Joint Stock Company Kaspi.kz (NASDAQ:KSPI) to Issue $1.76 Dividend

Joint Stock Company Kaspi.kz (NASDAQ:KSPI) announced a dividend on Friday, October 18th,NASDAQ Dividends reports. Stockholders of record on Wednesday, November 20th will be given a dividend of 1.7565 per share on Sunday, November 17th. The ex-dividend date of this dividend is Wednesday, November 20th.

Joint Stock Company Kaspi.kz Stock Performance

NASDAQ KSPI opened at $109.98 on Monday. The company has a fifty day simple moving average of $110.41 and a 200 day simple moving average of $120.76. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.96 and a quick ratio of 0.96. Joint Stock Company Kaspi.kz has a 12-month low of $85.02 and a 12-month high of $143.72.

Joint Stock Company Kaspi.kz (NASDAQ:KSPI) last issued its quarterly earnings data on Tuesday, October 29th. The company reported $2.53 EPS for the quarter, missing analysts’ consensus estimates of $2.84 by ($0.31). The business had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.34 billion. As a group, sell-side analysts expect that Joint Stock Company Kaspi.kz will post 10.98 earnings per share for the current fiscal year.

Analysts Set New Price Targets

KSPI has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. upped their price objective on Joint Stock Company Kaspi.kz from $159.00 to $183.00 and gave the company an “overweight” rating in a research note on Tuesday, August 20th. Citigroup assumed coverage on shares of Joint Stock Company Kaspi.kz in a research report on Monday, November 4th. They set a “buy” rating and a $140.00 price target for the company. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $156.40.

About Joint Stock Company Kaspi.kz

Joint Stock Company Kaspi.kz, together with its subsidiaries, provides payments, marketplace, and fintech solutions for consumers and merchants in the Republic of Kazakhstan. It operates through three segments: Payments Platform, Marketplace Platform, and Fintech Platform. The Payments Platform segment facilities transactions between customers and merchants.