ITV plc (LON:ITV - Get Free Report) insider Carolyn McCall sold 267,242 shares of the firm's stock in a transaction that occurred on Friday, March 28th. The shares were sold at an average price of GBX 79 ($1.03), for a total value of £211,121.18 ($274,147.75).
ITV Trading Down 0.7 %
Shares of ITV opened at GBX 78.06 ($1.01) on Thursday. The firm has a market capitalization of £3.01 billion, a price-to-earnings ratio of 7.13, a P/E/G ratio of -0.53 and a beta of 1.44. The company has a quick ratio of 0.83, a current ratio of 1.56 and a debt-to-equity ratio of 46.00. ITV plc has a 12-month low of GBX 61.29 ($0.80) and a 12-month high of GBX 89 ($1.16). The stock's 50-day moving average price is GBX 75.61 and its 200 day moving average price is GBX 74.45.
ITV (LON:ITV - Get Free Report) last released its quarterly earnings data on Thursday, March 6th. The broadcaster reported GBX 9.60 ($0.12) EPS for the quarter. ITV had a net margin of 12.11% and a return on equity of 23.62%. As a group, research analysts predict that ITV plc will post 1120 earnings per share for the current year.
ITV Cuts Dividend
The business also recently declared a dividend, which will be paid on Thursday, May 22nd. Investors of record on Thursday, April 10th will be paid a GBX 3.30 ($0.04) dividend. This represents a yield of 4.15%. The ex-dividend date is Thursday, April 10th. ITV's dividend payout ratio is 45.68%.
Analyst Ratings Changes
Several equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. reissued an "overweight" rating and issued a GBX 115 ($1.49) price objective on shares of ITV in a research report on Wednesday, March 12th. Citigroup reissued a "buy" rating on shares of ITV in a report on Thursday, December 5th.
Check Out Our Latest Report on ITV
ITV Company Profile
(
Get Free Report)
ITV is a vertically integrated producer broadcaster and streamer, consisting of ITV Studios and Media & Entertainment.
ITV Studios is a scaled and global creator, owner and distributor of high-quality TV content. It operates in 12 countries, across 60+ labels and has a global distribution network.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to contact@insidertrades.com.