C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW – Get Free Report) declared a quarterly dividend on Thursday, November 5th. Stockholders of record on Friday, December 4th will be paid a dividend of $0.63 per share by the transportation company on Tuesday, January 5th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Friday, December 4th.
C.H. Robinson Worldwide has a dividend payout ratio of 46.1% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect C.H. Robinson Worldwide to earn $7.43 per share next year, which means the company should continue to be able to cover its $2.52 annual dividend with an expected future payout ratio of 33.9%.
C.H. Robinson Worldwide Trading Down 4.1%
NASDAQ:CHRW opened at $128.31 on Friday. The company has a market capitalization of $14.88 billion, a PE ratio of 23.04, a price-to-earnings-growth ratio of 1.09 and a beta of 0.95. The company has a quick ratio of 1.58, a current ratio of 1.34 and a debt-to-equity ratio of 0.91. C.H. Robinson Worldwide has a 52-week low of $122.21 and a 52-week high of $210.33. The stock has a fifty day simple moving average of $144.17 and a 200-day simple moving average of $168.71.
C.H. Robinson Worldwide (NASDAQ:CHRW – Get Free Report) last issued its quarterly earnings data on Wednesday, October 28th. The transportation company reported $1.80 EPS for the quarter, beating analysts’ consensus estimates of $1.75 by $0.05. C.H. Robinson Worldwide had a net margin of 3.67% and a return on equity of 42.49%. The firm had revenue of $5.36 billion for the quarter, compared to analysts’ expectations of $4.92 billion. During the same period in the prior year, the company earned $1.40 EPS. The firm’s revenue was up 29.5% on a year-over-year basis. On average, equities research analysts expect that C.H. Robinson Worldwide will post 6.36 earnings per share for the current fiscal year.
C.H. Robinson Worldwide Company Profile
C.H. Robinson Worldwide, Inc is a global third-party logistics provider that connects shippers with transportation carriers and other supply-chain resources. The company arranges the movement of freight by truckload, less-than-truckload, intermodal, ocean and air transportation, serving businesses across a range of industries.
Its services include freight brokerage, transportation management, logistics consulting, customs and trade support, shipment tracking, and technology-enabled supply-chain solutions.
Featured Articles
- Five stocks we like better than C.H. Robinson Worldwide
- 3 Dividend ETFs Offer Different Ways to Navigate the Post-Election Sell-Off
- Riot’s $28B Lease Shows Why Location and Contracts Matter in AI
- These 3 Underperforming Stocks Are Seeing Notable CEO Insider Trades
- GE Aerospace Has a $170 Billion Backlog, But Is the Stock Worth the Premium?
Receive News & Ratings for C.H. Robinson Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for C.H. Robinson Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.
