Key Takeaways:
- ResMed Inc. (RMD, