Motorola Solutions (MSI) to Release Quarterly Earnings on Thursday

Motorola Solutions (NYSE:MSI) will be announcing its earnings results after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of $3.09 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Motorola Solutions Price Performance

MSI stock traded up $2.05 during trading on Tuesday, reaching $460.23. 26,162 shares of the company were exchanged, compared to its average volume of 663,049. The company has a 50-day moving average of $451.49 and a two-hundred day moving average of $406.23. The company has a market capitalization of $76.78 billion, a price-to-earnings ratio of 53.90, a P/E/G ratio of 3.82 and a beta of 0.97. Motorola Solutions has a twelve month low of $298.63 and a twelve month high of $480.28. The company has a debt-to-equity ratio of 7.03, a current ratio of 1.20 and a quick ratio of 1.03.

Motorola Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Friday, September 13th were given a $0.98 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $3.92 dividend on an annualized basis and a dividend yield of 0.85%. Motorola Solutions’s dividend payout ratio (DPR) is currently 45.90%.

Analyst Ratings Changes

A number of analysts recently commented on the company. JPMorgan Chase & Co. boosted their target price on Motorola Solutions from $436.00 to $440.00 and gave the company an “overweight” rating in a research report on Friday, August 2nd. Bank of America lifted their price objective on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Jefferies Financial Group increased their target price on shares of Motorola Solutions from $460.00 to $510.00 and gave the stock a “buy” rating in a research report on Tuesday, September 3rd. Barclays increased their price objective on Motorola Solutions from $372.00 to $467.00 and gave the stock an “overweight” rating in a report on Friday, August 2nd. Finally, Evercore ISI increased their target price on Motorola Solutions from $450.00 to $500.00 and gave the company an “outperform” rating in a research note on Friday, August 30th. Eight analysts have rated the stock with a buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $479.50.

About Motorola Solutions

Motorola Solutions, Inc provides public safety and enterprise security solutions in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce.