Ituran Location and Control (ITRN) to Release Earnings on Thursday

Ituran Location and Control (NASDAQ:ITRN - Get Free Report) will issue its quarterly earnings data before the market opens on Thursday, November 21st. Parties that wish to listen to the company's conference call can do so using this link.

Ituran Location and Control (NASDAQ:ITRN - Get Free Report) last announced its quarterly earnings data on Monday, August 19th. The industrial products company reported $0.66 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.61 by $0.05. Ituran Location and Control had a net margin of 15.42% and a return on equity of 28.43%. The firm had revenue of $84.87 million for the quarter.

Ituran Location and Control Stock Down 1.8 %

Shares of Ituran Location and Control stock traded down $0.49 during trading on Thursday, reaching $27.20. 22,217 shares of the company were exchanged, compared to its average volume of 57,174. Ituran Location and Control has a twelve month low of $24.12 and a twelve month high of $30.00. The business has a 50-day moving average price of $27.02 and a 200-day moving average price of $26.69. The firm has a market capitalization of $541.01 million, a price-to-earnings ratio of 10.81 and a beta of 1.14.

Ituran Location and Control Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 9th. Stockholders of record on Thursday, September 26th were paid a $0.39 dividend. The ex-dividend date was Thursday, September 26th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 5.74%. Ituran Location and Control's dividend payout ratio (DPR) is presently 61.18%.

About Ituran Location and Control

Ituran Location and Control Ltd., together with its subsidiaries, provides location based telematics services and machine-to-machine telematics products. It operates through two segments, Telematics Services and Telematics Products. The Telematics services segment offers stolen vehicle recovery and tracking services, which enables to locate, track, and recover stolen vehicles for its subscribers; fleet management services that enable corporate and individual customers to track and manage their vehicles in real time; and locator services that allow customers to protect valuable merchandise and equipment.