Schweitzer-Mauduit International, Inc. (NYSE:SWM) has earned an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating.
Analysts have set a 12 month consensus target price of $50.00 for the company and are anticipating that the company will post $0.90 EPS for the current quarter, according to Zacks. Zacks has also given Schweitzer-Mauduit International an industry rank of 201 out of 255 based on the ratings given to related companies.
Separately, Zacks Investment Research lowered Schweitzer-Mauduit International from a “buy” rating to a “hold” rating in a research report on Wednesday, April 25th.
Schweitzer-Mauduit International (NYSE:SWM) last posted its quarterly earnings data on Wednesday, May 2nd. The company reported $0.82 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.73 by $0.09. Schweitzer-Mauduit International had a return on equity of 18.54% and a net margin of 4.08%. The company had revenue of $261.90 million during the quarter, compared to analyst estimates of $236.30 million. During the same quarter last year, the company earned $0.66 EPS. The firm’s revenue for the quarter was up 12.3% on a year-over-year basis. equities research analysts forecast that Schweitzer-Mauduit International will post 3.39 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, June 22nd. Investors of record on Friday, May 25th were given a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 3.94%. The ex-dividend date was Thursday, May 24th. Schweitzer-Mauduit International’s dividend payout ratio (DPR) is presently 54.09%.
A number of hedge funds have recently bought and sold shares of SWM. Renaissance Technologies LLC increased its holdings in shares of Schweitzer-Mauduit International by 5.5% in the 4th quarter. Renaissance Technologies LLC now owns 633,200 shares of the company’s stock worth $28,722,000 after purchasing an additional 32,900 shares in the last quarter. Millennium Management LLC increased its holdings in shares of Schweitzer-Mauduit International by 5.2% in the 4th quarter. Millennium Management LLC now owns 208,792 shares of the company’s stock worth $9,471,000 after purchasing an additional 10,319 shares in the last quarter. Deutsche Bank AG increased its holdings in shares of Schweitzer-Mauduit International by 3.6% in the 4th quarter. Deutsche Bank AG now owns 144,679 shares of the company’s stock worth $6,561,000 after purchasing an additional 5,059 shares in the last quarter. Sterling Capital Management LLC bought a new stake in shares of Schweitzer-Mauduit International in the 4th quarter worth $1,062,000. Finally, Stone Ridge Asset Management LLC bought a new stake in shares of Schweitzer-Mauduit International in the 4th quarter worth $212,000. 87.68% of the stock is owned by institutional investors.
About Schweitzer-Mauduit International
Schweitzer-Mauduit International, Inc, together with its subsidiaries, provides engineered solutions and advanced materials for various industries worldwide. The company operates through two segments, Engineered Papers and Advanced Materials & Structures. The Engineered Papers segment produces and sells cigarette papers, reconstituted tobacco leaf, and wrapper and binder products to cigarette and cigar manufacturers; and other non-tobacco paper products.
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