Albertsons Companies, Inc. (NYSE:ACI – Get Free Report) announced a quarterly dividend on Tuesday, October 13th. Investors of record on Friday, October 23rd will be given a dividend of $0.17 per share on Friday, November 6th. This represents a $0.68 dividend on an annualized basis and a yield of 5.3%. The ex-dividend date of this dividend is Friday, October 23rd.
Albertsons Companies has increased its dividend payment by an average of 0.2% per year over the last three years and has raised its dividend annually for the last 1 consecutive years. Albertsons Companies has a dividend payout ratio of 30.2% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Albertsons Companies to earn $1.68 per share next year, which means the company should continue to be able to cover its $0.68 annual dividend with an expected future payout ratio of 40.5%.
Albertsons Companies Trading Up 1.7%
NYSE:ACI traded up $0.21 during midday trading on Tuesday, reaching $12.75. 16,910,169 shares of the stock traded hands, compared to its average volume of 7,740,250. The stock has a market capitalization of $6.19 billion, a P/E ratio of 159.34, a PEG ratio of 2.08 and a beta of 0.40. The company has a debt-to-equity ratio of 5.22, a quick ratio of 0.21 and a current ratio of 0.84. The company has a fifty day moving average of $12.16 and a 200 day moving average of $14.25. Albertsons Companies has a 12 month low of $10.86 and a 12 month high of $20.00.
Key Headlines Impacting Albertsons Companies
Here are the key news stories impacting Albertsons Companies this week:
- Positive Sentiment: Quarterly earnings exceeded expectations. Albertsons reported adjusted earnings of $0.36 per share, above the $0.33 analyst consensus, while revenue of $18.89 billion was slightly ahead of estimates. Revenue was broadly stable year over year, and earnings increased from $0.30 per share in the prior-year quarter. Albertsons quarterly earnings report
- Positive Sentiment: Potential legal recovery from Kroger provides an additional catalyst. Albertsons is seeking approximately $8 billion from Kroger, arguing that Kroger caused their failed merger by declining to divest more profitable stores. A favorable outcome could provide substantial liquidity, although the case remains unresolved and a trial is approaching. Albertsons seeks $8 billion from Kroger
- Neutral Sentiment: Management is conducting a strategic and cost review. The review covers Albertsons’ strategy, cost structure and business portfolio, with the goal of developing a turnaround plan. Investors may view potential cost savings or asset changes positively, but the timing and scope of the initiatives are not yet clear. Reuters report on Albertsons business review
- Negative Sentiment: Withdrawal of fiscal 2026 guidance increases uncertainty. Albertsons suspended its full-year forecast while it reviews the business, making it harder for investors to estimate future earnings and signaling that management is not confident in its near-term outlook. Albertsons withdraws fiscal 2026 guidance
- Negative Sentiment: Underlying profitability remains weak. Reported net income fell to $51.5 million, or $0.11 per share, from $168.5 million, or $0.30 per share, a year earlier. Analysts have also questioned whether ACI’s valuation is attractive after a prolonged stock decline, particularly given its very thin net margin and high leverage. Albertsons valuation analysis
About Albertsons Companies
Albertsons Companies, Inc is a U.S. food and drug retailer headquartered in Boise, Idaho. The company operates supermarkets, pharmacies and related retail businesses under banners including Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, ACME, Tom Thumb, Randalls, United Supermarkets, Pavilions, Carrs and Haggen.
Its stores offer groceries, fresh produce, meat and seafood, bakery and deli items, household products, health and beauty products, and pharmacy services. Albertsons also provides private-label products, fuel at select locations, grocery delivery and pickup, digital shopping tools, and customer loyalty programs.
The company’s history traces to 1939, when Joe Albertson opened the first Albertsons store in Boise.
See Also
- Five stocks we like better than Albertsons Companies
- A Chinese Rival Just Spooked Memory Stocks—How Worried Should Micron Investors Be?
- Could T-Mobile’s Satellite Competition Fears Create a Buying Opportunity?
- Surgical Precision, Sustainable Returns: Johnson & Johnson Secures Its Cash Flow Runway
- Tesla’s Robotaxi Lands in Paris—But Europe’s Real Fight Is Over Cheap EVs
Receive News & Ratings for Albertsons Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Albertsons Companies and related companies with MarketBeat.com's FREE daily email newsletter.
