Bristow Group Inc. to Issue Quarterly Dividend of $0.12 (NYSE:VTOL)

Bristow Group Inc. (NYSE:VTOL) announced a quarterly dividend on Thursday, July 30th. Investors of record on Friday, August 14th will be given a dividend of 0.125 per share on Friday, August 28th. This represents a c) dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Friday, August 14th.

Bristow Group Stock Down 0.3%

VTOL stock opened at $44.78 on Friday. Bristow Group has a fifty-two week low of $32.76 and a fifty-two week high of $50.38. The stock has a fifty day moving average of $42.99 and a 200-day moving average of $44.41. The company has a market capitalization of $1.33 billion, a price-to-earnings ratio of 11.66 and a beta of 1.23. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.79 and a current ratio of 2.15.

Bristow Group (NYSE:VTOL) last released its quarterly earnings data on Tuesday, May 5th. The company reported $0.44 EPS for the quarter, missing the consensus estimate of $1.01 by ($0.57). The business had revenue of $388.71 million for the quarter, compared to analysts’ expectations of $383.68 million. Bristow Group had a net margin of 7.51% and a return on equity of 11.10%. As a group, equities research analysts predict that Bristow Group will post 3.87 earnings per share for the current year.

Analyst Ratings Changes

VTOL has been the topic of a number of recent research reports. Zacks Research raised Bristow Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 7th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Bristow Group in a research note on Friday, May 29th. Finally, Wall Street Zen lowered shares of Bristow Group from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $60.00.

Bristow Group Company Profile

Bristow Group Inc is a global provider of helicopter services to the offshore energy industry and search-and-rescue (SAR) operations worldwide. The company specializes in the safe and efficient transport of personnel, equipment and supplies to offshore oil and gas platforms, as well as emergency response and medevac services. Bristow’s operations support exploration, production and decommissioning activities, helping energy companies maintain continuity of production in some of the world’s most challenging environments.

The company maintains a diverse fleet of turbine-powered helicopters, including medium- and heavy-lift aircraft such as the Sikorsky S-92, Airbus H225 (formerly EC225) and Leonardo AW189.