Huntington Ingalls Industries Inc (NYSE:HII) announced a quarterly dividend on Tuesday, November 5th, Zacks reports. Shareholders of record on Friday, November 29th will be paid a dividend of 1.03 per share by the aerospace company on Friday, December 13th. This represents a $4.12 annualized dividend and a yield of 1.65%. The ex-dividend date is Wednesday, November 27th. This is a positive change from Huntington Ingalls Industries’s previous quarterly dividend of $0.86.
Shares of NYSE HII opened at $249.16 on Tuesday. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.97 and a current ratio of 1.04. The company has a market cap of $10.22 billion, a PE ratio of 13.05 and a beta of 1.19. The business has a 50-day simple moving average of $230.14 and a two-hundred day simple moving average of $219.14. Huntington Ingalls Industries has a fifty-two week low of $173.80 and a fifty-two week high of $260.81.
Huntington Ingalls Industries (NYSE:HII) last issued its quarterly earnings results on Thursday, November 7th. The aerospace company reported $3.74 earnings per share for the quarter, topping the consensus estimate of $3.63 by $0.11. The business had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.20 billion. Huntington Ingalls Industries had a return on equity of 38.18% and a net margin of 7.05%. The company’s quarterly revenue was up 6.5% on a year-over-year basis. During the same quarter last year, the company earned $5.29 earnings per share. On average, sell-side analysts predict that Huntington Ingalls Industries will post 13.93 earnings per share for the current fiscal year.
In other Huntington Ingalls Industries news, CAO Nicolas G. Schuck sold 400 shares of the business’s stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $250.00, for a total value of $100,000.00. Following the completion of the transaction, the chief accounting officer now directly owns 2,240 shares of the company’s stock, valued at $560,000. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Jerri F. Dickseski sold 1,874 shares of the business’s stock in a transaction that occurred on Tuesday, October 8th. The shares were sold at an average price of $205.00, for a total value of $384,170.00. Following the completion of the transaction, the vice president now directly owns 33,888 shares of the company’s stock, valued at $6,947,040. The disclosure for this sale can be found here. Insiders own 2.65% of the company’s stock.
About Huntington Ingalls Industries
Huntington Ingalls Industries, Inc engages in the designing, building, overhauling, and repairing military ships in the United States. It operates through three segments: Ingalls Shipbuilding, Newport News Shipbuilding, and Technical Solutions. The company is involved in the design and construction of non-nuclear ships comprising amphibious assault ships that include deck amphibious ships and transport dock ships; surface combatants; and national security cutters for the U.S.
Read More: What is a growth and income fund?
Receive News & Ratings for Huntington Ingalls Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Huntington Ingalls Industries and related companies with MarketBeat.com's FREE daily email newsletter.