ITV plc (LON:ITV - Get Free Report) insider Carolyn McCall sold 267,242 shares of the firm's stock in a transaction that occurred on Friday, March 28th. The shares were sold at an average price of GBX 79 ($1.02), for a total value of £211,121.18 ($272,133.51).
ITV Trading Down 5.3 %
LON:ITV traded down GBX 3.78 ($0.05) during trading hours on Monday, hitting GBX 67.90 ($0.88). The company had a trading volume of 753,000,063 shares, compared to its average volume of 40,975,836. The company has a current ratio of 1.56, a quick ratio of 0.83 and a debt-to-equity ratio of 46.00. The company has a market cap of £2.62 billion, a P/E ratio of 6.20, a P/E/G ratio of -0.53 and a beta of 1.44. ITV plc has a 1 year low of GBX 61.29 ($0.79) and a 1 year high of GBX 89 ($1.15). The company has a 50-day moving average of GBX 75.69 and a 200 day moving average of GBX 74.29.
ITV (LON:ITV - Get Free Report) last announced its quarterly earnings data on Thursday, March 6th. The broadcaster reported GBX 9.60 ($0.12) earnings per share for the quarter. ITV had a net margin of 12.11% and a return on equity of 23.62%. Sell-side analysts expect that ITV plc will post 1120 earnings per share for the current year.
ITV Cuts Dividend
The firm also recently announced a dividend, which will be paid on Thursday, May 22nd. Investors of record on Thursday, April 10th will be issued a GBX 3.30 ($0.04) dividend. This represents a yield of 4.15%. The ex-dividend date of this dividend is Thursday, April 10th. ITV's dividend payout ratio (DPR) is presently 45.68%.
Wall Street Analysts Forecast Growth
Separately, JPMorgan Chase & Co. reissued an "overweight" rating and issued a GBX 115 ($1.48) price target on shares of ITV in a research note on Wednesday, March 12th.
Read Our Latest Analysis on ITV
About ITV
(
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ITV is a vertically integrated producer broadcaster and streamer, consisting of ITV Studios and Media & Entertainment.
ITV Studios is a scaled and global creator, owner and distributor of high-quality TV content. It operates in 12 countries, across 60+ labels and has a global distribution network.
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