Intersil Corp (ISIL) Increases Dividend to $0.12 Per Share
Intersil Corp (NASDAQ:ISIL) declared a quarterly dividend on Wednesday, January 27th, Marketbeat reports. Stockholders of record on Tuesday, February 16th will be given a dividend of 0.12 per share on Friday, February 26th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.21%.
Intersil Corp (NASDAQ:ISIL) traded down 3.06% during midday trading on Wednesday, reaching $11.40. The company’s stock had a trading volume of 1,172,469 shares. Intersil Corp has a 52 week low of $9.20 and a 52 week high of $16.39. The firm has a market capitalization of $1.51 billion and a PE ratio of 876.92. The stock has a 50 day moving average of $12.45 and a 200 day moving average of $12.16.
Intersil Corp (NASDAQ:ISIL) last issued its quarterly earnings results on Wednesday, January 27th. The company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.06. The business had revenue of $126.60 million for the quarter, compared to analysts’ expectations of $127.33 million. During the same quarter in the prior year, the firm posted $0.18 EPS. The business’s quarterly revenue was down 3.4% compared to the same quarter last year. On average, equities research analysts predict that Intersil Corp will post $0.61 earnings per share for the current fiscal year.
A number of equities analysts have recently commented on ISIL shares. Susquehanna restated a “positive” rating and issued a $16.00 price objective (up from $14.00) on shares of Intersil Corp in a report on Thursday, October 29th. Zacks Investment Research upgraded Intersil Corp from a “sell” rating to a “hold” rating in a report on Tuesday, September 29th. B. Riley restated a “buy” rating and issued a $16.50 price objective on shares of Intersil Corp in a report on Tuesday, November 3rd. Northland Securities raised their price objective on Intersil Corp from $13.00 to $15.00 and gave the stock an “outperform” rating in a report on Thursday, October 29th. Finally, Deutsche Bank raised their price objective on Intersil Corp from $14.00 to $15.00 and gave the stock a “buy” rating in a report on Thursday, October 29th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and eight have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $15.44.
Intersil Corporation is engaged in designing and developing power management and precision analog integrated circuits (NASDAQ:ISIL). The Company caters to infrastructure, industrial, automotive, consumer, instrumentation and measurement, light emitting diode (LED) lighting, medical, military, networking and communications, security and surveillance, radiation hardened, video and computing markets. It supplies a range of power IC solutions for battery management, processor power management and display power management, including power regulators, converters and controllers, as well as integrated power modules. The Company also provides precision analog components. The Company’s product groups are power management, amplifiers and buffers, audio and video, data converters, end market specific, interface, optoelectronics, space and harsh environment, switches/multiplexers (MUXes)/crosspoints, timing and digital, and other analog.
Receive News & Ratings for Intersil Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intersil Corp and related companies with MarketBeat.com's FREE daily email newsletter.






