Textron (NYSE:TXT – Get Free Report) is scheduled to be releasing its earnings data before the market opens on Thursday, October 24th. Analysts expect Textron to post earnings of $1.56 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.
Textron Stock Performance
Shares of TXT opened at $89.39 on Tuesday. The firm’s 50 day moving average is $87.80 and its 200-day moving average is $88.35. The stock has a market capitalization of $16.75 billion, a P/E ratio of 18.91, a P/E/G ratio of 1.47 and a beta of 1.23. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.79 and a quick ratio of 0.81. Textron has a 12-month low of $74.13 and a 12-month high of $97.33.
Textron Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 1st. Stockholders of record on Friday, September 13th were paid a $0.02 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $0.08 annualized dividend and a dividend yield of 0.09%. Textron’s dividend payout ratio is currently 1.69%.
Analyst Ratings Changes
View Our Latest Stock Report on TXT
About Textron
Textron Inc operates in the aircraft, defense, industrial, and finance businesses worldwide. It operates through six segments: Textron Aviation, Bell, Textron Systems, Industrial, Textron eAviation, and Finance. The Textron Aviation segment manufactures, sells, and services business jets, turboprop and piston engine aircraft, and military trainer and defense aircraft; and offers maintenance, inspection, and repair services, as well as sells commercial parts.
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