Dividend-paying stocks can enhance investors' portfolio returns and provide certainty in shaky markets.
reiterated a buy rating on NOG stock with a price target of $46. Following discussions with management, the analyst noted that similar to NOG's strategy in the Permian and Williston Basins, there is a possibility of further expansion in the Uinta Basin through additional deals. The analyst boosted his 2025 earnings per share and cash flow per share estimates by 11% to 12% and increased his free cash flow per share forecast by 10%, given that the XCL deal is significantly accretive. He thinks that the solid free cash flow outlook could enable NOG to hike its base dividend. Hanold estimates a 10% to 15% increase in dividend in 2025.
Cassidy ranks No. 128 among more than 8,900 analysts tracked by TipRanks. His ratings have been successful 63% of the time, delivering an average return of 14.7%. (Seeto shareholders through $1.67 billion in dividends and $1.06 billion in share repurchases. With a payout ratio of 37.5%, the company sees the possibility of further growth in its dividend.reiterated a buy rating on WMT with a price target of $77, saying that the stock remains his firm's top pick.
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: nbcchicago - 🏆 545. / 51 Read more »
Source: NBCNewYork - 🏆 270. / 63 Read more »
Source: NBCDFW - 🏆 288. / 63 Read more »
Source: NBCNewYork - 🏆 270. / 63 Read more »
Source: NBCLA - 🏆 319. / 59 Read more »
Source: NBCLA - 🏆 319. / 59 Read more »