Entravision Communications Corporation (EVC) To Go Ex-Dividend on June 16th

Entravision Communications Corporation (NYSE:EVC) announced a quarterly dividend on Thursday, April 30th. Shareholders of record on Tuesday, June 16th will be paid a dividend of 0.05 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Tuesday, June 16th.

Entravision Communications has increased its dividend payment by an average of 0.1%per year over the last three years.

Entravision Communications Stock Performance

Shares of Entravision Communications stock opened at $9.70 on Friday. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 2.19. The business has a 50-day moving average price of $6.44 and a two-hundred day moving average price of $4.23. Entravision Communications has a 1-year low of $1.95 and a 1-year high of $10.12. The company has a market cap of $891.64 million, a P/E ratio of -44.07 and a beta of 1.81.

Entravision Communications (NYSE:EVC) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.03. Entravision Communications had a negative return on equity of 25.31% and a negative net margin of 3.41%.The firm had revenue of $196.97 million during the quarter, compared to the consensus estimate of $121.49 million.

Analyst Ratings Changes

A number of brokerages have weighed in on EVC. Wall Street Zen upgraded Entravision Communications from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Entravision Communications in a report on Wednesday, June 3rd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Entravision Communications Company Profile

Entravision Communications Corporation (NYSE: EVC) is a diversified Spanish-language media and advertising company headquartered in Santa Monica, California. The company develops and distributes multimedia content tailored to Hispanic audiences across the United States, leveraging a combination of traditional broadcasting and digital platforms to reach consumers and marketers seeking to engage this fast-growing demographic.

In its broadcasting segment, Entravision owns and operates more than 50 television stations affiliated primarily with leading Spanish-language networks, as well as over 40 radio stations in key U.S.