Value Line (NASDAQ:VALU) Announces Earnings Results

Value Line (NASDAQ:VALU) issued its quarterly earnings results on Friday. The financial services provider reported $0.60 earnings per share for the quarter, Zacks reports. Value Line had a return on equity of 22.29% and a net margin of 54.72%.

Value Line Trading Up 2.4 %

NASDAQ:VALU opened at $53.39 on Friday. Value Line has a 12 month low of $36.00 and a 12 month high of $57.68. The stock has a market capitalization of $502.93 million, a price-to-earnings ratio of 22.72 and a beta of 0.81. The firm has a fifty day simple moving average of $50.91 and a two-hundred day simple moving average of $45.76.

Value Line Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, November 12th. Investors of record on Monday, October 28th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 2.25%. The ex-dividend date of this dividend was Monday, October 28th. Value Line’s dividend payout ratio is presently 51.06%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Value Line from a “hold” rating to a “buy” rating in a research report on Wednesday, September 11th.

About Value Line

Value Line, Inc produces and sells investment periodicals and related publications. Its investment periodicals and related publications cover a range of investments, including stocks, mutual funds, exchange traded funds (ETFs), and options. The company's research services include The Value Line Investment Survey, The Value Line Investment Survey – Small and Mid-Cap, The Value Line 600, and The Value Line Fund Advisor Plus that provide statistical and text coverage of various investment securities, with an emphasis placed on its proprietary research, analysis, and statistical ranks.