Value Line (NASDAQ:VALU) Releases Earnings Results

Value Line (NASDAQ:VALU) posted its quarterly earnings data on Friday. The financial services provider reported $0.60 earnings per share for the quarter, Zacks reports. Value Line had a net margin of 54.72% and a return on equity of 22.29%.

Value Line Stock Up 2.4 %

Shares of VALU stock opened at $53.39 on Friday. The stock has a 50-day simple moving average of $50.91 and a 200 day simple moving average of $45.74. Value Line has a fifty-two week low of $36.00 and a fifty-two week high of $57.68. The stock has a market capitalization of $502.93 million, a P/E ratio of 25.18 and a beta of 0.81.

Value Line Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 12th. Stockholders of record on Monday, October 28th were issued a $0.30 dividend. The ex-dividend date was Monday, October 28th. This represents a $1.20 annualized dividend and a dividend yield of 2.25%. Value Line’s dividend payout ratio (DPR) is 56.60%.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Value Line from a “hold” rating to a “buy” rating in a report on Wednesday, September 11th.

About Value Line

Value Line, Inc produces and sells investment periodicals and related publications. Its investment periodicals and related publications cover a range of investments, including stocks, mutual funds, exchange traded funds (ETFs), and options. The company's research services include The Value Line Investment Survey, The Value Line Investment Survey – Small and Mid-Cap, The Value Line 600, and The Value Line Fund Advisor Plus that provide statistical and text coverage of various investment securities, with an emphasis placed on its proprietary research, analysis, and statistical ranks.