US Ecology Inc (NASDAQ:ECOL) announced a quarterly dividend on Friday, January 3rd, Wall Street Journal reports. Investors of record on Friday, January 17th will be given a dividend of 0.18 per share by the business services provider on Friday, January 24th. This represents a $0.72 annualized dividend and a yield of 1.30%. The ex-dividend date of this dividend is Thursday, January 16th.
US Ecology has a dividend payout ratio of 32.9% meaning its dividend is sufficiently covered by earnings. Equities analysts expect US Ecology to earn $2.23 per share next year, which means the company should continue to be able to cover its $0.72 annual dividend with an expected future payout ratio of 32.3%.
Shares of NASDAQ:ECOL traded up $0.66 during trading hours on Friday, hitting $55.44. The stock had a trading volume of 184,796 shares, compared to its average volume of 165,975. The stock’s fifty day simple moving average is $56.20 and its 200 day simple moving average is $60.05. US Ecology has a 1-year low of $53.43 and a 1-year high of $67.24. The firm has a market capitalization of $1.22 billion, a price-to-earnings ratio of 23.90 and a beta of 0.55. The company has a debt-to-equity ratio of 0.95, a quick ratio of 2.03 and a current ratio of 2.03.
US Ecology (NASDAQ:ECOL) last announced its quarterly earnings results on Wednesday, October 30th. The business services provider reported $0.75 EPS for the quarter, beating the consensus estimate of $0.74 by $0.01. US Ecology had a net margin of 8.22% and a return on equity of 13.61%. The company had revenue of $167.40 million for the quarter, compared to analyst estimates of $161.25 million. During the same quarter last year, the business earned $0.61 earnings per share. US Ecology’s revenue was up 10.6% compared to the same quarter last year. As a group, research analysts anticipate that US Ecology will post 2.2 EPS for the current year.
ECOL has been the topic of a number of research analyst reports. UBS Group set a $63.00 price objective on shares of US Ecology and gave the company a “hold” rating in a research note on Friday, November 1st. BidaskClub lowered shares of US Ecology from a “sell” rating to a “strong sell” rating in a research note on Friday, November 15th. Zacks Investment Research lowered shares of US Ecology from a “hold” rating to a “strong sell” rating in a research note on Thursday. Finally, ValuEngine lowered shares of US Ecology from a “buy” rating to a “hold” rating in a research note on Wednesday.
About US Ecology
US Ecology, Inc, through its subsidiaries, provides environmental services to commercial and government entities in the United States, Canada, and Mexico. It operates through two segments, Environmental Services, and Field & Industrial Services. The Environmental Services segment offers hazardous material management services, including transportation, recycling, treatment, and disposal of hazardous, non-hazardous, and radioactive waste at its landfill, wastewater, deep-well injection, and other treatment facilities.
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