Schweitzer-Mauduit International, Inc. (NYSE:SWM) has earned an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating.
Brokers have set a 1 year consensus price objective of $50.00 for the company and are forecasting that the company will post $0.92 EPS for the current quarter, according to Zacks. Zacks has also given Schweitzer-Mauduit International an industry rank of 169 out of 265 based on the ratings given to related companies.
Separately, Zacks Investment Research cut Schweitzer-Mauduit International from a “buy” rating to a “hold” rating in a research report on Friday, March 23rd.
Schweitzer-Mauduit International traded down $0.08, hitting $44.01, during trading hours on Monday, according to MarketBeat. 178,694 shares of the company were exchanged, compared to its average volume of 153,312. The company has a debt-to-equity ratio of 1.19, a current ratio of 3.13 and a quick ratio of 2.03. Schweitzer-Mauduit International has a 52-week low of $36.26 and a 52-week high of $48.06. The company has a market cap of $1.36 billion, a price-to-earnings ratio of 13.84, a price-to-earnings-growth ratio of 2.60 and a beta of 1.30.
Schweitzer-Mauduit International (NYSE:SWM) last released its quarterly earnings data on Wednesday, May 2nd. The company reported $0.82 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.73 by $0.09. The business had revenue of $261.90 million during the quarter, compared to analysts’ expectations of $236.30 million. Schweitzer-Mauduit International had a return on equity of 18.54% and a net margin of 4.08%. The business’s quarterly revenue was up 12.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.66 EPS. equities research analysts anticipate that Schweitzer-Mauduit International will post 3.39 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 22nd. Stockholders of record on Friday, May 25th will be given a dividend of $0.43 per share. The ex-dividend date is Thursday, May 24th. This represents a $1.72 annualized dividend and a dividend yield of 3.91%. Schweitzer-Mauduit International’s dividend payout ratio is currently 54.09%.
Large investors have recently added to or reduced their stakes in the company. BlackRock Inc. boosted its position in shares of Schweitzer-Mauduit International by 5.6% in the 1st quarter. BlackRock Inc. now owns 4,133,029 shares of the company’s stock valued at $161,809,000 after purchasing an additional 220,380 shares during the period. Cooke & Bieler LP boosted its position in shares of Schweitzer-Mauduit International by 3.6% in the 1st quarter. Cooke & Bieler LP now owns 1,774,966 shares of the company’s stock valued at $69,490,000 after purchasing an additional 62,440 shares during the period. LSV Asset Management boosted its position in shares of Schweitzer-Mauduit International by 0.3% in the 1st quarter. LSV Asset Management now owns 1,673,073 shares of the company’s stock valued at $65,500,000 after purchasing an additional 5,600 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Schweitzer-Mauduit International by 8.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,509,145 shares of the company’s stock valued at $59,083,000 after purchasing an additional 123,230 shares during the period. Finally, Boston Partners boosted its position in shares of Schweitzer-Mauduit International by 21.0% in the 4th quarter. Boston Partners now owns 1,112,199 shares of the company’s stock valued at $50,449,000 after purchasing an additional 192,842 shares during the period. 86.54% of the stock is owned by institutional investors and hedge funds.
Schweitzer-Mauduit International Company Profile
Schweitzer-Mauduit International, Inc, together with its subsidiaries, provides engineered solutions and advanced materials for various industries worldwide. The company operates through two segments, Engineered Papers and Advanced Materials & Structures. The Engineered Papers segment produces and sells cigarette papers, reconstituted tobacco leaf, and wrapper and binder products to cigarette and cigar manufacturers; and other non-tobacco paper products.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Schweitzer-Mauduit International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schweitzer-Mauduit International and related companies with MarketBeat.com's FREE daily email newsletter.