Somewhat Positive Press Coverage Unlikely to Impact Leucadia National Corporation (NYSE:LUK) Share Price
Media headlines about Leucadia National Corporation (NYSE:LUK) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Leucadia National Corporation earned a daily sentiment score of 0.08 on Accern’s scale. Accern also assigned media headlines about the conglomerate an impact score of 36 out of 100, indicating that recent media coverage is unlikely to have an impact on the company’s share price in the immediate future.
These are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:
- The United Services Automobile Association Increases Stake in Leucadia National Corporation (LUK) (bulhufas.com)
- Leucadia National Corporation (LUK) Position Raised by Oppenheimer & Co. Inc (footballhebdo.com)
- Leucadia National Corporation (NYSE:LUK) Under Analyst Spotlight (campdesrecrues.com)
- Traders Purchase Large Volume of Call Options on Leucadia National Corporation (LUK) (americanbankingnews.com)
- An Activist Could Push “the Other Berkshire Hathaway” To Sell Beef Unit (finance.yahoo.com)
Shares of Leucadia National Corporation (NYSE LUK) traded down 0.30% during midday trading on Monday, hitting $26.68. 509,092 shares of the company were exchanged. The firm’s 50 day moving average price is $25.13 and its 200 day moving average price is $25.04. Leucadia National Corporation has a one year low of $17.25 and a one year high of $27.33. The firm has a market capitalization of $9.60 billion, a price-to-earnings ratio of 15.77 and a beta of 1.25.
Leucadia National Corporation (NYSE:LUK) last issued its earnings results on Thursday, April 27th. The conglomerate reported $0.75 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.67 by $0.08. The business had revenue of $2.87 billion for the quarter, compared to analyst estimates of $2.99 billion. Leucadia National Corporation had a net margin of 5.99% and a return on equity of 6.32%. The firm’s quarterly revenue was up 42.3% on a year-over-year basis. Analysts forecast that Leucadia National Corporation will post $1.58 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Friday, June 30th. Investors of record on Monday, June 19th were paid a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a yield of 0.93%. The ex-dividend date was Thursday, June 15th. Leucadia National Corporation’s dividend payout ratio is presently 3.57%.
A number of equities research analysts recently commented on LUK shares. TheStreet upgraded shares of Leucadia National Corporation from a “c” rating to a “b” rating in a report on Friday, May 5th. BidaskClub upgraded shares of Leucadia National Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, June 13th. Finally, Zacks Investment Research lowered shares of Leucadia National Corporation from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 11th.
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About Leucadia National Corporation
Leucadia National Corporation (Leucadia) is a diversified holding company focused on return on investment and long-term value. The Company’s segments, based on requirements are Jefferies, National Beef, and Corporate and other. Jefferies is a global full-service, integrated securities and investment banking firm.
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