Interparfums, Inc. (NASDAQ:IPAR) Announces $0.80 Quarterly Dividend

Interparfums, Inc. (NASDAQ:IPAR) declared a quarterly dividend on Tuesday, August 4th. Shareholders of record on Tuesday, September 15th will be given a dividend of 0.80 per share on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 2.5%. The ex-dividend date is Tuesday, September 15th.

Interparfums has raised its dividend payment by an average of 0.6%annually over the last three years and has increased its dividend every year for the last 4 years. Interparfums has a payout ratio of 55.0% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Interparfums to earn $5.51 per share next year, which means the company should continue to be able to cover its $3.20 annual dividend with an expected future payout ratio of 58.1%.

Interparfums Stock Up 2.9%

IPAR stock opened at $128.55 on Wednesday. Interparfums has a 12-month low of $77.21 and a 12-month high of $129.29. The company has a quick ratio of 2.05, a current ratio of 3.26 and a debt-to-equity ratio of 0.10. The company has a market cap of $4.12 billion, a price-to-earnings ratio of 24.39 and a beta of 1.11. The company has a 50 day moving average of $110.13 and a two-hundred day moving average of $99.88.

Interparfums (NASDAQ:IPAR) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $0.95 EPS for the quarter, missing the consensus estimate of $0.97 by ($0.02). Interparfums had a net margin of 11.32% and a return on equity of 15.47%. The company had revenue of $341.04 million for the quarter, compared to analysts’ expectations of $341.00 million. During the same quarter in the prior year, the firm earned $0.99 earnings per share. The company’s revenue was up 2.1% on a year-over-year basis. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. On average, equities analysts anticipate that Interparfums will post 4.85 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

IPAR has been the subject of a number of recent research reports. BWS Financial reaffirmed a “neutral” rating and set a $85.00 price target on shares of Interparfums in a research note on Wednesday, April 22nd. Wall Street Zen downgraded Interparfums from a “buy” rating to a “hold” rating in a report on Sunday, April 26th. TD Cowen began coverage on shares of Interparfums in a research note on Monday, June 1st. They issued a “buy” rating and a $110.00 target price for the company. Weiss Ratings raised shares of Interparfums from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, July 8th. Finally, Jefferies Financial Group raised their price target on shares of Interparfums from $115.00 to $145.00 and gave the company a “buy” rating in a report on Tuesday, July 28th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Interparfums has an average rating of “Moderate Buy” and an average target price of $116.17.

About Interparfums

Interparfums, Inc is a global fragrance company that designs, manufactures and distributes a broad range of premium perfume and cosmetic products. Operating primarily through licensing agreements with established fashion and luxury brands, the company oversees every stage of product development from concept and formulation to production and global distribution. Its portfolio encompasses well-known names in the fragrance industry, including Montblanc, Coach, Jimmy Choo, Van Cleef & Arpels and Lanvin, among others.

The company’s core activities include fragrance creation, brand management and international logistics.