Motorola Solutions (MSI) Set to Announce Quarterly Earnings on Thursday

Motorola Solutions (NYSE:MSIGet Rating) is set to release its earnings data after the market closes on Thursday, May 12th. Analysts expect Motorola Solutions to post earnings of $1.39 per share for the quarter. Motorola Solutions has set its Q1 2022 guidance at $1.530-$1.590 EPS and its FY 2022 guidance at $9.800-$9.950 EPS.Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Motorola Solutions (NYSE:MSIGet Rating) last issued its earnings results on Wednesday, February 9th. The communications equipment provider reported $2.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.56 by $0.10. The business had revenue of $2.32 billion during the quarter, compared to analysts’ expectations of $2.33 billion. Motorola Solutions had a net margin of 15.24% and a negative return on equity of 542.03%. During the same period in the previous year, the company earned $2.73 earnings per share. On average, analysts expect Motorola Solutions to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Shares of Motorola Solutions stock opened at $219.38 on Thursday. The stock has a market capitalization of $36.73 billion, a PE ratio of 30.64, a price-to-earnings-growth ratio of 2.62 and a beta of 0.91. Motorola Solutions has a 52-week low of $184.54 and a 52-week high of $273.65. The company has a 50-day simple moving average of $228.20 and a two-hundred day simple moving average of $240.64.

The company also recently announced a quarterly dividend, which was paid on Thursday, April 14th. Shareholders of record on Tuesday, March 15th were issued a $0.79 dividend. The ex-dividend date of this dividend was Monday, March 14th. This represents a $3.16 annualized dividend and a yield of 1.44%. Motorola Solutions’s dividend payout ratio (DPR) is presently 44.13%.

In other Motorola Solutions news, CEO Gregory Q. Brown sold 100,000 shares of the company’s stock in a transaction that occurred on Monday, March 7th. The shares were sold at an average price of $218.02, for a total value of $21,802,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Gregory Q. Brown sold 81,731 shares of the company’s stock in a transaction that occurred on Thursday, March 3rd. The stock was sold at an average price of $221.92, for a total transaction of $18,137,743.52. The disclosure for this sale can be found here. 1.85% of the stock is currently owned by corporate insiders.

Several institutional investors and hedge funds have recently bought and sold shares of MSI. Integrated Wealth Concepts LLC boosted its position in shares of Motorola Solutions by 6.8% during the fourth quarter. Integrated Wealth Concepts LLC now owns 1,288 shares of the communications equipment provider’s stock worth $350,000 after acquiring an additional 82 shares during the last quarter. Horizon Investments LLC boosted its position in shares of Motorola Solutions by 7.2% during the fourth quarter. Horizon Investments LLC now owns 1,426 shares of the communications equipment provider’s stock worth $387,000 after acquiring an additional 96 shares during the last quarter. EP Wealth Advisors LLC boosted its position in shares of Motorola Solutions by 11.2% during the fourth quarter. EP Wealth Advisors LLC now owns 1,392 shares of the communications equipment provider’s stock worth $378,000 after acquiring an additional 140 shares during the last quarter. Boston Private Wealth LLC boosted its position in shares of Motorola Solutions by 24.1% during the fourth quarter. Boston Private Wealth LLC now owns 2,000 shares of the communications equipment provider’s stock worth $544,000 after acquiring an additional 389 shares during the last quarter. Finally, Heritage Wealth Advisors boosted its position in shares of Motorola Solutions by 534.2% during the fourth quarter. Heritage Wealth Advisors now owns 1,021 shares of the communications equipment provider’s stock worth $277,000 after acquiring an additional 860 shares during the last quarter. Institutional investors and hedge funds own 85.65% of the company’s stock.

Several research analysts have issued reports on the stock. Morgan Stanley decreased their target price on shares of Motorola Solutions from $265.00 to $250.00 and set an “equal weight” rating for the company in a report on Tuesday, January 25th. Loop Capital initiated coverage on shares of Motorola Solutions in a report on Monday, April 25th. They set a “buy” rating and a $295.00 price objective for the company. StockNews.com initiated coverage on shares of Motorola Solutions in a report on Thursday, March 31st. They set a “hold” rating for the company. Citigroup boosted their price objective on shares of Motorola Solutions from $260.00 to $275.00 in a report on Thursday, February 10th. Finally, Barclays boosted their price objective on shares of Motorola Solutions from $280.00 to $300.00 and gave the company an “overweight” rating in a report on Thursday, February 10th. Three research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat.com, Motorola Solutions currently has a consensus rating of “Buy” and a consensus price target of $271.33.

About Motorola Solutions (Get Rating)

Motorola Solutions, Inc provides mission critical communications and analytics in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation, and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce.

See Also

Earnings History for Motorola Solutions (NYSE:MSI)

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