Yara International ASA (OTCMKTS:YARIY) to Issue Dividend of $1.40

Yara International ASA (OTCMKTS:YARIY – Get Rating) declared a dividend on Friday, May 6th, investing.com reports. Investors of record on Thursday, May 12th will be given a dividend of 1.4046 per share by the basic materials company on Friday, May 27th. This represents a yield of 8.69%. The ex-dividend date is Wednesday, May 11th.

YARIY opened at $25.65 on Friday. The stock has a market cap of $13.07 billion, a PE ratio of 7.24 and a beta of 0.90. The company has a quick ratio of 0.67, a current ratio of 1.39 and a debt-to-equity ratio of 0.43. Yara International ASA has a 52 week low of $21.96 and a 52 week high of $29.19. The business’s fifty day simple moving average is $25.76 and its 200 day simple moving average is $25.66.

Yara International ASA (OTCMKTS:YARIY – Get Rating) last released its earnings results on Tuesday, February 8th. The basic materials company reported $0.60 EPS for the quarter, missing analysts’ consensus estimates of $0.94 by ($0.34). The firm had revenue of $5.03 billion during the quarter, compared to the consensus estimate of $5.64 billion. Yara International ASA had a net margin of 7.13% and a return on equity of 24.51%. As a group, equities analysts anticipate that Yara International ASA will post 4.39 earnings per share for the current year.

A number of research analysts recently commented on YARIY shares. Credit Suisse Group increased their target price on Yara International ASA from 360.00 to 400.00 in a research note on Friday, April 1st. Morgan Stanley raised their price objective on Yara International ASA from 440.00 to 482.00 in a research note on Monday, April 11th. Zacks Investment Research raised Yara International ASA from a “sell” rating to a “hold” rating and set a $32.00 price objective on the stock in a research note on Wednesday, April 13th. Scotiabank raised their price objective on Yara International ASA from 415.00 to 470.00 in a research note on Monday, March 28th. Finally, JPMorgan Chase & Co. raised their price objective on Yara International ASA from 500.00 to 540.00 in a research note on Friday, April 8th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $412.00.

About Yara International ASA (Get Rating)

Yara International ASA provides environmental and industrial solutions in Norway, European Union, Europe, Africa, Asia, North and Latin America, Australia, and New Zealand. The offers nitrogen-based fertilizers, including urea, urea ammonium nitrate, calcium ammonium nitrate, ammonium nitrate, and ammonium sulfate; compound fertilizers that contain plant nutrients, such as nitrogen, phosphorus, and potassium; and blended products, as well as foliar and fertigation solutions through micronutrients.

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