Enviri Corporation (NYSE:NVRI) Announces Dividend of $15.00

Enviri Corporation (NYSE:NVRI) announced a dividend on Friday, January 1st. Stockholders of record on Friday, January 1st will be given a dividend of 15.00 per share on Monday, June 1st. The ex-dividend date of this dividend is Monday, June 1st.

Enviri Stock Down 2.2%

Enviri stock opened at $20.75 on Friday. The company has a debt-to-equity ratio of 5.66, a current ratio of 1.13 and a quick ratio of 0.86. The stock has a market capitalization of $1.72 billion, a price-to-earnings ratio of -9.97 and a beta of 1.59. Enviri has a 1-year low of $7.70 and a 1-year high of $21.42. The business has a fifty day moving average price of $19.40 and a 200-day moving average price of $18.43.

Enviri (NYSE:NVRI) last posted its quarterly earnings data on Monday, May 11th. The company reported $0.10 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.26) by $0.36. The firm had revenue of $549.80 million during the quarter, compared to analysts’ expectations of $465.37 million. Enviri had a negative return on equity of 8.59% and a negative net margin of 7.50%.The business’s quarterly revenue was up .3% on a year-over-year basis. During the same quarter last year, the firm earned ($0.18) EPS. Equities research analysts forecast that Enviri will post -0.45 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. BMO Capital Markets raised their price objective on Enviri from $19.00 to $19.50 and gave the stock a “market perform” rating in a research report on Tuesday, May 12th. Lake Street Capital reiterated a “buy” rating and set a $25.00 price objective on shares of Enviri in a research note on Wednesday, February 25th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Enviri in a research note on Tuesday, April 21st. One equities research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Enviri currently has a consensus rating of “Hold” and a consensus target price of $22.25.

Enviri Company Profile

Enviri Inc (NYSE: NVRI) is a provider of environmental monitoring, data intelligence and sustainability solutions for critical infrastructure and industrial operations. The company integrates Internet of Things (IoT) sensor hardware, cloud-based analytics and field services to collect, process and visualize environmental data. Enviri’s platform supports real-time monitoring and historical trend analysis across water, air and wastewater streams to help clients meet regulatory requirements and manage environmental risk.

Enviri’s product suite includes ruggedized sensor networks, remote data loggers, automated sampling systems and a web-based analytics portal.