Atlas Corp. (ATCO) To Go Ex-Dividend on April 19th


Share on StockTwits

Atlas Corp. (NYSE:ATCO) declared a quarterly dividend on Tuesday, April 6th, Zacks reports. Stockholders of record on Tuesday, April 20th will be given a dividend of 0.125 per share on Friday, April 30th. This represents a $0.50 annualized dividend and a dividend yield of 3.57%. The ex-dividend date is Monday, April 19th.

NYSE ATCO opened at $14.01 on Thursday. Atlas has a 12 month low of $6.00 and a 12 month high of $14.83. The company’s 50 day simple moving average is $13.97 and its 200 day simple moving average is $11.92. The company has a market capitalization of $3.46 billion, a P/E ratio of 15.23, a PEG ratio of 0.66 and a beta of 1.10. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.64 and a quick ratio of 0.55.

Atlas (NYSE:ATCO) last posted its quarterly earnings data on Tuesday, March 9th. The company reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.04. Atlas had a net margin of 21.49% and a return on equity of 9.14%. On average, analysts anticipate that Atlas will post 1.08 earnings per share for the current year.

Several equities research analysts recently issued reports on the company. Zacks Investment Research raised Atlas from a “hold” rating to a “buy” rating and set a $15.00 price objective for the company in a research note on Tuesday, March 2nd. TheStreet raised shares of Atlas from a “c” rating to a “b-” rating in a research report on Monday, February 22nd. Citigroup boosted their price objective on shares of Atlas from $11.00 to $15.00 in a research report on Wednesday, March 10th. Jefferies Financial Group increased their target price on shares of Atlas from $11.00 to $13.50 and gave the stock a “hold” rating in a research report on Monday, March 15th. Finally, B. Riley boosted their price target on shares of Atlas from $16.50 to $18.00 and gave the company a “buy” rating in a report on Wednesday, March 10th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $17.44.

About Atlas

Atlas Corp. operates as an asset manager and operator. The company, through its subsidiaries, operates as an independent charter owner and manager of containerships. The company charters its containerships under long-term and fixed-rate time charters to various container liner companies. As of March 10, 2020, it operated a fleet of 118 containerships.

Featured Article: Trading Strategy Methods and Types

Dividend History for Atlas (NYSE:ATCO)

Receive News & Ratings for Atlas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atlas and related companies with MarketBeat.com's FREE daily email newsletter.