Ball Corporation (BALL) to Distribute Quarterly Dividend of $0.20 on September 15th

Ball Corporation (NYSE:BALL) announced a quarterly dividend on Wednesday, July 29th. Shareholders of record on Tuesday, September 1st will be given a dividend of 0.20 per share on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Tuesday, September 1st.

Ball has raised its dividend by an average of 0.1%annually over the last three years. Ball has a payout ratio of 20.1% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Ball to earn $4.53 per share next year, which means the company should continue to be able to cover its $0.80 annual dividend with an expected future payout ratio of 17.7%.

Ball Price Performance

NYSE BALL opened at $65.36 on Friday. Ball has a 52 week low of $44.83 and a 52 week high of $68.29. The firm has a market capitalization of $17.40 billion, a P/E ratio of 18.89, a PEG ratio of 1.30 and a beta of 0.98. The company has a quick ratio of 0.72, a current ratio of 1.12 and a debt-to-equity ratio of 1.25. The company has a 50-day moving average price of $59.51 and a 200-day moving average price of $60.46.

Ball (NYSE:BALL) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.85 by $0.09. The company had revenue of $3.60 billion for the quarter, compared to the consensus estimate of $3.34 billion. Ball had a net margin of 6.86% and a return on equity of 18.69%. The firm’s revenue was up 16.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.76 earnings per share. Ball has set its FY 2026 guidance at 3.930- EPS. Equities research analysts anticipate that Ball will post 3.99 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have weighed in on BALL shares. Royal Bank Of Canada increased their price target on shares of Ball from $75.00 to $77.00 and gave the stock an “outperform” rating in a research report on Thursday, July 9th. Citigroup reduced their price objective on Ball from $73.00 to $72.00 and set a “buy” rating for the company in a research note on Thursday, July 9th. UBS Group decreased their target price on Ball from $66.00 to $64.00 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. Wells Fargo & Company lifted their target price on Ball from $70.00 to $71.00 and gave the company an “overweight” rating in a research report on Wednesday, May 6th. Finally, Weiss Ratings raised Ball from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, June 30th. Ten research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $70.85.

About Ball

Ball Corporation is a leading provider of sustainable aluminum packaging solutions and advanced aerospace technologies. Headquartered in Broomfield, Colorado, the company serves customers in the beverage, food and aerosol markets through a global network of manufacturing facilities. With an emphasis on sustainability and innovation, Ball designs and produces metal cans, bottles and ends that support recycling and reduce environmental impact.

The company’s packaging segment specializes in beverage cans for soft drinks, beer and energy drinks, as well as metal packaging for food and personal care applications.