Tag: ratings

Digital Realty Trust Q4 FFO Rises; Forecast Boosted (DLR)

Data center REIT Digital Realty Trust, Inc. ( DLR ) on Friday posted better-than-expected fourth quarter funds from operations and lifted its full-year 2011 forecast. The San Francisco-based company reported fourth quarter funds from operations (FFO) of $102.91 million, or 98 cents per share, compared with $69.43 million, or 79 cents per share, in the year-ago period. Excluding one-time items, adjusted FFO was 96 cents per share. Revenue surged more than 40% from last year to $239 million. On average, Wall Street analysts expected smaller FFO of 91 cents per share, albeit on higher revenue of $242 million. Looking ahead, the company boosted its full-year 2011 FFO guidance to a range of $3.80 to $3.95 per share, while analysts expect $3.85 per share for the year. Digital Realty Trust shares were mostly flat in premarket trading Friday. The Bottom Line We recently added shares of Digital Realty Trust ( DLR ) to our recommended list. The company has a 4.86% dividend yield, based on last night’s closing stock price of $56.02. Digital Realty Trust, Inc. ( DLR ) 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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CF Industries Q4 Profit Beats View on Rising Fertilizer Demand (CF)

Filed in CF Industries, dividend, earnings, Gold Investing, o, revenue, shares by on February 18, 2011 0 Comments

Fertilizer maker CF Industries Holdings, Inc. ( CF ) late Thursday posted better-than-expected fourth quarter earnings results, aided by strong demand for its products and the addition of sales from its acquisition of rival Terra Nitrogen. The Deerfield, IL-based company reported fourth quarter net income of $200.3 million, or $2.78 per share, compared with $51.4 million, or $1.04 per share, in the year-ago period. Excluding one-time items, adjusted profit was $2.65 per share. Revenue more than doubled from last year to $1.24 billion. On average, Wall Street analysts expected a smaller profit of $2.56 per share, on lower revenue of $1.19 billion. CF Industries shares fell 81 cents, or -0.6%, in premarket trading Friday. The Bottom Line CF Industries ( CF ) has been an “aggressive” recommendation for us, but is not a name we think yield-focused investors should be considering. The company has a .27% dividend yield, based on last night’s closing stock price of $147.81. CF Industries Holdings, Inc. ( CF ) 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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Progress Energy Q4 Profit Slips 19%; Adjusted Net Beats View (PGN)

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

Electric utility operator Progress Energy, Inc. ( PGN ) on Friday said its fourth quarter profit fell 19% from last year on flat revenue, but adjusted results narrowly beat analyst expectations. The Raleigh, NC-based company reported fourth quarter net income of $125 million, or 42 cents per share, compared with $154 million, or 55 cents per share, in the year-ago period. Excluding one-time items, adjusted profit was 45 cents per share. Revenue remained essentially flat from last year at $2.3 billion. On average, Wall Street analysts expected a slightly smaller adjusted profit of 44 cents per share, albeit on slightly higher revenue of $2.4 billion. Looking ahead, the company predicted full-year 2011 earnings to range from $3 to $3.20 per share, while analysts expect $3.14 per share for the year. Progress also noted that its planned acquisition by rival Duke Energy ( DUK ) is still on track to close by the end of the year. Progress Energy shares were mostly flat in premarket trading Friday. The Bottom Line We have been recommending shares of Progress Energy ( PGN ) since Dec.10, 2009, when the stock was trading at $41.18. The company has a 5.40% dividend yield, based on last night’s closing stock price of $45.92. Progress Energy, Inc. ( PGN ) 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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Campbell Soup Shares Plunge after Cutting 2011 Forecast (CPB)

Filed in dividend, earnings, Gold Bullion prices, o, revenue, shares by on February 18, 2011 0 Comments

Packaged foods maker Campbell Soup Company ( CPB ) on Friday posted fiscal second quarter earnings that met analyst expectations, but cut its full-year outlook, sending its shares plummeting in premarket trading. The Camden, NJ-based company reported fiscal second quarter net income of $239 million, or 71 cents per share, compared with $259 million, or 74 cents per share, in the year-ago period. Revenue fell 1% from last year to $2.13 billion. On average, Wall Street analysts expected a matching profit of 71 cents per share, albeit on slightly higher revenue of $2.15 billion. Looking ahead, the company cut its full-year 2011 outlook, citing weaker-than-expected soup sales. It now expects full-year revenue to range from a 1% decline to a 1% rise, and forecast profits to fall 1% to 3%. Campbell Soup shares plunged $1.45, or -4.2%, in premarket trading Friday. The Bottom Line We recently removed shares of Campbell Soup ( CPB ) from our recommended list. The company has a 3.32% dividend yield, based on last night’s closing stock price of $34.94. The stock has technical support in the $30 price area. If the shares can firm up, we see overhead resistance around the $36 price level. Campbell Soup Company ( CPB ) 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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Nordstrom Q4 Profit Jumps 35%; Will Acquire HauteLook for $180 Million (JWN)

Filed in dividend, earnings, Gold, o, revenue, shares by on February 18, 2011 0 Comments

