CSRA Inc (NYSE:csra) declared a quarterly dividend on Monday, March 20th. Stockholders of record on Wednesday, April 5th will be paid a dividend of 0.10 per share on Friday, April 28th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.37%. The ex-dividend date is Monday, April 3rd.
CSRA (NYSE:CSRA) opened at 29.30 on Tuesday. The firm has a market capitalization of $4.78 billion, a price-to-earnings ratio of 24.73 and a beta of 2.23. The stock’s 50 day moving average price is $30.23 and its 200-day moving average price is $29.41. CSRA has a one year low of $21.95 and a one year high of $33.54.
CSRA (NYSE:CSRA) last announced its quarterly earnings data on Tuesday, February 7th. The company reported $0.48 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.46 by $0.02. CSRA had a return on equity of 173.82% and a net margin of 3.88%. The company had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same quarter last year, the firm earned $0.48 EPS. CSRA’s revenue for the quarter was down 3.9% compared to the same quarter last year. On average, equities research analysts anticipate that CSRA will post $2.01 earnings per share for the current fiscal year.
In related news, EVP Paul Nedzbala sold 15,336 shares of the business’s stock in a transaction on Wednesday, March 1st. The stock was sold at an average price of $30.38, for a total value of $465,907.68. Following the sale, the executive vice president now owns 405 shares of the company’s stock, valued at approximately $12,303.90. The sale was disclosed in a legal filing with the SEC, which is available through this link. 1.10% of the stock is owned by insiders.
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Several brokerages have recently weighed in on CSRA. Drexel Hamilton began coverage on CSRA in a report on Tuesday, November 22nd. They set a “buy” rating and a $38.00 price objective on the stock. Zacks Investment Research raised CSRA from a “hold” rating to a “buy” rating and set a $36.00 price objective on the stock in a report on Tuesday, December 6th. Jefferies Group LLC reissued a “buy” rating and set a $35.00 price objective on shares of CSRA in a report on Wednesday, February 8th. Royal Bank of Canada began coverage on CSRA in a report on Wednesday, January 11th. They set an “outperform” rating and a $37.00 price objective on the stock. Finally, Loop Capital began coverage on CSRA in a report on Tuesday, February 14th. They set a “buy” rating and a $36.00 price objective on the stock. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $34.20.
CSRA Inc is a provider of information technology services to the United States federal government. The Company operates through two segments: Defense and Intelligence, and Civil. The Defense and Intelligence segment provides services to the Department of Defense (DoD), National Security Agency, branches of the Armed Forces, and other DoD and Intelligence agencies.
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