Albertsons Companies, Inc. (NYSE:ACI – Get Free Report) declared a quarterly dividend on Tuesday, October 13th. Shareholders of record on Friday, October 23rd will be given a dividend of $0.17 per share on Friday, November 6th. This represents a $0.68 annualized dividend and a yield of 5.2%. The ex-dividend date of this dividend is Friday, October 23rd.
Albertsons Companies has raised its dividend payment by an average of 0.2% annually over the last three years and has increased its dividend annually for the last 1 consecutive years. Albertsons Companies has a payout ratio of 30.2% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Albertsons Companies to earn $1.68 per share next year, which means the company should continue to be able to cover its $0.68 annual dividend with an expected future payout ratio of 40.5%.
Albertsons Companies Trading Up 2.6%
ACI stock opened at $13.05 on Thursday. The company has a quick ratio of 0.21, a current ratio of 0.82 and a debt-to-equity ratio of 5.89. Albertsons Companies has a twelve month low of $10.86 and a twelve month high of $20.00. The company has a market cap of $6.34 billion, a P/E ratio of -118.68, a PEG ratio of 2.17 and a beta of 0.40. The business has a fifty day moving average of $12.20 and a 200-day moving average of $14.20.
More Albertsons Companies News
Here are the key news stories impacting Albertsons Companies this week:
- Positive Sentiment: Adjusted earnings topped expectations. Albertsons reported second-quarter revenue of approximately $18.9 billion, slightly above estimates, while adjusted EPS of $0.36 exceeded the consensus estimate of $0.33. Revenue was broadly stable year over year. Albertsons Reports Second Quarter Fiscal 2026 Results
- Positive Sentiment: Analyst support improved. Royal Bank of Canada raised its price target from $13 to $16 and upgraded or maintained an “outperform” view, citing potential from the company’s turnaround efforts. Royal Bank of Canada Raises Albertsons Price Target
- Positive Sentiment: Management is accelerating its turnaround. Albertsons plans an expanded cost-reduction program targeting roughly $2 billion, a review of its business and portfolio, and an investor day in spring 2027. Executive Chair Meg Whitman’s involvement may reinforce expectations for faster execution under the ACI Edge plan. Albertsons Plans Expanded Cost Program
- Neutral Sentiment: Expansion remains a longer-term opportunity. The company announced a new store in Valley Center, California, scheduled to open in spring 2028, adding grocery, pharmacy and local jobs but providing little near-term earnings impact. Albertsons Announces New Valley Center Store
- Negative Sentiment: Guidance was withdrawn amid significant uncertainty. Albertsons suspended its fiscal 2026 outlook while reviewing strategy, costs and its business portfolio. The move highlights near-term earnings pressure and makes valuation more difficult for investors. Albertsons Suspends Full-Year Forecasts
- Negative Sentiment: Underlying results were weaker. Reported profit fell to $51.5 million, or $0.11 per share, from $168.5 million, or $0.30, a year earlier, while Bank of America reaffirmed an “underperform” rating and cut its price target to $12 from $16. Bank of America Warns of Near-Term Earnings Pressure
Albertsons Companies Company Profile
Albertsons Companies, Inc is a U.S. food and drug retailer headquartered in Boise, Idaho. The company operates supermarkets, pharmacies and related retail businesses under banners including Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, ACME, Tom Thumb, Randalls, United Supermarkets, Pavilions, Carrs and Haggen.
Its stores offer groceries, fresh produce, meat and seafood, bakery and deli items, household products, health and beauty products, and pharmacy services. Albertsons also provides private-label products, fuel at select locations, grocery delivery and pickup, digital shopping tools, and customer loyalty programs.
The company’s history traces to 1939, when Joe Albertson opened the first Albertsons store in Boise.
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