Great Plains Energy Incorporate (NYSE:GXP).
On September 29 the company was upgraded to “Equal-weight” from “Underweight” with a current price target of $29.00 in a statement from Barclays. On September 26 SunTrust Robinson Humphrey maintained a company rating of “Neutral” but moved up the price target from $29.00 to $30.00.
July 15 investment analysts at JP Morgan made no change to the company rating of “Neutral” but raised the price expectation to $32.00 from $30.00. Equity analyst Barclays downgraded the stock and raised the price target on June 2 changing the price target from $27.00 to $28.00 and altering the rating from “Equal-weight” to “Underweight”.
On June 2 the stock rating was downgraded from “Equal-weight” to “Underweight” and a price target of $28.00 was set in a report from Barclays.
The company is now up from yesterday’s close of $27.16. Great Plains Energy Incorporate announced a dividend for shareholders that was paid on Tuesday the 20th of September 2016. The dividend was $0.263 per share for the quarter or $1.05 on an annualized basis. The dividend yield was $3.77. The ex-dividend date was set for Thursday the 25th of August 2016.
It is trading at $27.84 which is slightly above $27.59, the 50 day moving average and a tad below the 200 day moving average of $29.87. The 50 day moving average moved up $0.25 and the 200 day average moved down $-2.03.
The most current P/E ratio is 20.82 and the market value is 4.30B. As of the latest earnings report the EPS was $1.34 and is projected to be $1.74 for the current year with 154,496,000 shares outstanding. Next quarter’s EPS is forecasted to be $0.13 with next year’s EPS anticipated to be $1.81.