ManpowerGroup Inc. Plans Dividend of $0.72 (NYSE:MAN)

ManpowerGroup Inc. (NYSE:MAN) announced a dividend on Friday, May 8th. Shareholders of record on Monday, June 1st will be paid a dividend of 0.72 per share by the business services provider on Monday, June 15th. This represents a yield of 483.0%. The ex-dividend date of this dividend is Monday, June 1st.

ManpowerGroup has decreased its dividend by an average of 0.1%per year over the last three years. ManpowerGroup has a payout ratio of 33.2% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect ManpowerGroup to earn $4.92 per share next year, which means the company should continue to be able to cover its $1.44 annual dividend with an expected future payout ratio of 29.3%.

ManpowerGroup Trading Up 4.7%

Shares of NYSE MAN opened at $31.74 on Friday. ManpowerGroup has a one year low of $25.15 and a one year high of $47.33. The firm has a market capitalization of $1.48 billion, a PE ratio of -85.79 and a beta of 0.74. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.50. The business has a 50-day moving average price of $29.06 and a two-hundred day moving average price of $29.32.

ManpowerGroup (NYSE:MAN) last announced its quarterly earnings data on Thursday, April 16th. The business services provider reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.01. ManpowerGroup had a positive return on equity of 7.01% and a negative net margin of 0.09%.The firm had revenue of $4.51 billion during the quarter, compared to analyst estimates of $4.41 billion. During the same period last year, the company posted $0.44 EPS. The business’s quarterly revenue was up 10.3% compared to the same quarter last year. ManpowerGroup has set its Q2 2026 guidance at 0.910-1.050 EPS. As a group, analysts predict that ManpowerGroup will post 3.66 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Weiss Ratings restated a “sell (d)” rating on shares of ManpowerGroup in a research report on Friday, March 27th. Truist Financial decreased their price objective on ManpowerGroup from $38.00 to $34.00 and set a “hold” rating for the company in a research report on Friday, April 17th. Robert W. Baird decreased their price objective on ManpowerGroup from $50.00 to $45.00 and set an “outperform” rating for the company in a research report on Friday, April 17th. Barclays decreased their price objective on ManpowerGroup from $35.00 to $30.00 and set an “equal weight” rating for the company in a research report on Monday, April 13th. Finally, UBS Group raised their price objective on ManpowerGroup from $29.00 to $33.00 and gave the stock a “neutral” rating in a research report on Friday, April 17th. Three investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $37.50.

ManpowerGroup Company Profile

ManpowerGroup (NYSE: MAN) is a global leader in workforce solutions, offering a broad spectrum of staffing and talent management services. Founded in 1948 and headquartered in Milwaukee, Wisconsin, the company has grown from a temporary staffing firm to a diversified provider of workforce consultancy, recruitment, and outsourcing services. ManpowerGroup is publicly traded on the New York Stock Exchange under the ticker MAN.

The company’s service offerings are organized into four principal brands.