Fashion retailer Nordstrom, Inc. ( JWN ) late Thursday said its fourth quarter profit surged 35% from last year, beating analyst estimates, as the company announced the acquisition of discount luxury website HauteLook. The Seattle-based company reported fourth quarter net income of $232 million, or $1.04 per share, compared with $172 million, or 77 cents per share, in the year-ago period. Revenue rose 10% from last year to $2.92 billion. On average, Wall Street analysts expected a smaller profit of 99 cents per share, on lower revenue of $2.83 billion. Looking ahead, the company forecast full-year 2011 earnings to range from $2.95 to $3.10 per share. Analysts currently expect $3.04 per share for the year. In a separate announcement, Nordstrom said it would buy discount luxury goods website HauteLook for $180 million in stock. Nordstrom shares fell $1.27, or -2.7%, in premarket trading Friday. The Bottom Line Shares of Nordstom ( JWN ) have a 1.72% dividend yield, based on last night’s closing stock price of $46.48. The stock has technical support in the $40-$44 price area. If the shares can firm up, we see overhead resistance around the $50 price level. Nordstrom, Inc. ( JWN ) 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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FBR Analyst: Annaly Capital Still an “Outperform,” but Wary of Possible Dividend Cut (NLY)

Filed in dividend, earnings, FBR Capital, Gold Investing, o, outperform, shares, target by on February 11, 2011 0 Comments

Analysts at FBR Capital on Friday passed along some interesting opinions regarding real estate-related investment manager Annaly Capital Management, Inc. ( NLY ) on Friday. Although the firm maintained its “Outperform” rating and $20 price target on NLY, it noted a dividend cut could be in the works for the company. An FBR analyst commented, “We reiterate our rating and price target on NLY shares despite last week’s weaker-than-expected 4Q10 earnings results. While the results give us pause as to the viability of the current dividend, we believe that shares remain attractive from a long-term, risk-adjusted total return perspective. With a historically steep yield curve, the FOMC estimated to be on hold for at least another year, and declining prepayment speeds, we continue to believe that the operating environment is set up for NLY to deliver mid-to-high teen ROEs, and likewise dividend yields, for the foreseeable future.” Annaly Capital shares were mostly flat in premarket trading Friday. The Bottom Line Shares of Annaly Capital ( NLY ) have a 14.29% dividend yield, based on last night’s closing stock price of $17.92. 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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New Stock Added to Database (SBGI)

Filed in dividend, Gold Investment, o, shares by on February 9, 2011 0 Comments

We are adding shares of Sinclair Broadcast Group ( SBGI ) to our database of nearly 1600 dividend-paying stocks. Sinclair Broadcast Group ( SBGI ) – this company owns or provides certain programming, operating, or sales services to television stations in the United States. The company broadcasts free over-the-air programming comprising network provided programs; news produced locally; local sporting events; and syndicated entertainment programs. As of December 31, 2009, it owned or provided programming and operating services pursuant to local marketing agreements, or provided sales services pursuant to outsourcing agreements to 58 television stations in 35 markets. The company was founded in 1952 and is based in Hunt Valley, Maryland. 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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Ingersoll-Rand Shares Plummet as Q4 Profit Misses View (IR)

Filed in dividend, earnings, Gold Investing, Gold Investment, o, revenue, shares by on February 9, 2011 0 Comments

Climate control systems maker Ingersoll-Rand plc ( IR ) on Wednesday said its fourth quarter profit jumped 52% from last year, but results still missed analyst expectations and the company offered a tepid 2011 forecast. The Dublin, Ireland-based company reported fourth quarter net income of $212.1 million, or 62 cents per share, compared with $139.4 million, or 42 cents per share, in the year-ago period. Revenue rose 12% from last year to $3.7 billion. On average, Wall Street analysts expected a higher profit of 65 cents per share, albeit on lower revenue of $3.58 billion. Looking ahead, the company forecast full-year 2011 adjusted earnings to range from $2.90 to $3.10 per share, which could miss analysts’ view for $3.07 per share. Ingersoll-Rand shares fell $2.53, or -5.2%, in premarket trading Wednesday. The Bottom Line Shares of Ingersoll-Rand ( IR ) have a .57% dividend yield, based on last night’s closing stock price of $49.03. The stock has technical support in the $42-$43 price area. If the shares can firm up, we see overhead resistance around the $54-$55 price levels. Ingersoll-Rand plc ( IR ) 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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Coca-Cola’s Q4 Profit Rises, Beating View (KO)

Filed in dividend, Gold, Gold Bullion prices, o, revenue, shares by on February 9, 2011 0 Comments

Beverage giant The Coca-Cola Company ( KO ) on Wednesday said its fourth quarter profit surged significantly higher from last year, beating analyst estimates. The Atlanta-based company reported fourth quarter net income of $5.77 billion, or $2.46 per share, compared with $1.54 billion, or 66 cents per share, in the year-ago period. Excluding one-time items, adjusted profit was 72 cents per share. Revenue rose nearly 40% from last year to $10.49 billion. On average, Wall Street analysts expected a smaller profit of 72 cents per share, on lower revenue of $10.16 billion. Coca-Cola shares rose 94 cents, or +1.5%, in premarket trading Wednesday. The Bottom Line We have been recommending shares of Coca-Cola ( KO ) since July 30, 2009, when the stock was trading at $49.28. The company has a 2.80% dividend yield, based on last night’s closing stock price of $62.87. The Coca-Cola Company ( KO ) 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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Disney Shares Pop on Solid Q1 Earnings (DIS)

