Booz Allen Hamilton Holding Corporation (BAH) to Distribute Quarterly Dividend of $0.59 on December 4th

Booz Allen Hamilton Holding Corporation (NYSE:BAH) announced a quarterly dividend on Wednesday, October 21st. Stockholders of record on Thursday, November 12th will be paid a dividend of $0.59 per share by the business services provider on Friday, December 4th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Thursday, November 12th.

Booz Allen Hamilton has increased its dividend by an average of 0.1% per year over the last three years and has raised its dividend every year for the last 14 years. Booz Allen Hamilton has a dividend payout ratio of 31.7% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Booz Allen Hamilton to earn $6.81 per share next year, which means the company should continue to be able to cover its $2.36 annual dividend with an expected future payout ratio of 34.7%.

Booz Allen Hamilton Stock Up 1.9%

BAH opened at $86.96 on Tuesday. The firm has a 50 day moving average price of $76.60 and a 200 day moving average price of $76.46. The company has a market cap of $10.31 billion, a PE ratio of 13.50, a price-to-earnings-growth ratio of 2.01 and a beta of 0.28. The company has a debt-to-equity ratio of 3.53, a quick ratio of 1.43 and a current ratio of 1.43. Booz Allen Hamilton has a 1 year low of $59.50 and a 1 year high of $109.10.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings results on Friday, October 23rd. The business services provider reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.48 by $0.28. Booz Allen Hamilton had a return on equity of 75.00% and a net margin of 7.14%. The business had revenue of $2.78 billion for the quarter, compared to analyst estimates of $2.81 billion. During the same period in the prior year, the company posted $1.49 EPS. The business’s revenue was down 3.9% compared to the same quarter last year. Booz Allen Hamilton has set its FY 2027 guidance at 6.500-6.700 EPS. Sell-side analysts expect that Booz Allen Hamilton will post 6.61 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on BAH shares. National Bank Financial set a $95.00 price objective on Booz Allen Hamilton in a research report on Monday, October 26th. BNP Paribas Exane raised their price objective on Booz Allen Hamilton from $70.00 to $85.00 and gave the company a “neutral” rating in a report on Monday, October 26th. Wall Street Zen raised Booz Allen Hamilton from a “hold” rating to a “buy” rating in a research report on Monday, October 19th. Citigroup raised their target price on shares of Booz Allen Hamilton from $77.00 to $88.00 and gave the company a “neutral” rating in a report on Monday, October 26th. Finally, Truist Financial raised Booz Allen Hamilton from a “hold” rating to a “buy” rating and upped their target price for the stock from $70.00 to $85.00 in a report on Thursday, October 8th. Five analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, Booz Allen Hamilton has an average rating of “Hold” and a consensus target price of $89.29.

Booz Allen Hamilton Company Profile

Booz Allen Hamilton is a management and technology consulting firm that helps government and commercial clients address complex operational and technical challenges. Its services include strategy and organizational consulting, digital transformation, systems engineering, data analytics, artificial intelligence, and cybersecurity.

The company has a substantial focus on U.S. federal government work, supporting defense, intelligence, and civilian agencies on national security and public-sector missions.