eMagin (NYSE:EMA – Get Free Report) issued an update on its FY 2026 earnings guidance on Friday. The company provided earnings per share guidance of 3.670-3.730 for the period, compared to the consensus estimate of 2.630.
Wall Street Analyst Weigh In
Several analysts have recently weighed in on the stock. Weiss Ratings raised shares of eMagin from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, October 23rd. Barclays lowered their price objective on eMagin from $53.00 to $50.00 and set an “equal weight” rating for the company in a research report on Monday, October 19th. Finally, Wall Street Zen cut eMagin from a “sell” rating to a “strong sell” rating in a research note on Saturday, October 31st. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $50.00.
eMagin Price Performance
Shares of eMagin stock traded down $0.19 on Friday, reaching $51.00. The company had a trading volume of 193,477 shares, compared to its average volume of 499,028. The firm’s 50 day moving average price is $48.57 and its two-hundred day moving average price is $51.17. eMagin has a 52-week low of $45.27 and a 52-week high of $55.49.
eMagin Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Friday, October 30th will be paid a dividend of C$0.74 per share. This represents a $2.96 dividend on an annualized basis and a yield of 5.8%. This is a positive change from eMagin’s previous quarterly dividend of C$0.73. The ex-dividend date is Friday, October 30th.
About eMagin
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