Windstream Holdings Inc (NYSE:WIN) – Equities research analysts at Gabelli issued their FY2021 earnings estimates for Windstream Holdings in a report released on Tuesday. Gabelli analyst S. Dluzhevskiy expects that the company will post earnings per share of ($0.70) for the year.
A number of other equities research analysts have also weighed in on the stock. Goldman Sachs Group Inc reiterated a “sell” rating and set a $4.50 target price on shares of Windstream Holdings in a research note on Wednesday, March 22nd. Citigroup Inc decreased their target price on shares of Windstream Holdings from $8.50 to $7.00 and set a “neutral” rating for the company in a research note on Monday, March 20th. JPMorgan Chase & Co. began coverage on shares of Windstream Holdings in a research note on Wednesday, March 15th. They set a “neutral” rating and a $7.00 target price for the company. Deutsche Bank AG decreased their target price on shares of Windstream Holdings from $8.50 to $7.00 and set a “hold” rating for the company in a research note on Tuesday, March 14th. Finally, Zacks Investment Research lowered shares of Windstream Holdings from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 6th. Two analysts have rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $7.21.
WARNING: “Windstream Holdings Inc Expected to Post FY2021 Earnings of ($0.70) Per Share (WIN)” was originally published by Sports Perspectives and is the property of of Sports Perspectives. If you are viewing this story on another domain, it was stolen and reposted in violation of US and international trademark & copyright legislation. The legal version of this story can be accessed at https://sportsperspectives.com/2017/04/21/windstream-holdings-inc-expected-to-post-fy2021-earnings-of-0-70-per-share-win.html.
Shares of Windstream Holdings (NYSE:WIN) traded down 0.18% during mid-day trading on Thursday, hitting $5.61. The stock had a trading volume of 1,474,888 shares. The firm’s market cap is $545.79 million. The stock’s 50-day moving average price is $5.96 and its 200-day moving average price is $7.29. Windstream Holdings has a 52-week low of $5.16 and a 52-week high of $10.45.
Windstream Holdings (NYSE:WIN) last announced its quarterly earnings results on Wednesday, March 1st. The company reported ($0.94) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.63) by $0.31. The business earned $1.31 billion during the quarter, compared to analyst estimates of $1.34 billion. The business’s quarterly revenue was down 8.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.41 EPS.
Large investors have recently bought and sold shares of the company. Renaissance Technologies LLC raised its stake in Windstream Holdings by 23.4% in the fourth quarter. Renaissance Technologies LLC now owns 4,577,600 shares of the company’s stock valued at $33,554,000 after buying an additional 868,400 shares during the period. Two Sigma Investments LP raised its stake in Windstream Holdings by 2,297.8% in the fourth quarter. Two Sigma Investments LP now owns 834,741 shares of the company’s stock valued at $6,119,000 after buying an additional 799,928 shares during the period. Norges Bank bought a new stake in Windstream Holdings during the fourth quarter valued at approximately $2,596,000. State Street Corp raised its stake in Windstream Holdings by 12.5% in the fourth quarter. State Street Corp now owns 2,174,588 shares of the company’s stock valued at $15,936,000 after buying an additional 241,378 shares during the period. Finally, BlackRock Institutional Trust Company N.A. raised its stake in Windstream Holdings by 6.4% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 3,506,576 shares of the company’s stock valued at $35,241,000 after buying an additional 210,997 shares during the period.
The business also recently disclosed a quarterly dividend, which was paid on Monday, April 17th. Stockholders of record on Friday, March 31st were paid a $0.15 dividend. The ex-dividend date was Wednesday, March 29th. This represents a $0.60 annualized dividend and a dividend yield of 10.70%.
Receive News & Ratings for Windstream Holdings Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Windstream Holdings Inc and related companies with MarketBeat.com's FREE daily email newsletter.