Albertsons Companies, Inc. to Issue Quarterly Dividend of $0.15 (NYSE:ACI)

Market Beat
2025.04.17 12:04
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Albertsons Companies, Inc. (NYSE:ACI) has declared a quarterly dividend of $0.15 per share, payable on May 9th to shareholders of record as of April 25th. This annualizes to $0.60, yielding 2.79%. The company has increased its dividend by an average of 5.0% annually over the past three years, with a payout ratio of 25.0%. Analysts project earnings of $2.22 per share for the next year, indicating continued dividend coverage. The stock has a current price of $21.50, with a consensus rating of "Moderate Buy" and an average target price of $23.50.

Albertsons Companies, Inc. (NYSE:ACI - Get Free Report) announced a quarterly dividend on Tuesday, April 15th, RTT News reports. Shareholders of record on Friday, April 25th will be given a dividend of 0.15 per share on Friday, May 9th. This represents a $0.60 dividend on an annualized basis and a yield of 2.79%.

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Albertsons Companies has increased its dividend by an average of 5.0% per year over the last three years. Albertsons Companies has a dividend payout ratio of 25.0% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Albertsons Companies to earn $2.22 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 27.0%.

Albertsons Companies Price Performance

Shares of ACI stock opened at $21.50 on Tuesday. Albertsons Companies has a fifty-two week low of $17.00 and a fifty-two week high of $23.20. The company has a debt-to-equity ratio of 2.31, a quick ratio of 0.21 and a current ratio of 0.93. The firm has a market capitalization of $12.46 billion, a price-to-earnings ratio of 12.08, a PEG ratio of 1.92 and a beta of 0.47. The stock's 50-day simple moving average is $21.18 and its 200-day simple moving average is $19.92.

Wall Street Analyst Weigh In

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Several analysts have weighed in on the stock. Citigroup began coverage on shares of Albertsons Companies in a research report on Friday, January 24th. They set a "buy" rating and a $26.00 target price on the stock. UBS Group cut their target price on Albertsons Companies from $27.00 to $24.00 and set a "neutral" rating on the stock in a research report on Tuesday, December 17th. Evercore ISI raised their target price on Albertsons Companies from $21.00 to $22.00 and gave the stock an "in-line" rating in a research note on Tuesday, March 11th. Telsey Advisory Group reiterated an "outperform" rating and set a $26.00 price target on shares of Albertsons Companies in a research note on Friday. Finally, The Goldman Sachs Group restated a "buy" rating and issued a $26.00 price objective on shares of Albertsons Companies in a research note on Tuesday, February 4th. Six research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $23.50.

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Albertsons Companies Company Profile

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Albertsons Companies, Inc, through its subsidiaries, engages in the operation of food and drug stores in the United States. The company's food and drug retail stores offer grocery products, general merchandise, health and beauty care products, pharmacy, fuel, and other items and services. It also manufactures and processes food products for sale in stores.

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