Telefonica Brasil SA (NYSE:VIV) declared an annual dividend on Monday, March 26th, NASDAQ reports. Investors of record on Monday, April 16th will be given a dividend of 0.384 per share by the Wireless communications provider on Monday, April 16th. The ex-dividend date of this dividend is Friday, April 13th.
Telefonica Brasil has decreased its dividend by an average of 12.4% per year over the last three years and has raised its dividend every year for the last 5 years.
Telefonica Brasil stock opened at $15.07 on Friday. Telefonica Brasil has a 52 week low of $13.06 and a 52 week high of $17.33. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.94 and a quick ratio of 0.92. The stock has a market cap of $25,448.62, a P/E ratio of 17.52, a price-to-earnings-growth ratio of 1.17 and a beta of 1.38.
Telefonica Brasil (NYSE:VIV) last posted its earnings results on Wednesday, February 21st. The Wireless communications provider reported $0.28 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.25 by $0.03. Telefonica Brasil had a return on equity of 6.60% and a net margin of 10.65%. The business had revenue of $3.40 billion during the quarter. equities research analysts predict that Telefonica Brasil will post 1.02 earnings per share for the current fiscal year.
A number of equities analysts have recently issued reports on the company. Zacks Investment Research cut Telefonica Brasil from a “hold” rating to a “strong sell” rating in a report on Friday. Goldman Sachs assumed coverage on Telefonica Brasil in a report on Tuesday, April 3rd. They issued a “neutral” rating and a $18.00 price objective for the company. Royal Bank of Canada set a $16.00 price objective on Telefonica Brasil and gave the stock a “hold” rating in a report on Friday, March 23rd. Barclays upped their price objective on Telefonica Brasil from $17.50 to $18.00 and gave the stock an “overweight” rating in a report on Tuesday, March 20th. Finally, Santander cut Telefonica Brasil from a “buy” rating to a “hold” rating in a report on Thursday, December 21st. One analyst has rated the stock with a sell rating, five have given a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $17.00.
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Telefonica Brasil Company Profile
Telefônica Brasil SA provides mobile and fixed line telecommunications services to residential and corporate customers in Brazil. Its fixed line services portfolio includes local, domestic long-distance, and international long-distance calls; and mobile portfolio comprises voice and broadband Internet access through 3G and 4G, as well as mobile value-added services and wireless roaming services.
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