Kingfisher (LON:KGF) Stock Price Down 13.7% - Here's Why

Kingfisher plc (LON:KGF - Get Free Report) fell 13.7% on Tuesday . The stock traded as low as GBX 238.70 ($3.09) and last traded at GBX 241.30 ($3.12). 370,668,406 shares changed hands during mid-day trading, an increase of 820% from the average session volume of 40,286,469 shares. The stock had previously closed at GBX 279.70 ($3.62).

Kingfisher Trading Up 1.4 %

The stock has a market capitalization of £4.45 billion, a P/E ratio of 13.41, a P/E/G ratio of 2.87 and a beta of 0.96. The company has a current ratio of 1.26, a quick ratio of 0.27 and a debt-to-equity ratio of 7.12. The business has a 50-day moving average price of GBX 251.51 and a two-hundred day moving average price of GBX 270.17.

Kingfisher (LON:KGF - Get Free Report) last posted its quarterly earnings data on Tuesday, March 25th. The home improvement retailer reported GBX 20.70 ($0.27) earnings per share for the quarter. Kingfisher had a net margin of 2.68% and a return on equity of 5.23%. On average, analysts expect that Kingfisher plc will post 23.6949924 EPS for the current fiscal year.

Kingfisher Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be paid a GBX 19.72 ($0.26) dividend. This represents a yield of 3.44%. This is a boost from Kingfisher's previous dividend of $3.80. The ex-dividend date of this dividend is Thursday, March 27th. Kingfisher's dividend payout ratio (DPR) is 63.94%.

About Kingfisher

Kingfisher plc is an international home improvement company with over 2,000 stores, supported by a team of over 78,000 colleagues. We operate in eight countries across Europe under retail banners including B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint and Koçtaş. We offer home improvement products and services to consumers and trade professionals who shop in our stores and via our e-commerce channels.