Union Pacific Co. to Issue Quarterly Dividend of $1.34 (NYSE:UNP)

Union Pacific Co. (NYSE:UNP) declared a quarterly dividend on Wednesday, November 27th,RTT News reports. Shareholders of record on Monday, December 9th will be paid a dividend of 1.34 per share by the railroad operator on Monday, December 30th. This represents a $5.36 dividend on an annualized basis and a yield of 2.19%.

Union Pacific has increased its dividend payment by an average of 10.3% per year over the last three years and has raised its dividend annually for the last 18 consecutive years. Union Pacific has a payout ratio of 44.0% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Union Pacific to earn $12.06 per share next year, which means the company should continue to be able to cover its $5.36 annual dividend with an expected future payout ratio of 44.4%.

Union Pacific Stock Down 0.2 %

Shares of UNP stock traded down $0.40 during trading on Wednesday, reaching $245.23. The company’s stock had a trading volume of 1,550,181 shares, compared to its average volume of 2,319,507. The business has a fifty day moving average price of $240.31 and a 200-day moving average price of $238.46. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. The company has a market cap of $148.67 billion, a price-to-earnings ratio of 22.56, a price-to-earnings-growth ratio of 2.47 and a beta of 1.06. Union Pacific has a one year low of $218.55 and a one year high of $258.66.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). The business had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The business’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.51 EPS. Analysts anticipate that Union Pacific will post 10.94 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts have recently commented on the stock. TD Cowen cut their price objective on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating on the stock in a research report on Friday, October 25th. Bank of America dropped their price target on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a research report on Tuesday, September 24th. Wells Fargo & Company dropped their price target on shares of Union Pacific from $270.00 to $255.00 and set an “overweight” rating on the stock in a research report on Friday, October 25th. Citigroup upped their price target on shares of Union Pacific from $255.00 to $267.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 12th. Finally, BMO Capital Markets dropped their price target on shares of Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a research report on Friday, September 20th. Nine investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Union Pacific has a consensus rating of “Moderate Buy” and an average price target of $259.80.

Union Pacific Company Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.