Ryanair Holdings plc (NASDAQ:RYAAY) to Issue $0.47 -- Dividend

Ryanair Holdings plc (NASDAQ:RYAAY - Get Free Report) declared a -- dividend on Monday, December 16th,Wall Street Journal reports. Shareholders of record on Friday, January 17th will be paid a dividend of 0.4677 per share by the transportation company on Monday, March 10th. This represents a dividend yield of 4.2%. The ex-dividend date is Friday, January 17th.

Ryanair Stock Down 1.6 %

Shares of NASDAQ:RYAAY traded down $0.72 during mid-day trading on Monday, hitting $44.73. 666,592 shares of the company traded hands, compared to its average volume of 1,575,883. The firm's 50 day simple moving average is $44.85 and its 200 day simple moving average is $84.99. The firm has a market cap of $24.25 billion, a P/E ratio of 14.91, a PEG ratio of 2.62 and a beta of 1.51. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.81 and a current ratio of 0.81. Ryanair has a 52-week low of $36.96 and a 52-week high of $60.29.

Ryanair (NASDAQ:RYAAY - Get Free Report) last released its quarterly earnings results on Monday, November 4th. The transportation company reported $2.82 earnings per share for the quarter, missing analysts' consensus estimates of $2.91 by ($0.09). The firm had revenue of $5.57 billion for the quarter, compared to analyst estimates of $5.59 billion. Ryanair had a net margin of 11.38% and a return on equity of 19.92%. During the same period in the previous year, the business posted $2.88 earnings per share. On average, equities analysts anticipate that Ryanair will post 2.97 EPS for the current year.

Analyst Ratings Changes

RYAAY has been the subject of several research analyst reports. UBS Group raised Ryanair from a "hold" rating to a "strong-buy" rating in a report on Monday, November 11th. Barclays upgraded Ryanair from an "equal weight" rating to an "overweight" rating in a report on Friday, October 25th. StockNews.com upgraded Ryanair from a "hold" rating to a "buy" rating in a research note on Thursday, November 14th. Finally, Sanford C. Bernstein lowered their target price on shares of Ryanair from $149.00 to $147.00 and set an "outperform" rating for the company in a research note on Thursday, August 29th. Four research analysts have rated the stock with a hold rating, three have given a buy rating and four have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus target price of $154.67.

About Ryanair

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, and internationally. It is also involved in the provision of various ancillary services, such as non-flight scheduled and Internet-related services, as well as in-flight sale of beverages, food, duty-free, and merchandise; and markets car hire, travel insurance, and accommodation services through its website and mobile app.