Booz Allen Hamilton Holding Co. (NYSE:BAH – Get Free Report) declared a quarterly dividend on Monday, February 3rd,Wall Street Journal reports. Stockholders of record on Friday, February 14th will be given a dividend of 0.55 per share by the business services provider on Tuesday, March 4th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.70%. The ex-dividend date is Friday, February 14th. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.51.
Booz Allen Hamilton has increased its dividend by an average of 11.3% annually over the last three years and has raised its dividend every year for the last 12 years. Booz Allen Hamilton has a dividend payout ratio of 26.1% meaning its dividend is sufficiently covered by earnings. Analysts expect Booz Allen Hamilton to earn $6.94 per share next year, which means the company should continue to be able to cover its $2.04 annual dividend with an expected future payout ratio of 29.4%.
Booz Allen Hamilton Stock Performance
Shares of BAH traded up $0.51 during mid-day trading on Monday, hitting $129.51. The company’s stock had a trading volume of 2,590,165 shares, compared to its average volume of 2,031,561. The stock’s 50-day moving average is $135.79 and its two-hundred day moving average is $150.54. The firm has a market capitalization of $16.55 billion, a PE ratio of 19.30, a price-to-earnings-growth ratio of 1.53 and a beta of 0.55. The company has a debt-to-equity ratio of 2.76, a quick ratio of 1.56 and a current ratio of 1.56. Booz Allen Hamilton has a one year low of $121.02 and a one year high of $190.59.
Analyst Upgrades and Downgrades
Several equities analysts have commented on the company. Jefferies Financial Group cut Booz Allen Hamilton from a “buy” rating to a “hold” rating and upped their price target for the company from $180.00 to $190.00 in a report on Monday, November 4th. Barclays upgraded Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 target price for the company in a research note on Monday, January 6th. TD Cowen decreased their price target on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating on the stock in a research note on Wednesday, January 8th. Wells Fargo & Company lowered their price target on shares of Booz Allen Hamilton from $177.00 to $171.00 and set an “overweight” rating on the stock in a report on Wednesday, January 8th. Finally, StockNews.com downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $158.80.
Check Out Our Latest Stock Analysis on Booz Allen Hamilton
About Booz Allen Hamilton
Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber services to governments, corporations, and not-for-profit organizations in the United States and internationally. It focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.
Featured Articles
- Five stocks we like better than Booz Allen Hamilton
- How to Profit From Growth Investing
- How to Invest in Small Cap Stocks
- Dividend Screener: How to Evaluate Dividend Stocks Before Buying
- These Are the Dividend Stocks Insiders Bought in January
- Biggest Stock Losers – Today’s Biggest Percentage Decliners
- How the ‘No Buy’ Trend of 2025 Is Boosting These 3 Stocks
Receive News & Ratings for Booz Allen Hamilton Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Booz Allen Hamilton and related companies with MarketBeat.com's FREE daily email newsletter.