ADT Inc. (ADT) to Distribute Quarterly Dividend of $0.06 on October 1st

ADT Inc. (NYSE:ADTGet Free Report) announced a quarterly dividend on Thursday, July 30th. Shareholders of record on Thursday, September 10th will be paid a dividend of 0.055 per share by the security and automation business on Thursday, October 1st. This represents a c) dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Thursday, September 10th.

ADT has raised its dividend by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 1 consecutive years. ADT has a dividend payout ratio of 23.7% indicating that its dividend is sufficiently covered by earnings. Analysts expect ADT to earn $0.90 per share next year, which means the company should continue to be able to cover its $0.22 annual dividend with an expected future payout ratio of 24.4%.

ADT Trading Up 1.8%

Shares of ADT stock opened at $7.64 on Friday. The company has a market cap of $5.61 billion, a PE ratio of 10.77 and a beta of 1.01. ADT has a 1 year low of $6.24 and a 1 year high of $8.94. The stock’s 50 day simple moving average is $6.81 and its two-hundred day simple moving average is $7.10. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.69 and a quick ratio of 0.67.

ADT (NYSE:ADTGet Free Report) last announced its earnings results on Thursday, July 30th. The security and automation business reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.01. The firm had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.29 billion. ADT had a return on equity of 18.99% and a net margin of 11.85%.The company’s quarterly revenue was up 1.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.23 EPS. ADT has set its FY 2026 guidance at 0.910-0.910 EPS. Research analysts predict that ADT will post 0.87 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have commented on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of ADT in a research note on Wednesday, July 15th. Morgan Stanley increased their target price on shares of ADT from $7.50 to $7.75 and gave the company an “equal weight” rating in a research note on Friday. Finally, UBS Group set a $7.50 target price on shares of ADT in a report on Friday, May 1st. Two equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $8.23.

Check Out Our Latest Stock Analysis on ADT

About ADT

(Get Free Report)

ADT Inc is a leading provider of security and automation solutions for residential and commercial customers. The company offers a comprehensive suite of products and services, including intrusion detection systems, video surveillance, fire and carbon monoxide monitoring, and integrated smart home automation platforms. Through professional installation, continuous monitoring, and a network of 24/7 monitoring centers, ADT helps customers protect their properties, assets and loved ones.

Founded in 1874 as the American District Telegraph Company, ADT has evolved from one of the first telegraph-based alarm services into a modern security technology enterprise.

Further Reading

Dividend History for ADT (NYSE:ADT)

Receive News & Ratings for ADT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ADT and related companies with MarketBeat.com's FREE daily email newsletter.