Nu Skin Enterprises, Inc. Announces Quarterly Dividend of $0.06 (NYSE:NUS)

Nu Skin Enterprises, Inc. (NYSE:NUS) announced a quarterly dividend on Thursday, November 6th. Investors of record on Friday, November 28th will be given a dividend of 0.06 per share on Wednesday, December 10th. This represents a c) annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Friday, November 28th.

Nu Skin Enterprises has decreased its dividend payment by an average of 0.3%per year over the last three years. Nu Skin Enterprises has a payout ratio of 32.0% indicating that its dividend is sufficiently covered by earnings. Analysts expect Nu Skin Enterprises to earn $1.08 per share next year, which means the company should continue to be able to cover its $0.24 annual dividend with an expected future payout ratio of 22.2%.

Nu Skin Enterprises Stock Down 15.8%

NYSE:NUS traded down $1.71 during trading hours on Friday, reaching $9.12. The company’s stock had a trading volume of 442,718 shares, compared to its average volume of 621,805. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.01 and a quick ratio of 1.38. The company has a market cap of $451.42 million, a price-to-earnings ratio of 4.52 and a beta of 0.97. Nu Skin Enterprises has a one year low of $5.32 and a one year high of $14.62. The business’s 50-day moving average is $11.42 and its 200-day moving average is $9.42.

Nu Skin Enterprises (NYSE:NUS) last issued its quarterly earnings data on Thursday, November 6th. The company reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.04. The business had revenue of $364.21 million during the quarter, compared to analysts’ expectations of $374.20 million. Nu Skin Enterprises had a net margin of 6.20% and a return on equity of 8.23%. Nu Skin Enterprises has set its FY 2025 guidance at 1.250-1.350 EPS. Q4 2025 guidance at 0.250-0.350 EPS. Equities research analysts predict that Nu Skin Enterprises will post 1.05 EPS for the current year.

Insider Activity

In other Nu Skin Enterprises news, EVP Chayce David Clark sold 20,000 shares of Nu Skin Enterprises stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $11.97, for a total value of $239,400.00. Following the completion of the transaction, the executive vice president owned 233,140 shares in the company, valued at approximately $2,790,685.80. The trade was a 7.90% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Laura Nathanson sold 6,489 shares of the stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $12.22, for a total value of $79,295.58. Following the sale, the director owned 33,149 shares in the company, valued at $405,080.78. The trade was a 16.37% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 58,926 shares of company stock worth $711,364. Corporate insiders own 2.00% of the company’s stock.

Hedge Funds Weigh In On Nu Skin Enterprises

A number of institutional investors have recently modified their holdings of the stock. Prescott Group Capital Management L.L.C. increased its holdings in shares of Nu Skin Enterprises by 142.7% in the first quarter. Prescott Group Capital Management L.L.C. now owns 1,394,608 shares of the company’s stock valued at $10,125,000 after purchasing an additional 819,972 shares in the last quarter. Hillsdale Investment Management Inc. bought a new position in Nu Skin Enterprises in the 2nd quarter valued at $5,279,000. Pacer Advisors Inc. acquired a new stake in shares of Nu Skin Enterprises in the 1st quarter valued at $4,577,000. Charles Schwab Investment Management Inc. raised its position in shares of Nu Skin Enterprises by 47.1% during the first quarter. Charles Schwab Investment Management Inc. now owns 1,052,384 shares of the company’s stock worth $7,640,000 after acquiring an additional 336,807 shares during the last quarter. Finally, Prudential Financial Inc. lifted its stake in shares of Nu Skin Enterprises by 104.2% during the second quarter. Prudential Financial Inc. now owns 601,697 shares of the company’s stock valued at $4,808,000 after acquiring an additional 307,085 shares during the period. 82.84% of the stock is owned by institutional investors.

About Nu Skin Enterprises

Nu Skin Enterprises, Inc, together with its subsidiaries, engages in the development and distribution of various beauty and wellness products worldwide. It offers skin care devices, cosmetics, and other personal care products, including ageLOC LumiSpa and ageLOC LumiSpa iO; and nutricentials skin care products.