Alliance Data Systems Co. (ADS) Plans Quarterly Dividend of $0.63

Alliance Data Systems Co. (NYSE:ADS) declared a quarterly dividend on Thursday, April 25th, RTT News reports. Investors of record on Tuesday, May 14th will be paid a dividend of 0.63 per share by the business services provider on Tuesday, June 18th. This represents a $2.52 annualized dividend and a yield of 1.67%. The ex-dividend date is Monday, May 13th.

Alliance Data Systems has a dividend payout ratio of 11.7% meaning its dividend is sufficiently covered by earnings. Analysts expect Alliance Data Systems to earn $23.80 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 10.6%.

Alliance Data Systems stock opened at $150.91 on Wednesday. Alliance Data Systems has a 52 week low of $142.58 and a 52 week high of $250.27. The company has a current ratio of 1.16, a quick ratio of 2.13 and a debt-to-equity ratio of 2.63. The company has a market cap of $8.20 billion, a price-to-earnings ratio of 7.00, a PEG ratio of 0.51 and a beta of 1.71.

Alliance Data Systems (NYSE:ADS) last posted its earnings results on Thursday, April 25th. The business services provider reported $3.72 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $3.76 by ($0.04). Alliance Data Systems had a return on equity of 51.42% and a net margin of 13.10%. The firm had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.81 billion. During the same period in the prior year, the business earned $4.44 EPS. Alliance Data Systems’s quarterly revenue was down 3.4% compared to the same quarter last year. As a group, sell-side analysts expect that Alliance Data Systems will post 19 earnings per share for the current fiscal year.

ADS has been the topic of several recent analyst reports. Deutsche Bank dropped their target price on shares of Alliance Data Systems from $188.00 to $162.00 and set a “buy” rating on the stock in a research report on Friday, April 26th. SunTrust Banks lifted their target price on shares of Alliance Data Systems from $190.00 to $210.00 and gave the stock a “buy” rating in a research report on Tuesday, April 2nd. Stephens raised shares of Alliance Data Systems from an “underweight” rating to an “equal weight” rating and set a $160.00 target price on the stock in a research report on Monday, April 29th. Zacks Investment Research raised shares of Alliance Data Systems from a “sell” rating to a “hold” rating in a research report on Tuesday, January 8th. Finally, Oppenheimer reissued a “hold” rating on shares of Alliance Data Systems in a research report on Friday, April 26th. Three analysts have rated the stock with a sell rating, five have given a hold rating and seven have issued a buy rating to the stock. Alliance Data Systems presently has an average rating of “Hold” and a consensus price target of $221.42.

COPYRIGHT VIOLATION NOTICE: This article was originally published by Baseball Daily News and is the sole property of of Baseball Daily News. If you are viewing this article on another domain, it was stolen and reposted in violation of international copyright and trademark laws. The original version of this article can be accessed at https://www.baseballdailydigest.com/news/2019/05/08/alliance-data-systems-co-ads-plans-quarterly-dividend-of-0-63.html.

Alliance Data Systems Company Profile

Alliance Data Systems Corporation provides data-driven marketing and loyalty solutions worldwide. It operates through three segments: LoyaltyOne, Epsilon, and Card Services. The company offers a portfolio of integrated outsourced marketing solutions, including customer loyalty programs, database marketing services, end-to-end marketing services, analytics and creative services, direct marketing services, and private label and co-brand retail credit card programs.

Further Reading: Understanding Average Daily Trade Volume

Dividend History for Alliance Data Systems (NYSE:ADS)

Receive News & Ratings for Alliance Data Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alliance Data Systems and related companies with MarketBeat.com's FREE daily email newsletter.