Tag: closing-stock

Marathon Oil’s Target Boosted at Goldman Sachs (MRO)

Integrated oil and natural gas producer Marathon Oil Corporation ( MRO ) on Monday saw its price target upped by analysts at Goldman Sachs. The firm said it raised its target on MRO from $51 to $58, which implies a 27% upside to the stock’s Friday closing price of $46.48. Goldman also reiterated its “Buy” rating on the stock, saying that “Based on our updated E&P valuation analysis, we continue to see Marathon as an inexpensive means to gain exposure to our constructive outlook for Mid-Continent refining margins.” Marathon Oil shares were mostly flat in premarket trading Monday. The Bottom Line We have been recommending shares of Marathon Oil ( MRO ) since Jan.26, 2011, when the stock was trading at $43.55. The company has a 2.15% dividend yield, based on Friday’s closing stock price of $ 46.48. Marathon Oil Corporation ( MRO ) is a “Recommended” dividend stock, holding a Dividend.com DARS™ Rating of 3.5 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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MasterCard’s Target, Estimates Raised at Goldman Sachs (MA)

Credit card issuer MasterCard Incorporated ( MA ) on Friday saw its price target and earnings estimates raised by analysts at Goldman Sachs. The firm said it now expects MA shares to reach $273, which implies an 11% upside to the stock’s Thursday closing price of $245.39. Goldman also said it maintained its “Buy” rating on MA an raised its earnings estimates, citing the company’s strong sales momentum. MasterCard shares pulled back slightly in premarket trading Friday. The Bottom Line Shares of Mastercard ( MA ) have a .24% dividend yield, based on last night’s closing stock price of $245.39. The stock has technical support in the $230 price area. If the shares can firm up, we see overhead resistance around the $250 price level. MasterCard Incorporated ( MA ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Simon Property Group Q4 FFO Beats View (SPG)

Filed in dividend, Gold Investment, o, shares by on February 4, 2011 0 Comments

Mall-based REIT Simon Property Group, Inc ( SPG ) on Friday said its fourth quarter FFO rose more than 11% from last year, beating analyst estimates. The Indianapolis-based company reported fourth quarter FFO of $638.7 million, or $1.80 per share, compared with $573.4 million, or $1.66 per share, a year earlier. Excluding one-time items, adjusted FFO was $1.78 per share. On average, Wall Street analysts expected a smaller FFO of $1.74 per share. Looking ahead, the company forecast full-year 2011 funds from operations to range from $6.45 to $6.60 per share. Simon Property Group shares rose $2.10, or +2%, in premarket trading Friday. The Bottom Line Shares of Simon Property Group ( SPG ) have a 3.06% dividend yield, based on last night’s closing stock price of $104.70. The stock has technical support in the $95 price area. If the shares can firm up, we see overhead resistance around the $106-$112 price levels. Simon Property Group, Inc ( SPG ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Aflac’s Q4 Profit Surges 74%, but Adjusted Net Still Falls Short (AFL)

Filed in dividend, earnings, Gold Investing, Gold Investment, o, revenue, shares by on February 2, 2011 0 Comments

Supplemental insurer Aflac Incorporated ( AFL ) late Tuesday said its fourth quarter profit jumped 74% from last year, but its adjusted results still missed analyst expectations. The Columbus, GA-based company reported fourth quarter net income of $437 million, or 92 cents per share, compared with $251 million, or 53 cents per share, in the year-ago period. Excluding one-time items, adjusted operating earnings were $1.33 per share. Revenue rose 15% from last year to $4.6 billion. On average, Wall Street analysts expected a slightly higher profit of $1.35 per share, on much higher revenue of $5.5 billion. Looking ahead, the company forecast 2011 adjusted earnings to $5.97 per share, or $6.09 and $6.34 per share on an as-reported basis. Analysts currently expect adjusted results of $6.19 per share for the year. Aflac shares fell $1.03, or -1.8%, in premarket trading Wednesday. The Bottom Line Shares of Aflac ( AFL ) have a 2.05% dividend yield, based on last night’s closing stock price of $58.53. The stock has technical support in the $52-$54 price area. If the shares can firm up, we see overhead resistance around the $60-$63 price levels. Aflac Incorporated ( AFL ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our

