2 weeks Ago By ABMN Staff
Meta Platforms, Inc. ( NASDAQ:META – Free Report ) – Analysts at DA Davidson issued their FY2026 earnings per share estimates for shares of Meta Platforms in a report issued on Tuesday, April 15th. DA Davidson analyst G.
Luria expects that the social networking company will post earnings of $26.81 per share for the year. DA Davidson has a “Buy” rating and a $650.
00 price objective on the stock. The consensus estimate for Meta Platforms’ current full-year earnings is $26.70 per share.
Meta Platforms ( NASDAQ:META – Get Free Report ) last announced its earnings results on Wednesday, January 29th. The social networking company reported $8.02 earnings per share for the quarter, beating the consensus estimate of $6.
75 by $1.27. Meta Platforms had a net margin of 37.
91% and a return on equity of 38.17%. During the same period in the prior year, the company earned $5.
33 EPS. View Our Latest Research Report on META Meta Platforms Stock Performance META stock opened at $501.48 on Wednesday.
The business’s fifty day simple moving average is $612.51 and its two-hundred day simple moving average is $607.32.
The company has a quick ratio of 2.98, a current ratio of 2.98 and a debt-to-equity ratio of 0.
16. The firm has a market cap of $1.27 trillion, a price-to-earnings ratio of 20.
96, a PEG ratio of 1.42 and a beta of 1.28.
Meta Platforms has a twelve month low of $414.50 and a twelve month high of $740.91.
Meta Platforms Increases Dividend The company also recently announced a quarterly dividend, which was paid on Wednesday, March 26th. Investors of record on Friday, March 14th were paid a $0.525 dividend.
This is a boost from Meta Platforms’s previous quarterly dividend of $0.50. This represents a $2.
10 annualized dividend and a dividend yield of 0.42%. The ex-dividend date was Friday, March 14th.
Meta Platforms’s payout ratio is currently 8.78%. Insider Buying and Selling In other news, CTO Andrew Bosworth sold 5,060 shares of the stock in a transaction dated Saturday, February 15th.
The shares were sold at an average price of $736.67, for a total transaction of $3,727,550.20.
Following the sale, the chief technology officer now directly owns 5,139 shares of the company’s stock, valued at $3,785,747.13. This represents a 49.
61 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link . Also, insider Jennifer Newstead sold 921 shares of Meta Platforms stock in a transaction dated Tuesday, April 15th.
The shares were sold at an average price of $531.22, for a total value of $489,253.62.
Following the completion of the transaction, the insider now owns 28,419 shares of the company’s stock, valued at approximately $15,096,741.18. This represents a 3.
14 % decrease in their position. The disclosure for this sale can be found here . Over the last three months, insiders have sold 379,901 shares of company stock valued at $260,806,516.
Corporate insiders own 13.71% of the company’s stock. Institutional Inflows and Outflows A number of hedge funds and other institutional investors have recently made changes to their positions in META.
Valley Financial Group Inc. grew its position in shares of Meta Platforms by 2.4% in the fourth quarter.
Valley Financial Group Inc. now owns 588 shares of the social networking company’s stock valued at $344,000 after purchasing an additional 14 shares during the period. Lantern Wealth Advisors LLC boosted its holdings in Meta Platforms by 0.
5% in the 4th quarter. Lantern Wealth Advisors LLC now owns 2,976 shares of the social networking company’s stock worth $1,743,000 after buying an additional 14 shares during the last quarter. Seelaus Asset Management LLC raised its holdings in shares of Meta Platforms by 0.
9% during the fourth quarter. Seelaus Asset Management LLC now owns 1,640 shares of the social networking company’s stock valued at $960,000 after acquiring an additional 15 shares during the last quarter. Meredith Wealth Planning lifted its position in shares of Meta Platforms by 0.
8% in the fourth quarter. Meredith Wealth Planning now owns 1,873 shares of the social networking company’s stock valued at $1,097,000 after acquiring an additional 15 shares in the last quarter. Finally, Maiden Cove Capital LLC boosted its stake in shares of Meta Platforms by 3.
2% in the fourth quarter. Maiden Cove Capital LLC now owns 481 shares of the social networking company’s stock worth $282,000 after acquiring an additional 15 shares during the last quarter. Hedge funds and other institutional investors own 79.
91% of the company’s stock. Meta Platforms Company Profile ( Get Free Report ) Meta Platforms, Inc engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs.
The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately. Recommended Stories Receive News & Ratings for Meta Platforms Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Meta Platforms and related companies with MarketBeat.com's FREE daily email newsletter .
.
