Goldcorp (NYSE:GG) declared a monthly dividend on Tuesday, March 4th, American Banking & Market News reports. Investors of record on Thursday, March 13th will be given a dividend of 0.05 per share on Friday, March 21st. This represents a $0.60 dividend on an annualized basis and a yield of 2.21%. The ex-dividend date of this dividend is Tuesday, March 11th.
Several analysts have recently commented on the stock. Analysts at Raymond James initiated coverage on shares of Goldcorp in a research note on Monday. They set a market perform rating on the stock. On the ratings front, analysts at Canaccord Genuity raised their price target on shares of Goldcorp from C$31.50 to C$35.00 in a research note on Thursday, February 20th. They now have a buy rating on the stock. Finally, analysts at TheStreet downgraded shares of Goldcorp from a hold rating to a sell rating in a research note on Thursday, February 20th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have given a buy rating to the company. The company presently has an average rating of Hold and an average target price of $28.31.
Shares of Goldcorp (NYSE:GG) opened at 27.09 on Wednesday. Goldcorp has a 1-year low of $20.54 and a 1-year high of $33.80. The stocks 50-day moving average is $25.41 and its 200-day moving average is $24.96. The companys market cap is $21.997 billion.
Goldcorp (NYSE:GG) last issued its quarterly earnings data on Wednesday, February 19th. The company reported $0.09 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.22 by $0.13. The company had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.11 billion. During the same quarter in the prior year, the company posted $0.57 earnings per share. The companys quarterly revenue was down 16.2% on a year-over-year basis. On average, analysts predict that Goldcorp will post $0.68 earnings per share for the current fiscal year.
Goldcorp Inc (NYSE:GG) is a gold producer engaged in the operation, exploration, development and acquisition of precious metal properties in Canada, the United States, Mexico and Central and South America.
