Albertsons Companies Inc. Annual Dividend of $0.6 Attracts Value Investors
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2h ago
0mins
Source: NASDAQ.COM
- Dividend Appeal: Albertsons Companies Inc. offers an annualized dividend of $0.6 per share, paid quarterly, which attracts value investors seeking profitable opportunities, indicating the company's strong profitability and attractive valuation.
- Importance of Dividend History: The report emphasizes that studying a company's long-term dividend history is crucial for assessing the sustainability of the latest dividend, providing investors with a basis for evaluating future performance.
- Investor Research Tool: Utilizing a proprietary DividendRank formula, the aim is to generate a list of the most attractive stocks for investors, helping them filter through numerous companies to identify those worthy of further research, thereby optimizing investment decisions.
- Market Perspective: While the views expressed in the report do not necessarily reflect those of Nasdaq, Inc., their guidance for value investors remains significant, highlighting the importance of a comprehensive assessment of profitability and valuation.
Analyst Views on ACI
Wall Street analysts forecast ACI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ACI is 23.58 USD with a low forecast of 20.00 USD and a high forecast of 29.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Analyst Rating
9 Buy
4 Hold
0 Sell
Moderate Buy
Current: 16.660
Low
20.00
Averages
23.58
High
29.00
Current: 16.660
Low
20.00
Averages
23.58
High
29.00
About ACI
Albertsons Companies, Inc. is a food and drug retailer in the United States. The Company is engaged in the operation of food and drug retail stores that offer grocery products, general merchandise, health and beauty care products, pharmacy, fuel and other items and services in its stores or through digital channels. It operates approximately 2,257 retail stores with 1,720 in-store pharmacies, 405 associated fuel centers, 22 dedicated distribution centers and 19 manufacturing facilities. The Company operates stores across 35 states and the District of Columbia under 22 banners, including Albertsons, Safeway, Vons, Jewel-Osco, Shaw's, ACME, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market, Haggen, Carrs, Kings Food Markets and Balducci's Food Lovers Market. Its own brands include Signature SELECT, Open Nature, Lucerne, Waterfront BISTRO, Signature Reserve and Value Corner, among others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
