Castings (LON:CGS) announced its quarterly earnings results on Wednesday. The company reported GBX 28.16 ($0.37) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of GBX 28.40 ($0.37) by GBX (0.24) ($0.00), Bloomberg Earnings reports.

Shares of LON CGS remained flat at $GBX 449 ($5.87) during midday trading on Friday. 2,838 shares of the stock were exchanged, compared to its average volume of 2,096. The firm has a market cap of $188.49 million and a P/E ratio of 20.23. Castings has a fifty-two week low of GBX 341 ($4.46) and a fifty-two week high of GBX 444 ($5.80).

The company also recently declared a dividend, which will be paid on Tuesday, July 23rd. Stockholders of record on Thursday, June 20th will be issued a dividend of GBX 15 ($0.20) per share. The ex-dividend date of this dividend is Thursday, June 20th. This represents a dividend yield of 3.36%. This is an increase from Castings’s previous dividend of $11.40. Castings’s dividend payout ratio (DPR) is currently 0.63%.

Separately, Peel Hunt restated a “buy” rating and set a GBX 470 ($6.14) price target on shares of Castings in a report on Monday.

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Castings Company Profile

Castings P.L.C. engages in iron casting and machining activities. It operates through Foundry Operations and Machining segments. The company offers ductile iron castings, spheroidal graphite (SG) iron castings, austempered ductile iron castings, simo castings, Ni-resist castings, and grey iron castings, as well as aluminum castings.

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