International Consolidated Airlines Group S.A. (ICAGY) To Go Ex-Dividend on September 6th

International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) announced a dividend on Wednesday, August 28th, NASDAQ reports. Stockholders of record on Friday, September 6th will be paid a dividend of 0.0671 per share by the transportation company on Monday, September 16th. The ex-dividend date of this dividend is Friday, September 6th.

International Consolidated Airlines Group Price Performance

OTCMKTS ICAGY opened at $4.75 on Wednesday. The stock has a 50-day simple moving average of $4.35 and a 200 day simple moving average of $4.24. International Consolidated Airlines Group has a twelve month low of $3.28 and a twelve month high of $4.80. The stock has a market capitalization of $4.65 billion, a PE ratio of 1.58, a P/E/G ratio of 0.94 and a beta of 2.19. The company has a debt-to-equity ratio of 2.71, a quick ratio of 0.67 and a current ratio of 0.70.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last posted its quarterly earnings data on Friday, August 2nd. The transportation company reported $1.00 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.67. The company had revenue of $8.93 billion during the quarter, compared to analysts’ expectations of $9.03 billion. International Consolidated Airlines Group had a return on equity of 126.83% and a net margin of 8.63%. Research analysts anticipate that International Consolidated Airlines Group will post 1.04 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on ICAGY shares. Morgan Stanley raised International Consolidated Airlines Group from an “underweight” rating to an “overweight” rating in a report on Wednesday, July 10th. Hsbc Global Res upgraded International Consolidated Airlines Group to a “hold” rating in a research note on Friday, July 12th. Finally, HSBC downgraded shares of International Consolidated Airlines Group from a “buy” rating to a “hold” rating in a research note on Friday, July 12th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $230.00.

About International Consolidated Airlines Group

International Consolidated Airlines Group SA, together with its subsidiaries, engages in the provision of passenger and cargo transportation services in the United Kingdom, Spain, the United States, and rest of the world. It also provides aircraft leasing, aircraft maintenance, tour operation, air freight operations, call centre, ground handling, trustee, retail, IT, finance, procurement, storage and custody, aircraft technical assistance, human resources support, and airport infrastructure development services; and manages airline loyalty programmes.