Entain Plc (LON:ENT) to Issue Dividend of GBX 9.30

Entain Plc (LON:ENT) declared a dividend on Thursday, August 8th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, August 15th will be given a dividend of GBX 9.30 ($0.12) per share on Friday, September 20th. This represents a yield of 1.78%. The ex-dividend date is Thursday, August 15th. This is a boost from Entain’s previous dividend of $8.90. The official announcement can be seen at this link.

Entain Stock Performance

ENT traded up GBX 34.60 ($0.44) on Thursday, reaching GBX 558 ($7.13). The stock had a trading volume of 35,855,664 shares, compared to its average volume of 2,739,663. Entain has a 12-month low of GBX 498.50 ($6.37) and a 12-month high of GBX 1,396 ($17.84). The company has a current ratio of 0.56, a quick ratio of 0.74 and a debt-to-equity ratio of 134.33. The business’s 50-day moving average price is GBX 645.51 and its two-hundred day moving average price is GBX 770.36. The company has a market cap of £3.57 billion, a P/E ratio of -408.81, a price-to-earnings-growth ratio of 0.92 and a beta of 1.24.

Insider Buying and Selling

In related news, insider J M. Barry Gibson acquired 5,066 shares of the firm’s stock in a transaction that occurred on Monday, June 3rd. The shares were purchased at an average price of GBX 687 ($8.78) per share, with a total value of £34,803.42 ($44,477.21). 0.20% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on ENT. Berenberg Bank reissued a “buy” rating and set a GBX 1,140 ($14.57) target price on shares of Entain in a research note on Wednesday, April 17th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 1,089 ($13.92) target price on shares of Entain in a research note on Thursday, April 18th. Shore Capital restated a “buy” rating on shares of Entain in a research report on Wednesday, April 17th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 1,140 ($14.57) price objective on shares of Entain in a research report on Monday, June 24th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of GBX 1,143.17 ($14.61).

Entain Company Profile

Entain Plc operates as a sports-betting and gaming company. The company provides online and multi-channel betting under the Ladbrokes name; street and online betting under the Coral name; online sports betting, casino, and gaming under the Eurobet name; scores, sports information, editorial and social content, and sports focused free-to play games under the 365Scores name; sports betting and games under the SuperSport and BetCity names; online betting under the bwin name; and sports betting, poker, and casino games under the Crystalbet name.