Graham (GHC) to Release Quarterly Earnings on Friday

Graham (NYSE:GHC - Get Free Report) is anticipated to release its earnings data before the market opens on Friday, February 21st. Analysts expect Graham to post earnings of $18.94 per share and revenue of $1.27 billion for the quarter.

Graham Price Performance

Shares of NYSE:GHC traded up $6.78 during midday trading on Tuesday, reaching $967.38. 3,566 shares of the company's stock traded hands, compared to its average volume of 14,997. The company has a fifty day simple moving average of $904.99 and a two-hundred day simple moving average of $851.20. Graham has a 1 year low of $683.00 and a 1 year high of $974.00. The company has a market cap of $4.19 billion, a P/E ratio of 18.94 and a beta of 1.13. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.34 and a current ratio of 1.57.

Graham Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 20th. Shareholders of record on Monday, February 3rd will be issued a dividend of $1.80 per share. This represents a $7.20 annualized dividend and a yield of 0.74%. This is an increase from Graham's previous quarterly dividend of $1.72. The ex-dividend date is Monday, February 3rd. Graham's dividend payout ratio (DPR) is presently 14.10%.

Insider Activity

In related news, CAO Marcel A. Snyman sold 159 shares of the stock in a transaction on Monday, January 6th. The stock was sold at an average price of $881.30, for a total value of $140,126.70. Following the completion of the transaction, the chief accounting officer now directly owns 442 shares of the company's stock, valued at approximately $389,534.60. This represents a 26.46 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 20.50% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Graham from a "hold" rating to a "buy" rating in a research report on Monday, November 4th.

Graham Company Profile

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.