H & M Hennes & Mauritz AB (publ) (HNNMY) To Go Ex-Dividend on November 8th

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) declared a dividend on Wednesday, October 16th, NASDAQ reports. Shareholders of record on Friday, November 8th will be given a dividend of 0.0625 per share on Friday, November 29th. The ex-dividend date of this dividend is Friday, November 8th. This is an increase from H & M Hennes & Mauritz AB (publ)’s previous dividend of $0.06.

H & M Hennes & Mauritz AB (publ) Trading Up 0.3 %

HNNMY opened at $2.96 on Wednesday. The stock has a market capitalization of $20.96 billion, a PE ratio of 24.67 and a beta of 1.45. H & M Hennes & Mauritz AB has a one year low of $2.54 and a one year high of $3.69. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.55 and a current ratio of 1.11. The business’s 50 day moving average price is $3.21 and its 200 day moving average price is $3.22.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) last posted its earnings results on Thursday, September 26th. The company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.01). The business had revenue of $5.61 billion during the quarter, compared to analysts’ expectations of $5.84 billion. H & M Hennes & Mauritz AB (publ) had a net margin of 4.30% and a return on equity of 23.03%. As a group, equities research analysts expect that H & M Hennes & Mauritz AB will post 0.15 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts recently weighed in on HNNMY shares. Barclays upgraded shares of H & M Hennes & Mauritz AB (publ) to a “strong-buy” rating in a report on Friday, September 27th. Redburn Atlantic lowered shares of H & M Hennes & Mauritz AB (publ) from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 31st. One research analyst has rated the stock with a sell rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, H & M Hennes & Mauritz AB (publ) currently has an average rating of “Moderate Buy”.

About H & M Hennes & Mauritz AB (publ)

H & M Hennes & Mauritz AB (publ) provides clothing, accessories, footwear, cosmetics, home textiles, and homeware for women, men, and children worldwide. It offers sportswear, shoes, bags, beauty products, activewear, jeans, and ready-to-wear; and interior products, including bed linens, dinnerware, textiles, furniture, and lighting.