Exponent, Inc. (NASDAQ:EXPO) declared a quarterly dividend on Friday, February 2nd, Wall Street Journal reports. Shareholders of record on Friday, March 2nd will be paid a dividend of 0.26 per share by the business services provider on Friday, March 23rd. This represents a $1.04 annualized dividend and a yield of 1.36%. The ex-dividend date of this dividend is Thursday, March 1st. This is an increase from Exponent’s previous quarterly dividend of $0.21.

Shares of Exponent (NASDAQ:EXPO) traded up $1.35 during midday trading on Friday, reaching $76.55. The company’s stock had a trading volume of 146,239 shares, compared to its average volume of 88,458. The firm has a market cap of $1,913.87 and a PE ratio of 35.81. Exponent has a 52-week low of $56.35 and a 52-week high of $78.39.

Exponent (NASDAQ:EXPO) last announced its quarterly earnings data on Thursday, February 1st. The business services provider reported $0.47 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.42 by $0.05. The firm had revenue of $82.72 million during the quarter, compared to analysts’ expectations of $80.27 million. Exponent had a return on equity of 17.21% and a net margin of 16.46%. The company’s quarterly revenue was up 13.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.39 EPS. equities analysts anticipate that Exponent will post 2.09 earnings per share for the current year.

Several equities analysts have weighed in on the company. SunTrust Banks raised Exponent from a “hold” rating to a “buy” rating and set a $84.00 price objective for the company in a report on Friday, January 26th. Zacks Investment Research raised Exponent from a “hold” rating to a “buy” rating and set a $82.00 price objective for the company in a report on Tuesday, January 23rd. BidaskClub lowered Exponent from a “hold” rating to a “sell” rating in a research note on Friday, December 29th. Finally, Cantor Fitzgerald reiterated a “buy” rating and issued a $82.00 price target on shares of Exponent in a research note on Sunday, November 5th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $82.67.

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About Exponent

Exponent, Inc (Exponent), along with its subsidiaries, is a science and engineering consulting company. Exponent provides engineering and scientific consulting services to clients around the world. Its service offerings are provided on a project-by-project basis. It operates in two segments: Engineering and Other Scientific, and Environmental and Health.

Dividend History for Exponent (NASDAQ:EXPO)

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