Filed in dividend, Gold, Gold Bullion prices, o, revenue, shares, Walt Disney by on February 9, 2011 0 Comments

Entertainment giant The Walt Disney Company ( DIS ) on Wednesday said its fiscal first quarter profit jumped 54% from last year, beating analyst estimates and sending its shares higher in premarket trading. The Burbank, CA-based company reported fiscal first quarter net income of $1.3 billion, or 68 cents per share, compared with $844 million, or 44 cents per share, in the year-ago period. Revenue rose 10% from last year to $10.7 billion. On average, Wall Street analysts expected a much smaller profit of 56 cents per share, on lower revenue of $10.5 billion. Disney shares rose $1.47, or +3.6%, in premarket trading Wednesday. The Bottom Line Shares of Walt Disney ( DIS ) have a .97% dividend yield, based on last night’s closing stock price of $41.18. The stock has technical support in the $38 price area. The shares are trading at all-time highs and have a little overhead resistance. The Walt Disney Company ( DIS ) 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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Market Wrap-Up for Feb.8 (MCD, CL, AET, CLX, AVP, more)

The second interest rate hike in China in less than a month is being digested by Wall Street right now with a ho-hum reaction this morning. At some point the market will begin paying a bit more attention. With numerous M&A deals still being announced, and IPOs lining up on the runway, we’re not sure when the buying streak will begin to ease up, but we are carefully examining possible scenarios. Gold prices seem to be perking up today, as the last four months have been nothing but sideways action. At some point soon, we will see either a coiled spring effect and higher prices, or impatient investors heading for the exits. Elsewhere in the markets, shares of McDonald’s ( MCD ) got a nice boost from solid January sales. Colgate-Palmolive ( CL ) was also rallying on some takeover rumblings. Aetna ( AET ) and Clorox ( CLX ) had some decent buying following positive analyst comments. Avon Products ( AVP ) went in the opposite direction following lackluster earnings results. I was reading numerous accounts of AOL’s acquisition of the popular news site The Huffington Post yesterday. I tend to pay attention to what is happening in the web media space closely, as our firm is often grouped into that space, since “.com” is part of our brand. You have to question the uncanny love that is expressed for the deal, with the word “innovation” being tossed around in seemingly every other compliment. Sorry, but what is innovative about having 6000 contributors writing free content for your website, as Ms. Huffington managed to achieve? The company does only have 200 employees and can be described as lean and mean, but innovative? I’ve also seen a lot of insults leveled toward “old media” (newspapers, magazines) regarding their new goals of putting up so-called “pay walls” (which just means you charge users to access your content). If I were running the New York Times or any other major paper, I would’ve put some sort of pay wall up years ago. Why charge for a print version and give it away online for free! The lack of vision has costs thousands and thousands of jobs in the newspaper and magazine industries. Some people may say “who cares, it’s free now, I can get the same information anywhere on the web.” I don’t know about you, but reading articles created by content farms that pay writers $3 a post (if that) isn’t exactly very appealing. Unfortunately, that’s the direction that many online media plays are heading. I am not going to knock Arianna Huffington and her major payday, but at the end of the day, it wasn’t so much about innovation, as it …

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Dividend Stock Leaders for the Week of Jan.31-Feb.4 (TUP, EL, AET, ADM, CLF, CVS, more)

Filed in dividend, Gold Investment, o, Time Warner by on February 5, 2011 0 Comments

Here are some of the biggest dividend stock winners and losers from the week that just ended. Company Fri. Close Weekly % Change Dividend Yield Manitowoc Company Inc. ( MTW ) $18.66 +39.46% 0.43% Tupperware Corporation ( TUP ) $53.77 +17.84% 2.23% Estee Lauder Companies Inc. (The) ( EL ) $93.00 +16.13% 0.81% Aetna Inc. ( AET ) $37.42 +13.57% 1.60% Time Warner Inc. ( TWX ) $35.92 +13.24% 2.62% Blackstone Group ( BX ) $17.20 +10.40% 2.33% Limited Brands Inc. ( LTD ) $31.87 +10.20% 2.51% Archer-Daniels-Midland Company ( ADM ) $36.09 +10.16% 1.77% Chesapeake Energy Corporation ( CHK ) $30.06 +9.99% 1.00% Cliffs Natural Resources ( CLF ) $90.27 +8.64% 0.62% Joy Global Inc. ( JOYG ) $92.53 +8.41% 0.76% CVS Corporation ( CVS ) $32.67 -6.12% 1.53% D.R. Horton Inc. ( DHI ) $11.73 -6.16% 1.28% PACCAR Inc. ( PCAR ) $50.60 -7.70% 0.95% Intersil Corporation ( ISIL ) $13.23 -10.37% 3.63% 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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