Brightstar Lottery (BRSL) To Go Ex-Dividend on March 10th

Brightstar Lottery (NYSE:BRSL) announced a quarterly dividend on Tuesday, February 24th. Investors of record on Tuesday, March 10th will be given a dividend of 0.23 per share on Tuesday, March 24th. This represents a c) annualized dividend and a yield of 6.9%. The ex-dividend date of this dividend is Tuesday, March 10th.

Brightstar Lottery Trading Down 1.6%

Shares of BRSL stock traded down $0.22 during trading hours on Friday, hitting $13.43. The stock had a trading volume of 1,127,071 shares, compared to its average volume of 1,755,987. The company has a current ratio of 0.76, a quick ratio of 0.72 and a debt-to-equity ratio of 2.55. The stock has a market capitalization of $2.51 billion, a price-to-earnings ratio of 17.67 and a beta of 1.07. Brightstar Lottery has a one year low of $12.76 and a one year high of $18.57.

Brightstar Lottery (NYSE:BRSL) last released its quarterly earnings results on Tuesday, February 24th. The company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.07. The company had revenue of $668.00 million for the quarter. Brightstar Lottery had a return on equity of 9.81% and a net margin of 5.85%.The business’s quarterly revenue was up 2.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.22 EPS.

Analyst Upgrades and Downgrades

BRSL has been the subject of a number of research analyst reports. Weiss Ratings started coverage on Brightstar Lottery in a research report on Tuesday, February 3rd. They set a “hold (c-)” rating for the company. Stifel Nicolaus dropped their price target on Brightstar Lottery from $21.00 to $20.00 and set a “buy” rating on the stock in a research note on Thursday, February 19th. Finally, Truist Financial upgraded Brightstar Lottery from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 3rd. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $20.00.

Brightstar Lottery Company Profile

International Game Technology PLC operates and provides gaming technology products and services in North America, Europe, the Middle East, Africa, Asia-Pacific, Latin America, and the Caribbean. It operates in three segments: Global Lottery, Global Gaming, and Digital & Betting. The company designs, sells, operates, and leases a suite of point-of-sale machines that reconciles lottery funds between the retailer and lottery authority; provides online lottery transaction processing systems; produces instant ticket games; and offers printing services, such as instant ticket marketing plans and graphic design, programming, packaging, shipping, and delivery services.