Ryanair Holdings plc (RYAAY) to Issue Variable Dividend of $0.69 on September 30th

Ryanair Holdings plc (NASDAQ:RYAAY) announced a Variable dividend on Monday, July 29th, Zacks reports. Shareholders of record on Friday, August 9th will be paid a dividend of 0.692 per share by the transportation company on Monday, September 30th. The ex-dividend date of this dividend is Friday, August 9th.

Ryanair Trading Down 1.4 %

Shares of Ryanair stock traded down $1.39 during trading hours on Wednesday, hitting $100.44. The company’s stock had a trading volume of 91,953 shares, compared to its average volume of 622,861. Ryanair has a twelve month low of $87.18 and a twelve month high of $150.73. The firm has a fifty day moving average of $116.29 and a 200-day moving average of $130.05. The stock has a market cap of $22.68 billion, a price-to-earnings ratio of 11.17, a P/E/G ratio of 1.30 and a beta of 1.55. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.93 and a current ratio of 0.93.

Ryanair (NASDAQ:RYAAY) last posted its earnings results on Monday, May 20th. The transportation company reported ($1.31) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.32) by $0.01. The firm had revenue of $2.36 billion for the quarter, compared to analyst estimates of $2.33 billion. Ryanair had a return on equity of 20.43% and a net margin of 12.07%. Research analysts forecast that Ryanair will post 7.95 EPS for the current year.

Analyst Ratings Changes

Several analysts recently commented on the stock. Evercore ISI upped their price target on shares of Ryanair from $145.00 to $155.00 and gave the company an “in-line” rating in a research report on Thursday, April 4th. HSBC cut shares of Ryanair from a “buy” rating to a “hold” rating in a research note on Friday, July 12th. Deutsche Bank Aktiengesellschaft cut shares of Ryanair from a “buy” rating to a “hold” rating in a research note on Friday, May 24th. Hsbc Global Res raised shares of Ryanair to a “hold” rating in a research note on Friday, July 12th. Finally, Barclays cut shares of Ryanair from an “overweight” rating to an “equal weight” rating in a research note on Friday, June 21st. Seven equities research analysts have rated the stock with a hold rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $158.50.

About Ryanair

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, and internationally. It is also involved in the provision of various ancillary services, such as non-flight scheduled and Internet-related services, as well as in-flight sale of beverages, food, duty-free, and merchandise; and markets car hire, travel insurance, and accommodation services through its website and mobile app.