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Kraft Foods’ Estimates Cut at Credit Suisse on Cost Concerns (KFT)

Filed in dividend, earnings, EPS, Gold Bullion prices, o, outperform, shares, target by on January 31, 2011 0 Comments

Packaged foods maker Kraft Foods Inc. ( KFT ) on Monday saw its earnings estimates lowered through 2012 by analysts at Credit Suisse. The firm said it cut its 2011 and 2012 EPS estimates for KFT to $2.23 and $2.45, respectively. Credit Suisse cited rising costs for the move, as many food sellers have been feeling the crunch. Still, the analyst maintained its “Outperform” rating and $35 price target on KFT, which implies a 15% upside to the stock’s Friday closing price of $30.53. Kraft Foods shares were mostly flat in premarket trading Monday. The Bottom Line We have been recommending shares of Kraft Foods ( KFT ) since May 5, 2009, when the stock was trading at $24.26. The company has a 3.80% dividend yield, based on Friday’s closing stock price of $30.53. Kraft Foods Inc. ( KFT ) is a “Recommended” dividend stock, holding a Dividend.com DARS™ Rating of 3.5 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Colgate’s Q4 Profit Edges Lower, but Still Beats View (CL)

Filed in dividend, Gold Investing, Gold Investment, o, revenue, shares by on January 27, 2011 0 Comments

Consumer products maker Colgate-Palmolive Company ( CL ) on Thursday said its fourth quarter profit fell about 1% from last year, but results still beat analyst expectations. The New York-based company reported fourth quarter net income of $624 million, or $1.24 per share, compared with $631 million, or $1.21 per share, in the year-ago period. Revenue fell 3% from last year to $3.98 billion. On average, Wall Street analysts expected a slightly lower profit of $1.23 per share, albeit on higher revenue of $4.07 billion. Colgate-Palmolive shares were mostly flat in premarket trading Thursday. The Bottom Line Shares of Colgate-Palmolive ( CL ) have a 2.65% dividend yield, based on last night’s closing stock price of $80. The stock has technical support in the $74-$76 price area. If the shares can firm up, we see overhead resistance around the $82-$84 price levels. Colgate-Palmolive Company ( CL ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Lower Costs, Higher Selling Prices Propel Altria Group’s Higher Earnings (MO)

Filed in dividend, Gold Investing, Gold Investment, o, revenue, shares by on January 27, 2011 0 Comments

Tobacco giant Altria Group, Inc. ( MO ) on Thursday said its fourth quarter profit jumped 27% from last year, helped by lower costs and higher prices. The Richmond, VA-based company reported fourth quarter net income of $919 million, or 44 cents per share, compared with $725 million, or 35 cents per share, in the year-ago period. Net revenue, excluding excise taxes, rose 1% from last year to $4.14 billion. On average, Wall Street analysts expected a slightly higher profit of 44 cents per share, on slightly higher revenue of $4.22 billion. Looking ahead, the company predicted full-year 2011 profit could range from $2 to $2.06 per share. Altria shares were mostly flat in premarket trading Thursday. The Bottom Line We have been recommending shares of Altria Group ( MO ) since Mar.10, 2009, when the stock was trading at $15.86. The company has a 6.20% dividend yield, based on last night’s closing stock price of $24.27. Altria Group, Inc. ( MO ) is a “Recommended” dividend stock, holding a Dividend.com DARS™ Rating of 3.7 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Novartis to Buy Cancer Diagnostic Specialist Genoptix for $470 Million (NVS)

Filed in dividend, Gold, Gold Bullion prices, o, shares by on January 24, 2011 0 Comments

Swiss healthcare products maker Novartis AG ( NVS ) on Monday said it would buy U.S.-based cancer diagnostic specialist Genoptix ( GXDX ) for $470 million in cash. The $25 per-share asking price represents a healthy 27% premium over Genoptix’ Friday closing price of $19.76. Genoptix said its board of directors is recommending current shareholders accept the offer. The move comes about six weeks after Novartis acquired the remaining stake in eye care company Alcon for $12.9 billion . Novartis shares rose 27 cents, or +0.5%, in premarket trading Monday. The Bottom Line Shares of Novartis ( NVS ) have a 3.03% dividend yield, based on Friday’s closing stock price of $56.42. The stock has technical support in the $52-$54 price area. If the shares can firm up, we see overhead resistance around the $60 price level. Novartis AG ( NVS ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Annaly Capital Downgraded to “Hold” at Jefferies & Co. (NLY)

