Motorola Solutions, Inc. Declares Quarterly Dividend of $1.21 (NYSE:MSI)

Motorola Solutions, Inc. (NYSE:MSIGet Free Report) announced a quarterly dividend on Monday, May 18th. Investors of record on Wednesday, June 17th will be paid a dividend of 1.21 per share by the communications equipment provider on Wednesday, July 15th. This represents a c) annualized dividend and a yield of 1.2%. The ex-dividend date is Wednesday, June 17th.

Motorola Solutions has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 13 years. Motorola Solutions has a dividend payout ratio of 30.4% meaning its dividend is sufficiently covered by earnings. Research analysts expect Motorola Solutions to earn $16.61 per share next year, which means the company should continue to be able to cover its $4.84 annual dividend with an expected future payout ratio of 29.1%.

Motorola Solutions Stock Up 3.8%

Shares of Motorola Solutions stock opened at $408.17 on Tuesday. The stock has a 50-day moving average price of $439.21 and a 200 day moving average price of $414.55. The company has a market cap of $67.75 billion, a P/E ratio of 32.89, a P/E/G ratio of 2.72 and a beta of 0.93. The company has a current ratio of 1.07, a quick ratio of 0.86 and a debt-to-equity ratio of 3.28. Motorola Solutions has a 1 year low of $359.36 and a 1 year high of $492.22.

Motorola Solutions (NYSE:MSIGet Free Report) last announced its quarterly earnings data on Thursday, May 7th. The communications equipment provider reported $3.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.24 by $0.13. The firm had revenue of $2.71 billion during the quarter, compared to the consensus estimate of $2.70 billion. Motorola Solutions had a return on equity of 100.13% and a net margin of 17.61%.The business’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same period in the prior year, the business earned $3.18 EPS. Motorola Solutions has set its Q2 2026 guidance at 3.820-3.880 EPS and its FY 2026 guidance at 16.870-16.990 EPS. As a group, analysts expect that Motorola Solutions will post 15.25 EPS for the current fiscal year.

Analysts Set New Price Targets

MSI has been the subject of a number of recent research reports. Truist Financial cut their price target on Motorola Solutions from $540.00 to $525.00 and set a “buy” rating for the company in a research note on Friday, May 8th. Piper Sandler raised their price target on Motorola Solutions from $499.00 to $503.00 and gave the stock an “overweight” rating in a research note on Friday, May 8th. JPMorgan Chase & Co. raised their price target on Motorola Solutions from $515.00 to $520.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. Raymond James Financial reaffirmed an “outperform” rating and set a $530.00 price target on shares of Motorola Solutions in a research note on Friday, May 8th. Finally, Weiss Ratings downgraded Motorola Solutions from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $504.67.

View Our Latest Research Report on MSI

Motorola Solutions Company Profile

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Motorola Solutions, Inc is a provider of mission-critical communications and analytics solutions for public safety and commercial customers. The company designs, manufactures and supports a range of communications equipment and software aimed at enabling first responders, government agencies and enterprises to coordinate and operate reliably in high-pressure environments. Its offerings emphasize secure, resilient connectivity and situational awareness for organizations that require dependable voice, data and video communications.

Product lines include land mobile radio (LMR) systems and handheld and vehicle-mounted radios used by police, fire and emergency medical services; broadband push-to-talk and LTE-based solutions; command-and-control center software for incident management and records; and video security and analytics systems.

See Also

Dividend History for Motorola Solutions (NYSE:MSI)

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