Expeditors International of Washington, Inc. (NASDAQ:EXPD) Shares Will Pay Dividend of $0.81

Expeditors International of Washington, Inc. (NASDAQ:EXPD) announced a dividend on Monday, November 2nd. Stockholders of record on Tuesday, December 1st will be given a dividend of $0.81 per share by the transportation company on Tuesday, December 15th. This represents a dividend yield of 79.0%. The ex-dividend date of this dividend is Tuesday, December 1st.

Expeditors International of Washington has increased its dividend payment by an average of 0.1% per year over the last three years and has increased its dividend annually for the last 31 consecutive years.

Expeditors International of Washington Price Performance

Expeditors International of Washington stock opened at $204.24 on Wednesday. The business has a 50 day simple moving average of $192.30 and a 200-day simple moving average of $167.46. Expeditors International of Washington has a 12 month low of $128.10 and a 12 month high of $206.23. The stock has a market capitalization of $26.55 billion, a PE ratio of 35.71, a price-to-earnings-growth ratio of 5.00 and a beta of 1.07.

Expeditors International of Washington (NASDAQ:EXPD) last posted its quarterly earnings data on Tuesday, November 3rd. The transportation company reported $2.65 earnings per share for the quarter, beating analysts’ consensus estimates of $2.22 by $0.43. Expeditors International of Washington had a net margin of 7.64% and a return on equity of 36.16%. The company’s revenue was up 41.9% on a year-over-year basis. During the same period last year, the business posted $1.64 EPS. As a group, equities research analysts anticipate that Expeditors International of Washington will post 5.39 EPS for the current year.

Expeditors International of Washington News Summary

Here are the key news stories impacting Expeditors International of Washington this week:

• Positive Sentiment: Q3 results topped expectations: Expeditors reported EPS of $2.65, versus consensus estimates around $2.22–$2.24. Revenue rose 42% year over year to $4.1 billion, while EPS increased 62%. Stronger airfreight demand, recovering ocean volumes and customs activity supported the results. Expeditors Q3 results
• Positive Sentiment: Analyst targets moved higher: UBS raised its price target to $245 from $220, and Baird lifted its target to $210 from $200, signaling improved expectations after the results. UBS price target update
• Positive Sentiment: Dividend declared: The company announced a semi-annual cash dividend of $0.81 per share, payable December 15 to shareholders of record December 1. Dividend announcement
• Neutral Sentiment: Valuation remains a consideration: Commentary describes the shares as potentially fairly valued while AI-related freight demand builds. Strong earnings and demand are encouraging, but valuation may temper further upside. Expeditors valuation and AI demand

Expeditors International of Washington Company Profile

Expeditors International of Washington, Inc is a global logistics company headquartered in Seattle, Washington. The company provides freight forwarding, transportation, customs brokerage and supply chain management services for businesses that move goods internationally.

Its services include airfreight and ocean-freight forwarding, customs clearance, warehousing and distribution, cargo insurance, order management, and other logistics solutions. Expeditors coordinates shipments through a worldwide network of offices and service providers, helping customers manage international trade requirements and supply chain operations.

Founded in 1979, Expeditors serves customers across North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa.