Graham (GHC) to Release Earnings on Wednesday

Graham (NYSE:GHC) is set to post its quarterly earnings results before the market opens on Wednesday, May 1st.

Graham (NYSE:GHC) last posted its quarterly earnings data on Friday, February 23rd. The company reported $10.94 EPS for the quarter. The business had revenue of $1.17 billion during the quarter. Graham had a net margin of 4.65% and a return on equity of 5.23%.

Graham Stock Performance

Shares of Graham stock traded down $5.77 during trading on Wednesday, reaching $713.13. The company’s stock had a trading volume of 484 shares, compared to its average volume of 13,992. The company has a 50-day moving average price of $726.58 and a two-hundred day moving average price of $679.88. Graham has a fifty-two week low of $551.36 and a fifty-two week high of $771.05. The company has a current ratio of 1.50, a quick ratio of 1.26 and a debt-to-equity ratio of 0.19. The firm has a market cap of $3.18 billion, a PE ratio of 16.41 and a beta of 1.11.

Graham Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 9th. Shareholders of record on Thursday, April 18th will be given a dividend of $1.72 per share. The ex-dividend date is Wednesday, April 17th. This represents a $6.88 annualized dividend and a dividend yield of 0.96%. Graham’s payout ratio is currently 15.83%.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of Graham from a “buy” rating to a “hold” rating in a research note on Tuesday, April 16th.

Insider Activity

In other news, Director Katharine Weymouth sold 556 shares of the stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $712.99, for a total transaction of $396,422.44. Following the completion of the transaction, the director now directly owns 1,993 shares in the company, valued at approximately $1,420,989.07. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 32.30% of the company’s stock.

About Graham

Graham Holdings Company, through its subsidiaries, operates as a diversified education and media company in the United States and internationally. It provides test preparation services and materials; professional training and exam preparation for professional certifications and licensures; and non-academic operations support services to the Purdue University Global; operations support services for online courses and programs; training and test preparation services for accounting and financial services professionals; English-language training, academic preparation programs, and test preparation for English proficiency exams; and A-level examination preparation services, as well as operates colleges, business school, higher education institution, and an online learning institution.