Leucadia National Corp. (LUK) Given $31.00 Average Target Price by Analysts

Shares of Leucadia National Corp. (NYSE:LUK) have earned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.

Brokerages have set a twelve-month consensus price target of $31.00 for the company and are expecting that the company will post $0.27 EPS for the current quarter, according to Zacks. Zacks has also assigned Leucadia National an industry rank of 108 out of 265 based on the ratings given to related companies.

Several analysts recently weighed in on the company. Zacks Investment Research upgraded Leucadia National from a “sell” rating to a “hold” rating in a research report on Tuesday, August 22nd. TheStreet upgraded Leucadia National from a “c+” rating to a “b-” rating in a research report on Friday, November 3rd.

Several hedge funds have recently made changes to their positions in the stock. Federated Investors Inc. PA lifted its position in shares of Leucadia National by 0.3% during the 2nd quarter. Federated Investors Inc. PA now owns 16,014 shares of the conglomerate’s stock worth $419,000 after buying an additional 52 shares during the last quarter. Sentry Investment Management LLC increased its holdings in Leucadia National by 0.9% in the 2nd quarter. Sentry Investment Management LLC now owns 23,479 shares of the conglomerate’s stock worth $614,000 after purchasing an additional 215 shares in the last quarter. Thrivent Financial For Lutherans increased its holdings in Leucadia National by 3.4% in the 2nd quarter. Thrivent Financial For Lutherans now owns 12,271 shares of the conglomerate’s stock worth $321,000 after purchasing an additional 400 shares in the last quarter. Retirement Systems of Alabama increased its holdings in Leucadia National by 0.3% in the 2nd quarter. Retirement Systems of Alabama now owns 157,014 shares of the conglomerate’s stock worth $4,107,000 after purchasing an additional 482 shares in the last quarter. Finally, First Allied Advisory Services Inc. increased its holdings in Leucadia National by 3.6% in the 2nd quarter. First Allied Advisory Services Inc. now owns 15,119 shares of the conglomerate’s stock worth $401,000 after purchasing an additional 530 shares in the last quarter. Institutional investors and hedge funds own 75.11% of the company’s stock.

Leucadia National (NYSE LUK) traded up $0.21 during trading hours on Friday, hitting $25.67. The stock had a trading volume of 2,815,020 shares, compared to its average volume of 1,760,000. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 1.02. Leucadia National has a 1 year low of $22.23 and a 1 year high of $27.33. The company has a market cap of $9,150.00, a P/E ratio of 16.55, a price-to-earnings-growth ratio of 1.03 and a beta of 1.29.

Leucadia National (NYSE:LUK) last announced its quarterly earnings data on Thursday, October 26th. The conglomerate reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.10. Leucadia National had a return on equity of 5.83% and a net margin of 5.48%. The business had revenue of $2.90 billion during the quarter, compared to the consensus estimate of $2.66 billion. The firm’s quarterly revenue was up 8.2% on a year-over-year basis. analysts expect that Leucadia National will post 1.39 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 27th. Investors of record on Wednesday, December 13th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Tuesday, December 12th. This represents a $0.40 annualized dividend and a dividend yield of 1.56%. Leucadia National’s dividend payout ratio is currently 25.81%.

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Leucadia National Company Profile

Leucadia National Corporation (Leucadia) is a diversified holding company focused on return on investment and long-term value. The Company’s segments, based on requirements are Jefferies, National Beef, and Corporate and other. Jefferies is a global full-service, integrated securities and investment banking firm.

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