Gol Linhas Aereas Inteligentes SA (NYSE:GOL) declared a … dividend on Monday, June 17th, Wall Street Journal reports. Stockholders of record on Friday, June 21st will be paid a dividend of 0.003 per share by the transportation company on Friday, June 28th. The ex-dividend date of this dividend is Thursday, June 20th. This is a positive change from Gol Linhas Aereas Inteligentes’s previous … dividend of $0.00016.

Shares of Gol Linhas Aereas Inteligentes stock traded down $0.49 on Wednesday, reaching $15.99. The company had a trading volume of 7,425 shares, compared to its average volume of 1,222,772. The stock has a market cap of $2.77 billion, a price-to-earnings ratio of -115.29 and a beta of -0.39. Gol Linhas Aereas Inteligentes has a 1 year low of $4.43 and a 1 year high of $16.60.

Gol Linhas Aereas Inteligentes (NYSE:GOL) last announced its earnings results on Tuesday, April 30th. The transportation company reported $0.09 EPS for the quarter, missing the Zacks’ consensus estimate of $0.33 by ($0.24). The firm had revenue of $851.99 million during the quarter, compared to analysts’ expectations of $841.76 million. Equities analysts expect that Gol Linhas Aereas Inteligentes will post 0.81 EPS for the current year.

A number of brokerages have recently commented on GOL. Zacks Investment Research upgraded Gol Linhas Aereas Inteligentes from a “hold” rating to a “buy” rating and set a $16.00 target price for the company in a report on Wednesday, March 13th. Morgan Stanley upgraded Gol Linhas Aereas Inteligentes from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $14.50 to $18.00 in a report on Monday, June 10th. Finally, ValuEngine upgraded Gol Linhas Aereas Inteligentes from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 4th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. Gol Linhas Aereas Inteligentes presently has an average rating of “Buy” and a consensus target price of $12.40.

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About Gol Linhas Aereas Inteligentes

GOL Linhas AĆ©reas Inteligentes SA provides air passenger transportation services in Brazil and rest of South America, the Caribbean, and the United States. The company operates through Flight Transportation and Smiles Loyalty Program segments. It also offers cargo transportation and logistics services.

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