Equities analysts expect Maxar Technologies Ltd (NYSE:MAXR) to post earnings per share (EPS) of $1.07 for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for Maxar Technologies’ earnings. Maxar Technologies posted earnings of $0.98 per share in the same quarter last year, which would suggest a positive year-over-year growth rate of 9.2%. The company is scheduled to report its next quarterly earnings results on Thursday, November 1st.

On average, analysts expect that Maxar Technologies will report full-year earnings of $4.81 per share for the current fiscal year. For the next fiscal year, analysts anticipate that the firm will report earnings of $5.15 per share. Zacks Investment Research’s EPS averages are a mean average based on a survey of analysts that that provide coverage for Maxar Technologies.

Maxar Technologies (NYSE:MAXR) last issued its earnings results on Tuesday, July 31st. The company reported $1.22 EPS for the quarter, topping the consensus estimate of $1.08 by $0.14. The company had revenue of $578.90 million during the quarter, compared to analyst estimates of $727.18 million. Maxar Technologies had a return on equity of 11.10% and a net margin of 3.95%. The company’s revenue was up 54.3% on a year-over-year basis.

Several research analysts have recently commented on the company. TD Securities decreased their target price on Maxar Technologies from $67.00 to $65.00 and set a “buy” rating for the company in a research report on Wednesday, August 1st. Royal Bank of Canada decreased their target price on Maxar Technologies from $73.00 to $65.00 and set an “outperform” rating for the company in a research report on Wednesday, September 5th. Canaccord Genuity reiterated a “buy” rating and issued a $70.00 target price on shares of Maxar Technologies in a research report on Tuesday, July 17th. Finally, Zacks Investment Research upgraded Maxar Technologies from a “hold” rating to a “buy” rating and set a $51.00 target price for the company in a research report on Saturday, August 4th. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $62.00.

Institutional investors and hedge funds have recently modified their holdings of the company. Northern Trust Corp boosted its position in Maxar Technologies by 1,183.4% during the 2nd quarter. Northern Trust Corp now owns 529,738 shares of the company’s stock valued at $26,762,000 after purchasing an additional 488,462 shares during the period. Bank of New York Mellon Corp boosted its position in Maxar Technologies by 2,012.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 178,268 shares of the company’s stock valued at $9,006,000 after purchasing an additional 169,830 shares during the period. Public Employees Retirement System of Ohio acquired a new position in Maxar Technologies during the 2nd quarter valued at approximately $177,000. Global X Management Co LLC boosted its position in Maxar Technologies by 34.8% during the 2nd quarter. Global X Management Co LLC now owns 874,238 shares of the company’s stock valued at $43,863,000 after purchasing an additional 225,926 shares during the period. Finally, Jane Street Group LLC acquired a new position in Maxar Technologies during the 2nd quarter valued at approximately $1,437,000. Institutional investors own 84.01% of the company’s stock.

Shares of MAXR traded down $0.05 during mid-day trading on Tuesday, hitting $34.81. The stock had a trading volume of 492,700 shares, compared to its average volume of 345,284. The firm has a market cap of $2.18 billion and a price-to-earnings ratio of 16.34. The company has a current ratio of 1.03, a quick ratio of 0.91 and a debt-to-equity ratio of 1.45. Maxar Technologies has a fifty-two week low of $28.77 and a fifty-two week high of $67.30.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 28th. Stockholders of record on Friday, September 14th will be given a $0.2836 dividend. The ex-dividend date of this dividend is Thursday, September 13th. This represents a $1.13 annualized dividend and a dividend yield of 3.26%. Maxar Technologies’s payout ratio is 53.05%.

About Maxar Technologies

Maxar Technologies Ltd., a space and geospatial intelligence company, provides satellites, earth imagery, geospatial data, and analytics for the commercial and government customers worldwide. The company operates through three segments: Space Systems, Imagery, and Services. The Space Systems segment supplies space and ground based infrastructure and information solutions, including communication and imaging satellites, payloads and antenna subsystems, space-based and airborne surveillance solutions, and associated ground infrastructure and support services for communications and surveillance and intelligence applications.

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