JD.com, Inc. (NASDAQ:JD - Get Free Report) declared an annual dividend on Thursday, March 7th, Zacks reports. Shareholders of record on Friday, April 5th will be given a dividend of 0.74 per share by the information services provider on Monday, April 29th. This represents a yield of 2.99%. The ex-dividend date of this dividend is Thursday, April 4th.
JD.com Trading Up 3.2 %
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JD.com stock opened at $24.75 on Friday. The business has a 50 day moving average price of $23.81 and a two-hundred day moving average price of $26.94. The company has a quick ratio of 1.12, a current ratio of 1.16 and a debt-to-equity ratio of 0.14. The stock has a market cap of $39.03 billion, a price-to-earnings ratio of 11.62, a price-to-earnings-growth ratio of 0.20 and a beta of 0.52. JD.com has a 12 month low of $20.82 and a 12 month high of $45.16.
JD.com (NASDAQ:JD - Get Free Report) last posted its quarterly earnings results on Wednesday, March 6th. The information services provider reported $5.30 EPS for the quarter, beating the consensus estimate of $0.56 by $4.74. The firm had revenue of $306.08 billion during the quarter, compared to analysts' expectations of $300.21 billion. JD.com had a return on equity of 10.87% and a net margin of 2.22%. The company's revenue for the quarter was up 3.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.54 EPS. As a group, equities analysts forecast that JD.com will post 2.7 EPS for the current year.
Wall Street Analysts Forecast Growth
- JD.com Stock Is Back to 2018 Prices, Earnings Set to Beat Peers
JD has been the subject of a number of recent research reports. Mizuho increased their target price on JD.com from $32.00 to $33.00 and gave the stock a "buy" rating in a report on Thursday. Benchmark reissued a "buy" rating and issued a $67.00 target price on shares of JD.com in a report on Thursday, November 16th. Citigroup dropped their target price on JD.com from $43.00 to $42.00 and set a "buy" rating for the company in a report on Thursday, January 25th. Susquehanna dropped their target price on JD.com from $38.00 to $30.00 and set a "neutral" rating for the company in a report on Monday, November 20th. Finally, StockNews.com cut JD.com from a "buy" rating to a "hold" rating in a report on Thursday. Eight analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, JD.com has a consensus rating of "Moderate Buy" and an average price target of $39.64.
Get Our Latest Research Report on JD
Institutional Inflows and Outflows
- 3 Chinese stocks poised for rebound
Several hedge funds and other institutional investors have recently made changes to their positions in JD. Dodge & Cox raised its stake in shares of JD.com by 18.9% in the 4th quarter. Dodge & Cox now owns 21,944,549 shares of the information services provider's stock valued at $633,978,000 after purchasing an additional 3,482,900 shares during the period. Voloridge Investment Management LLC raised its stake in shares of JD.com by 2,693.5% in the 4th quarter. Voloridge Investment Management LLC now owns 6,397,396 shares of the information services provider's stock valued at $184,821,000 after purchasing an additional 6,168,384 shares during the period. State Street Corp raised its stake in shares of JD.com by 7.6% in the 3rd quarter. State Street Corp now owns 2,582,775 shares of the information services provider's stock valued at $129,990,000 after purchasing an additional 182,350 shares during the period. Nuveen Asset Management LLC acquired a new stake in shares of JD.com in the 4th quarter valued at about $69,306,000. Finally, Steadfast Capital Management LP raised its stake in shares of JD.com by 20.2% in the 1st quarter. Steadfast Capital Management LP now owns 1,970,017 shares of the information services provider's stock valued at $86,464,000 after purchasing an additional 330,848 shares during the period. 15.98% of the stock is currently owned by institutional investors.
JD.com Company Profile
(Get Free Report)
JD.com, Inc provides supply chain-based technologies and services in the People's Republic of China. The company offers computers, communication, and consumer electronics products, as well as home appliances; and general merchandise products comprising food, beverage and fresh produce, baby and maternity products, furniture and household goods, cosmetics and other personal care items, pharmaceutical and healthcare products, industrial products, books, automobile accessories, apparel and footwear, bags, and jewelry.
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