Ferrovial SE (NASDAQ:FER) Shareholders Set to Receive €0.83 Special Dividend

Ferrovial SE (NASDAQ:FER) declared a special dividend on Tuesday, October 27th. Shareholders of record on Friday, November 6th will be paid a dividend of €0.83 per share on Thursday, December 10th. The ex-dividend date is Friday, November 6th.

Ferrovial Stock Up 0.7%

NASDAQ:FER opened at $57.54 on Wednesday. The company has a 50-day moving average price of $54.35 and a 200-day moving average price of $64.18. Ferrovial has a 12 month low of $48.00 and a 12 month high of $74.79. The company has a quick ratio of 1.09, a current ratio of 1.20 and a debt-to-equity ratio of 1.39.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on FER. Bank of America reissued a “buy” rating on shares of Ferrovial in a research note on Monday, September 14th. Weiss Ratings cut Ferrovial from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, October 2nd. Zacks Research cut Ferrovial from a “hold” rating to a “strong sell” rating in a research note on Friday, August 14th. Morgan Stanley reiterated an “overweight” rating on shares of Ferrovial in a report on Tuesday, September 22nd. Finally, JPMorgan Chase & Co. lowered Ferrovial from an “overweight” rating to a “neutral” rating in a research report on Tuesday, October 6th. Four research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $70.47.

Ferrovial Company Profile

Ferrovial SE is a global infrastructure company that develops, finances, operates and maintains transportation and other essential infrastructure. Its activities primarily focus on toll roads and mobility infrastructure, airports, energy infrastructure and construction services. The company participates in projects through development, investment, operations and long-term maintenance, often under public-private partnership and concession arrangements.

Ferrovial’s transportation portfolio includes managed-lane and toll-road projects, while its airports business has included the development and operation of airport infrastructure.