Filed in dividend, downgrade, Gold Investment, o, shares, target by on January 19, 2011 0 Comments

Mortgage-related investment securities firm Annaly Capital Management, Inc. ( NLY ) on Wednesday saw its rating cut but analysts at Jefferies & Co. The firm said it downgraded NLY from “Buy” to “Hold” noting that investment spreads could be squeezed over the next several quarters. Jefferies currently has a $15 price target set on NLY, which implies a 16% downside to the stock’s Tuesday closing price of $17.84. Annaly Capital shares fell 11 cents, or -0.6%, in premarket trading Wednesday. The Bottom Line Shares of Annaly Capital ( NLY ) have a 14.35% dividend yield, based on last night’s closing stock price of $17.84. The stock has technical support in the $15-$17 price area. If the shares can firm up, we see overhead resistance around the $20 price level. Annaly Capital Management, Inc. ( NLY ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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U.S. Bancorp Q4 Profit Surges 62%, Matching View (USB)

Filed in dividend, Gold Bullion prices, o, revenue, shares by on January 19, 2011 0 Comments

Banking company U.S. Bancorp ( USB ) on Wednesday said its fiscal fourth quarter profit jumped 62% from last year, matching analyst estimates. The Minneapolis-based company reported fiscal fourth quarter net income of $974 million, or 49 cents per share, compared with $602 million, or 30 cents per share, in the same period last year. Excluding special items, adjusted profit was 46 cents per share. On average, Wall Street analysts expected a matching adjusted profit of 46 cents per share. USB also said that revenue rose almost 8% from last year to $4.72 billion, while net charge-offs fell 5.8% from last year. U.S. Bancorp shares were mostly flat in premarket trading Wednesday. The Bottom Line Shares of U.S. Bancorp ( USB ) have a .73% dividend yield, based on last night’s closing stock price of $27.31. The stock has technical support in the $24-$25 price area. If the shares can firm up, we see overhead resistance around the $29-$30 price levels. U.S. Bancorp ( USB ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Hasbro’s Target, Estimates Cut at Goldman Sachs (HAS)

Filed in dividend, earnings, Gold, Gold Investment, goldman sachs, Guidance, o, shares, target by on January 18, 2011 0 Comments

Toy maker Hasbro, Inc. ( HAS ) on Tuesday saw its price target and earnings estimates lowered by analysts at Goldman Sachs. The firm said it now expects HAS shares to reach $59, which still represents a massive potential upside of 33% to the stock’s Friday closing price of $44.49. Goldman also cut its earnings estimates for the company, citing its recently-lowered sales guidance, but maintained its “Buy” rating. Hasbro shares were mostly flat in premarket trading Tuesday. The Bottom Line Shares of Hasbro ( HAS ) have a 2.25% dividend yield, based on last night’s closing stock price of $44.49. The stock has technical support in the $40-$42 price area. If the shares can firm up, we see overhead resistance around the $48 price level. Hasbro, Inc. ( HAS ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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SYSCO Downgraded to “Hold” at BB&T Capital (SYY)

Filed in dividend, downgrade, earnings, Gold Investing, Gold Investment, o, shares by on January 18, 2011 0 Comments

Food distributor SYSCO Corporation ( SYY ) on Tuesday caught a downgrade from analysts at BB&t;T on earnings growth concerns. The firm said it downgraded SYY from “Buy” to “Hold,” citing flat near-term earnings growth. SYSCO provides products and food services to around 400,000 customers, many of which are restaurants, healthcare and educational facilities, and lodging establishments. SYSCO shares fell 45 cents, or -1.5%, in premarket trading Monday. The Bottom Line Shares of Sysco ( SYY ) have a 3.42% dividend yield, based on last night’s closing stock price of $30.45. The stock has technical support in the $27-$28 price area. If the shares can firm up, we see overhead resistance around the $32-$34 price levels. SYSCO Corporation ( SYY ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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