PayPal Holdings, Inc. (NASDAQ:PYPL – Get Free Report) declared a quarterly dividend on Monday, July 27th. Investors of record on Friday, September 4th will be given a dividend of 0.14 per share by the credit services provider on Friday, September 25th. This represents a c) dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Friday, September 4th.
PayPal Price Performance
PYPL traded up $0.13 on Wednesday, hitting $58.45. 3,219,429 shares of the stock were exchanged, compared to its average volume of 19,567,492. PayPal has a 12 month low of $38.46 and a 12 month high of $79.21. The business has a 50-day moving average of $46.22 and a two-hundred day moving average of $47.02. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.26 and a quick ratio of 1.26. The firm has a market capitalization of $51.56 billion, a price-to-earnings ratio of 10.96, a PEG ratio of 1.40 and a beta of 1.33.
PayPal (NASDAQ:PYPL – Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The credit services provider reported $1.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.28 by $0.10. PayPal had a net margin of 15.00% and a return on equity of 25.02%. The firm had revenue of $8.68 billion for the quarter, compared to the consensus estimate of $8.47 billion. During the same period in the prior year, the company posted $1.40 earnings per share. The business’s revenue for the quarter was up 4.8% on a year-over-year basis. Sell-side analysts forecast that PayPal will post 5.32 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
View Our Latest Stock Analysis on PYPL
About PayPal
PayPal Holdings, Inc operates a global digital payments platform that enables consumers and merchants to send and receive payments online, on mobile devices and at the point of sale. The company provides a broad set of payment solutions, including a digital wallet, merchant payment processing, checkout services, invoicing and fraud-management tools. PayPal’s platform is designed to support e-commerce, in-person retail and person-to-person transfers, targeting both individual consumers and businesses of varying sizes.
Key products and services in PayPal’s portfolio include the PayPal wallet and checkout ecosystem, the Venmo peer-to-peer mobile app, Braintree’s developer-focused payment gateway, Xoom for international money transfers, and PayPal Credit and buy-now-pay-later options.
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