Advanced Emissions Solutions, Inc. (NASDAQ:ADES) announced a quarterly dividend on Wednesday, May 9th, Zacks reports. Stockholders of record on Tuesday, May 22nd will be paid a dividend of 0.25 per share by the industrial products company on Friday, June 8th. This represents a $1.00 annualized dividend and a dividend yield of 8.58%. The ex-dividend date of this dividend is Monday, May 21st.
Shares of Advanced Emissions Solutions opened at $11.66 on Friday, MarketBeat reports. The stock has a market cap of $239.31 million, a PE ratio of 7.57 and a beta of 1.63. Advanced Emissions Solutions has a twelve month low of $7.00 and a twelve month high of $12.20.
Advanced Emissions Solutions (NASDAQ:ADES) last released its quarterly earnings results on Monday, March 12th. The industrial products company reported $0.60 EPS for the quarter, beating the Zacks’ consensus estimate of $0.33 by $0.27. The firm had revenue of $0.54 million for the quarter, compared to analyst estimates of $2.16 million. Advanced Emissions Solutions had a net margin of 83.37% and a return on equity of 43.68%. analysts anticipate that Advanced Emissions Solutions will post 1.96 earnings per share for the current year.
Advanced Emissions Solutions declared that its board has approved a share buyback plan on Monday, March 26th that permits the company to repurchase $10.00 million in outstanding shares. This repurchase authorization permits the industrial products company to purchase up to 4.3% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.
A number of research firms have commented on ADES. Zacks Investment Research lowered shares of Advanced Emissions Solutions from a “buy” rating to a “hold” rating in a research report on Wednesday. HC Wainwright set a $18.00 price target on shares of Advanced Emissions Solutions and gave the company a “buy” rating in a research report on Friday, May 11th. TheStreet upgraded shares of Advanced Emissions Solutions from a “c+” rating to a “b-” rating in a research report on Monday, April 9th. Finally, ValuEngine upgraded shares of Advanced Emissions Solutions from a “buy” rating to a “strong-buy” rating in a research report on Monday, April 2nd. Two equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $16.67.
Advanced Emissions Solutions Company Profile
ADA-ES, Inc (ADA) develops, offers, and implements environmental technologies and provides equipment and specialty chemicals that enable coal-fueled power plants to meet emissions regulations by enhancing existing air pollution control equipment. ADA’s wholly owned subsidiaries include Advanced Emissions Solutions, Inc, ADA Intellectual Property, LLC and ADA Environmental Solutions, LLC.
Receive News & Ratings for Advanced Emissions Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advanced Emissions Solutions and related companies with MarketBeat.com's FREE daily email newsletter.