Atlantica Sustainable Infrastructure (NASDAQ:AY – Get Free Report) issued its quarterly earnings results on Thursday. The utilities provider reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.24 by ($0.06), Zacks reports. Atlantica Sustainable Infrastructure had a return on equity of 2.50% and a net margin of 3.59%. The company had revenue of $328.26 million for the quarter, compared to analysts’ expectations of $315.07 million.
Atlantica Sustainable Infrastructure Trading Up 0.0 %
Atlantica Sustainable Infrastructure stock traded up $0.01 during midday trading on Friday, reaching $22.15. The stock had a trading volume of 783,144 shares, compared to its average volume of 941,688. Atlantica Sustainable Infrastructure has a twelve month low of $16.35 and a twelve month high of $23.57. The stock has a market capitalization of $2.57 billion, a PE ratio of 48.15, a price-to-earnings-growth ratio of 1.32 and a beta of 1.02. The company has a debt-to-equity ratio of 3.25, a quick ratio of 1.50 and a current ratio of 1.55. The stock’s 50-day simple moving average is $22.06 and its 200 day simple moving average is $20.26.
Atlantica Sustainable Infrastructure Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, September 16th. Investors of record on Friday, August 30th will be issued a $0.445 dividend. This represents a $1.78 dividend on an annualized basis and a yield of 8.04%. The ex-dividend date of this dividend is Friday, August 30th. Atlantica Sustainable Infrastructure’s payout ratio is currently 386.96%.
Wall Street Analyst Weigh In
View Our Latest Stock Analysis on AY
Atlantica Sustainable Infrastructure Company Profile
Atlantica Sustainable Infrastructure plc owns, manages, and invests in renewable energy, storage, natural gas and heat, electric transmission lines, and water assets in North America, South America, Europe, the Middle East, and Africa. The company was formerly known as Atlantica Yield plc and changed its name to Atlantica Sustainable Infrastructure plc in May 2020.
Recommended Stories
- Five stocks we like better than Atlantica Sustainable Infrastructure
- Stock Ratings and Recommendations: Understanding Analyst Ratings
- Market Crash? No Problem for DoorDash Stock’s Impressive Earnings
- What is a Stock Market Index and How Do You Use Them?
- Snap’s Stock Plummets on Q2 Revenue Guidance Shortfall
- What is MarketRankā¢? How to Use it
- Hims & Hers Stock Falls on DexCom Fears: Analysts Predict Rally
Receive News & Ratings for Atlantica Sustainable Infrastructure Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atlantica Sustainable Infrastructure and related companies with MarketBeat.com's FREE daily email newsletter.