TransUnion (NYSE:TRU – Get Free Report) declared a quarterly dividend on Thursday, August 6th. Shareholders of record on Thursday, August 20th will be given a dividend of 0.125 per share by the business services provider on Friday, September 4th. This represents a c) annualized dividend and a yield of 0.6%. The ex-dividend date is Thursday, August 20th.
TransUnion has raised its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 1 consecutive years. TransUnion has a payout ratio of 10.5% indicating that its dividend is sufficiently covered by earnings. Research analysts expect TransUnion to earn $4.95 per share next year, which means the company should continue to be able to cover its $0.50 annual dividend with an expected future payout ratio of 10.1%.
TransUnion Price Performance
Shares of NYSE TRU traded down $0.81 during trading on Thursday, hitting $79.16. The company had a trading volume of 1,631,593 shares, compared to its average volume of 2,534,656. The stock has a fifty day simple moving average of $73.67 and a two-hundred day simple moving average of $73.44. TransUnion has a fifty-two week low of $63.37 and a fifty-two week high of $95.50. The firm has a market capitalization of $15.17 billion, a price-to-earnings ratio of 20.89, a price-to-earnings-growth ratio of 1.34 and a beta of 1.53. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 1.07.
Analyst Upgrades and Downgrades
TRU has been the subject of a number of analyst reports. Wells Fargo & Company upped their price objective on shares of TransUnion from $90.00 to $102.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. UBS Group boosted their target price on shares of TransUnion from $72.00 to $77.00 and gave the company a “neutral” rating in a report on Thursday, July 2nd. JPMorgan Chase & Co. dropped their price target on shares of TransUnion from $95.00 to $90.00 and set an “overweight” rating for the company in a research note on Wednesday, April 29th. Bank of America cut their price target on shares of TransUnion from $83.00 to $80.00 and set a “neutral” rating for the company in a report on Tuesday, May 19th. Finally, Weiss Ratings cut TransUnion from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, July 30th. Ten research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $94.38.
Read Our Latest Report on TransUnion
About TransUnion
TransUnion is a global information and insights company that helps businesses and consumers make critical decisions using data and analytics. As one of the three major credit bureaus in the United States, TransUnion collects and aggregates credit information on individuals and businesses, providing credit reports, risk scores and portfolio management tools to financial institutions, lenders, landlords and other decision makers. Its consumer-facing products enable individuals to monitor credit status, detect identity theft and access personalized financial insights.
The company’s offerings span credit risk assessment, identity management, fraud prevention and marketing solutions.
Further Reading
- Five stocks we like better than TransUnion
- Sandisk Just Delivered a Blowout Quarter—Here’s Why the Stock Is Falling
- 4 Oil and Gas ETF Plays as Prices Stay Sky-High
- What Tesla Stands to Lose If It Walks Away From China
- Disney Sets Up for a Magical Year in 2027
Receive News & Ratings for TransUnion Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TransUnion and related companies with MarketBeat.com's FREE daily email newsletter.
