their JRONY share price forecasts range from $22.00 to $24.80. On average, they anticipate the company's stock price to reach $23.40 in the next year. This suggests that the stock has a possible downside of 54.4%.
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Jerónimo Martins, SGPS's stock was trading at $43.08 at the beginning of 2023. Since then, JRONY shares have increased by 19.0% and is now trading at $51.27.
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Jerónimo Martins, SGPS saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 3,100 shares, an increase of 55.0% from the April 30th total of 2,000 shares. Based on an average daily volume of 3,500 shares, the days-to-cover ratio is presently 0.9 days.
View Jerónimo Martins, SGPS's Short Interest.

Jerónimo Martins, SGPS, S.A. (OTCMKTS:JRONY) announced its quarterly earnings results on Wednesday, March, 22nd. The company reported $0.55 EPS for the quarter. The firm earned $7.14 billion during the quarter. Jerónimo Martins, SGPS had a net margin of 2.31% and a trailing twelve-month return on equity of 23.97%.

Jerónimo Martins, SGPS declared a dividend on Saturday, May 13th. Stockholders of record on Tuesday, May 16th will be given a dividend of $0.8547 per share on Thursday, June 1st. This represents a dividend yield of 1.7%. The ex-dividend date of this dividend is Monday, May 15th.
Read our dividend analysis for JRONY.

Jerónimo Martins, SGPS (OTCMKTS:JRONY) pays an annual dividend of $0.84 per share and currently has a dividend yield of 1.65%. The dividend payout ratio is 43.08%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, JRONY will have a dividend payout ratio of 30.66% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for JRONY.

Jerónimo Martins, SGPS trades on the OTCMKTS under the ticker symbol "JRONY."

Shares of JRONY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of JRONY stock can currently be purchased for approximately $51.27.

Jerónimo Martins, SGPS (OTCMKTS:JRONY) has a market capitalization of $16.13 billion and generates $26.75 billion in revenue each year. The company earns $621.73 million in net income (profit) each year or $1.95 on an earnings per share basis.

The company employs 123,458 workers across the globe.

Jerónimo Martins, SGPS's mailing address is RUA ACTOR ANTONIO SILVA NO.7, LISBON S1, 1649-033. The official website for the company is www.jeronimomartins.com. The company can be reached via phone at 351217532000, via email at investor.relations@jeronimo-martins.com, or via fax at 351-21-752-6174.