ITV plc (LON:ITV) Insider Carolyn McCall Sells 267,242 Shares

ITV plc (LON:ITV) insider Carolyn McCall sold 267,242 shares of the firm’s stock in a transaction that occurred on Friday, March 28th. The shares were sold at an average price of GBX 79 ($1.03), for a total value of £211,121.18 ($274,147.75).

ITV Trading Down 0.7 %

Shares of ITV opened at GBX 78.06 ($1.01) on Thursday. The firm has a market capitalization of £3.01 billion, a price-to-earnings ratio of 7.13, a P/E/G ratio of -0.53 and a beta of 1.44. The company has a quick ratio of 0.83, a current ratio of 1.56 and a debt-to-equity ratio of 46.00. ITV plc has a 12-month low of GBX 61.29 ($0.80) and a 12-month high of GBX 89 ($1.16). The stock’s 50-day moving average price is GBX 75.61 and its 200 day moving average price is GBX 74.45.

ITV (LON:ITV) last released its quarterly earnings data on Thursday, March 6th. The broadcaster reported GBX 9.60 ($0.12) EPS for the quarter. ITV had a net margin of 12.11% and a return on equity of 23.62%. As a group, research analysts predict that ITV plc will post 1120 earnings per share for the current year.

ITV Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, May 22nd. Investors of record on Thursday, April 10th will be paid a GBX 3.30 ($0.04) dividend. This represents a yield of 4.15%. The ex-dividend date is Thursday, April 10th. ITV’s dividend payout ratio is 45.68%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 115 ($1.49) price objective on shares of ITV in a research report on Wednesday, March 12th. Citigroup reissued a “buy” rating on shares of ITV in a report on Thursday, December 5th.

ITV Company Profile

ITV is a vertically integrated producer broadcaster and streamer, consisting of ITV Studios and Media & Entertainment.

ITV Studios is a scaled and global creator, owner and distributor of high-quality TV content. It operates in 12 countries, across 60+ labels and has a global distribution network.