Nu Skin Enterprises, Inc. (NYSE:NUS) Declares Quarterly Dividend of $0.39

Nu Skin Enterprises, Inc. (NYSE:NUSGet Rating) announced a quarterly dividend on Thursday, August 4th, Zacks reports. Stockholders of record on Friday, August 26th will be given a dividend of 0.385 per share on Wednesday, September 7th. This represents a $1.54 annualized dividend and a dividend yield of 3.55%. The ex-dividend date of this dividend is Thursday, August 25th.

Nu Skin Enterprises has a payout ratio of 41.4% meaning its dividend is sufficiently covered by earnings. Research analysts expect Nu Skin Enterprises to earn $3.84 per share next year, which means the company should continue to be able to cover its $1.54 annual dividend with an expected future payout ratio of 40.1%.

Nu Skin Enterprises Stock Down 2.8 %

NYSE NUS traded down $1.25 on Friday, hitting $43.35. 520,423 shares of the company were exchanged, compared to its average volume of 345,016. The company has a market cap of $2.18 billion, a PE ratio of 19.53 and a beta of 1.16. Nu Skin Enterprises has a 12 month low of $39.40 and a 12 month high of $56.76. The stock has a fifty day moving average of $44.22 and a 200-day moving average of $46.51. The company has a current ratio of 1.72, a quick ratio of 0.95 and a debt-to-equity ratio of 0.28.

Nu Skin Enterprises (NYSE:NUSGet Rating) last issued its earnings results on Wednesday, May 4th. The company reported $0.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $0.03. The business had revenue of $604.90 million for the quarter, compared to analyst estimates of $579.70 million. Nu Skin Enterprises had a net margin of 4.57% and a return on equity of 19.85%. Nu Skin Enterprises’s revenue was down 10.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.91 earnings per share. As a group, analysts forecast that Nu Skin Enterprises will post 3.62 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. StockNews.com raised shares of Nu Skin Enterprises from a “hold” rating to a “buy” rating in a research note on Wednesday, June 22nd. TheStreet lowered shares of Nu Skin Enterprises from a “b” rating to a “c” rating in a research note on Thursday. Two equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $61.50.

Insider Buying and Selling at Nu Skin Enterprises

In other Nu Skin Enterprises news, insider Joseph Y. Chang sold 16,000 shares of the firm’s stock in a transaction on Wednesday, June 1st. The shares were sold at an average price of $46.57, for a total value of $745,120.00. Following the transaction, the insider now directly owns 22,957 shares of the company’s stock, valued at $1,069,107.49. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, insider Joseph Y. Chang sold 16,000 shares of the firm’s stock in a transaction dated Wednesday, June 1st. The shares were sold at an average price of $46.57, for a total transaction of $745,120.00. Following the transaction, the insider now directly owns 22,957 shares of the company’s stock, valued at $1,069,107.49. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman Steven Lund sold 51,300 shares of the firm’s stock in a transaction dated Monday, June 13th. The shares were sold at an average price of $43.83, for a total transaction of $2,248,479.00. Following the transaction, the chairman now directly owns 27,200 shares in the company, valued at $1,192,176. The disclosure for this sale can be found here. Over the last three months, insiders have sold 148,143 shares of company stock valued at $6,647,717. Corporate insiders own 2.80% of the company’s stock.

Institutional Trading of Nu Skin Enterprises

Large investors have recently added to or reduced their stakes in the stock. AlphaCrest Capital Management LLC bought a new stake in shares of Nu Skin Enterprises during the 1st quarter valued at $336,000. MetLife Investment Management LLC boosted its stake in Nu Skin Enterprises by 39.1% in the 1st quarter. MetLife Investment Management LLC now owns 58,476 shares of the company’s stock worth $2,800,000 after purchasing an additional 16,431 shares in the last quarter. Panagora Asset Management Inc. bought a new position in Nu Skin Enterprises in the 1st quarter worth about $385,000. Rhumbline Advisers boosted its stake in Nu Skin Enterprises by 0.6% in the 1st quarter. Rhumbline Advisers now owns 148,426 shares of the company’s stock worth $7,107,000 after purchasing an additional 849 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in Nu Skin Enterprises by 10.5% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 18,260 shares of the company’s stock worth $874,000 after purchasing an additional 1,741 shares in the last quarter. Hedge funds and other institutional investors own 93.79% of the company’s stock.

Nu Skin Enterprises Company Profile

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Nu Skin Enterprises, Inc develops and distributes beauty and wellness products worldwide. It provides skin care systems, including ageLOC Spa systems, ageLOC Transformation anti-aging skin care systems, and ageLOC LumiSpa skin treatment and cleansing devices; and ageLOC Boost, as well as a range of other cosmetic and personal care products.

See Also

Dividend History for Nu Skin Enterprises (NYSE:NUS)

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