Telefónica (TEF) to Release Quarterly Earnings on Thursday

Telefónica (NYSE:TEF - Get Free Report) is expected to issue its quarterly earnings data before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of $0.07 per share and revenue of $10.52 billion for the quarter.

Telefónica Stock Performance

Shares of NYSE:TEF traded up $0.05 during midday trading on Friday, hitting $4.31. The stock had a trading volume of 688,067 shares, compared to its average volume of 664,389. The company has a current ratio of 0.85, a quick ratio of 0.81 and a debt-to-equity ratio of 1.33. The company has a market capitalization of $24.41 billion, a PE ratio of -16.56 and a beta of 0.68. The stock has a 50 day moving average price of $4.09 and a two-hundred day moving average price of $4.43. Telefónica has a 1 year low of $3.89 and a 1 year high of $4.93.

Telefónica Cuts Dividend

The firm also recently announced a semi-annual dividend, which was paid on Friday, January 10th. Shareholders of record on Wednesday, December 18th were issued a dividend of $0.1576 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a dividend yield of 5.2%. Telefónica's dividend payout ratio (DPR) is -84.62%.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Telefónica from a "hold" rating to a "buy" rating in a research report on Thursday, December 12th. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold".

Telefónica Company Profile

Telefónica, SA, together with its subsidiaries, provides telecommunications services in Europe and Latin America. The company offers mobile and related services and products, such as mobile voice, value added, mobile data and internet, wholesale, corporate, roaming, fixed wireless, and trunking and paging services.