JBT Marel Corporation (NYSE:JBTM) Plans Quarterly Dividend of $0.10

JBT Marel Corporation (NYSE:JBTM) announced a quarterly dividend on Thursday, February 26th. Shareholders of record on Monday, March 9th will be paid a dividend of 0.10 per share on Monday, March 23rd. This represents a c) annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Monday, March 9th.

JBT Marel Trading Down 1.8%

Shares of NYSE:JBTM traded down $2.78 during trading on Friday, reaching $154.85. 15,675 shares of the company traded hands, compared to its average volume of 518,172. The company has a current ratio of 0.98, a quick ratio of 0.53 and a debt-to-equity ratio of 0.33. JBT Marel has a 52-week low of $90.08 and a 52-week high of $170.19. The firm has a market capitalization of $8.05 billion, a price-to-earnings ratio of -153.24, a P/E/G ratio of 1.38 and a beta of 1.01. The business’s fifty day moving average is $158.62 and its 200-day moving average is $146.11.

JBT Marel (NYSE:JBTM) last posted its quarterly earnings results on Monday, February 23rd. The company reported $1.98 EPS for the quarter, beating analysts’ consensus estimates of $1.92 by $0.06. The company had revenue of $1.01 billion during the quarter. JBT Marel had a negative net margin of 1.33% and a positive return on equity of 7.68%. The company’s quarterly revenue was up 115.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.70 earnings per share. JBT Marel has set its FY 2026 guidance at 8.000-8.500 EPS. As a group, analysts forecast that JBT Marel will post 5.21 EPS for the current year.

About JBT Marel

JBT Marel Corporation provides technology solutions to food and beverage industry in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It offers value-added processing that includes chilling, mixing/grinding, injecting, blending, marinating, tumbling, flattening, forming, portioning, coating, cooking, frying, freezing, extracting, pasteurizing, sterilizing, concentrating, high pressure processing, weighing, inspecting, filling, closing, sealing, end of line material handling, and packaging solutions to the food, beverage, and health market.