Grupo Aeroportuario del Sureste, S. A. B. de C. V. Declares Annual Dividend of $5.60 (NYSE:ASR)

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) declared an annual dividend on Wednesday, June 5th, Wall Street Journal reports. Stockholders of record on Tuesday, June 25th will be given a dividend of 5.597 per share by the transportation company on Monday, July 8th. This represents a dividend yield of 3.3%. The ex-dividend date of this dividend is Tuesday, June 25th.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Price Performance

NYSE:ASR opened at $315.18 on Friday. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 52-week low of $165.00 and a 52-week high of $357.90. The company has a market cap of $9.46 billion, a P/E ratio of 14.90, a P/E/G ratio of 1.44 and a beta of 1.14. The company has a debt-to-equity ratio of 0.21, a quick ratio of 3.87 and a current ratio of 3.88. The stock’s 50-day simple moving average is $329.88 and its 200 day simple moving average is $306.58.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last released its earnings results on Monday, April 22nd. The transportation company reported $6.21 earnings per share for the quarter. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a net margin of 40.21% and a return on equity of 22.21%. The business had revenue of $438.09 million during the quarter. As a group, sell-side analysts forecast that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23.43 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on ASR. Barclays cut shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from an “overweight” rating to an “equal weight” rating in a report on Wednesday, March 13th. StockNews.com upgraded shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “hold” rating to a “buy” rating in a research note on Tuesday, April 23rd. One investment analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $274.00.

About Grupo Aeroportuario del Sureste, S. A. B. de C. V.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. holds concessions to operate, maintain, and develop airports in the southeast region of Mexico. The company operates airports that are located in the cities of Cancún, Cozumel, Mérida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula, and Minatitlán.