Terex Corporation (TEX) to Distribute Quarterly Dividend of $0.17 on September 18th

Terex Corporation (NYSE:TEX) declared a quarterly dividend on Friday, June 26th. Investors of record on Tuesday, August 11th will be given a dividend of 0.17 per share by the industrial products company on Friday, September 18th. This represents a c) dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Tuesday, August 11th.

Terex has increased its dividend by an average of 0.4%annually over the last three years and has raised its dividend every year for the last 5 years. Terex has a dividend payout ratio of 12.2% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Terex to earn $5.93 per share next year, which means the company should continue to be able to cover its $0.68 annual dividend with an expected future payout ratio of 11.5%.

Terex Price Performance

Terex stock opened at $67.77 on Friday. The stock’s fifty day moving average price is $66.03 and its two-hundred day moving average price is $63.33. The firm has a market cap of $7.74 billion, a PE ratio of 34.58, a price-to-earnings-growth ratio of 1.04 and a beta of 1.51. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.82 and a quick ratio of 0.93. Terex has a one year low of $41.70 and a one year high of $74.69.

Terex (NYSE:TEX) last released its quarterly earnings data on Thursday, July 30th. The industrial products company reported $1.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.23 by $0.14. Terex had a net margin of 2.23% and a return on equity of 12.24%. The business had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.14 billion. During the same period in the prior year, the company earned $1.49 EPS. The firm’s quarterly revenue was up 50.5% compared to the same quarter last year. Terex has set its FY 2026 guidance at 4.700-5.100 EPS. As a group, research analysts expect that Terex will post 4.96 EPS for the current fiscal year.

More Terex News

Here are the key news stories impacting Terex this week:

• Positive Sentiment: KeyCorp raised its earnings forecasts: The firm increased its Q3 2026 EPS estimate to $1.37 from $1.33 and lifted its FY2026 forecast to $4.95 from $4.84, matching the current consensus estimate.
• Positive Sentiment: Higher long-term profit expectations: KeyCorp boosted its FY2027 EPS estimate to $5.80 from $5.33 and its FY2028 estimate to $6.70 from $6.32. The upgrades suggest improving confidence in Terex’s earnings growth beyond the current year.
• Positive Sentiment: Buy rating retained: Barclays continued to rate Terex “Buy,” reinforcing the constructive analyst sentiment surrounding the stock. Barclays Sticks to Their Buy Rating for Terex
• Neutral Sentiment: Additional quarterly estimates issued: KeyCorp projected 2027 EPS of $1.16, $1.52, $1.66 and $1.45 for the first through fourth quarters, respectively, along with 2028 first- and second-quarter EPS of $1.36 and $1.75. These figures provide a more detailed earnings outlook but were not identified as additional forecast increases.
• Neutral Sentiment: Valuation remains a consideration: Terex recently traded at $67.77, above its 50-day and 200-day moving averages and near its 52-week high. With a P/E ratio of approximately 34.6, further gains may depend on the company delivering the analysts’ projected earnings growth.

Terex Company Profile

Terex Corporation is a global manufacturer of lifting and material-handling plant and equipment, serving a range of industries that includes construction, infrastructure, energy, manufacturing and shipping logistics. Its product portfolio encompasses aerial work platforms, rough terrain and tower cranes, port and cargo handling equipment, material processing machinery and utility products. These offerings are marketed under well-known brands such as Genie®, Terex® AWP, Terex® Cranes, Demag®, and Powerscreen®, and are designed to meet diverse application requirements from building sites to industrial facilities and ports.

Headquartered in Westport, Connecticut, Terex traces its roots back to 1933 and has grown through strategic acquisitions and organic expansion.