Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Declares Annual Dividend of $5.73

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) announced an annual dividend on Thursday, May 9th, Wall Street Journal reports. Investors of record on Tuesday, May 28th will be paid a dividend of 5.727 per share by the transportation company on Monday, June 10th. This represents a yield of 1.7%. The ex-dividend date is Tuesday, May 28th. This is an increase from Grupo Aeroportuario del Sureste, S. A. B. de C. V.’s previous annual dividend of $5.71.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Trading Up 1.1 %

Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. stock traded up $3.65 during midday trading on Thursday, reaching $347.15. 19,666 shares of the company’s stock traded hands, compared to its average volume of 47,234. The company has a market cap of $10.41 billion, a PE ratio of 16.34, a price-to-earnings-growth ratio of 3.17 and a beta of 1.14. The stock has a 50 day moving average of $317.42 and a 200-day moving average of $283.35. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 12 month low of $165.00 and a 12 month high of $357.90. The company has a debt-to-equity ratio of 0.21, a quick ratio of 3.87 and a current ratio of 3.88.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last announced its earnings results on Monday, February 26th. The transportation company reported $4.99 EPS for the quarter, missing analysts’ consensus estimates of $5.78 by ($0.79). The business had revenue of $392.31 million for the quarter. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a net margin of 40.21% and a return on equity of 22.21%. As a group, equities analysts expect that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 24.43 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Barclays downgraded Grupo Aeroportuario del Sureste, S. A. B. de C. V. from an “overweight” rating to an “equal weight” rating in a report on Wednesday, March 13th. The Goldman Sachs Group raised Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “sell” rating to a “buy” rating and upped their price target for the company from $274.00 to $326.00 in a report on Friday, January 26th. Finally, StockNews.com raised shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “hold” rating to a “buy” rating in a research report on Tuesday, April 23rd. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, Grupo Aeroportuario del Sureste, S. A. B. de C. V. has an average rating of “Moderate Buy” and a consensus price target of $274.00.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Company Profile

Grupo Aeroportuario del Sureste, S. A. B. de C. V. holds concessions to operate, maintain, and develop airports in the southeast region of Mexico. The company operates airports that are located in the cities of Cancún, Cozumel, Mérida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula, and Minatitlán.