Equifax (EFX) Boosts Dividend and Launches $3 Billion Buyback

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Key Highlights:

  • Equifax boosts dividend by 28.2% and initiates a $3 billion share buyback plan
  • Analysts predict an average price target of $276.29, suggesting a 28.33% upside
  • GF Value places Equifax's estimated worth at $264.69, offering a 22.95% potential gain

Equifax Inc. (NYSE: EFX) has announced a substantial increase in its quarterly dividend by 28.2%, bringing it to $0.50 per share with a forward yield of 0.93%. Alongside this, the company is set to embark on a $3 billion share repurchase program over the next four years. This move underscores Equifax's robust strategy for returning capital to its shareholders.

Wall Street Analysts Forecast: A Promising Outlook

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According to projections from 18 analysts, the average one-year price target for Equifax Inc. (EFX, Financial) is pinned at $276.29. Estimates vary, with a high of $310.00 and a low of $230.00. This average target signifies a potential upside of 28.33% from the prevailing share price of $215.29. For more in-depth predictions, visit the Equifax Inc. (EFX) Forecast page.

Brokerage Consensus: Outperform Rating

The consensus from 22 brokerage firms translates to an average recommendation of 1.9 for Equifax Inc. (EFX, Financial), indicating an “Outperform” status. The rating scale ranges from 1 (Strong Buy) to 5 (Sell), highlighting confidence in Equifax's market position.

GuruFocus Analysis: GF Value Insights

GuruFocus estimates place the GF Value for Equifax Inc. (EFX, Financial) at $264.69 one year from now, suggesting a potential upside of 22.95% from the current price of $215.29. The GF Value represents GuruFocus' fair value estimate, derived from historical trading multiples, past business growth, and anticipated future performance. Detailed information is available on the Equifax Inc. (EFX) Summary page.

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Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.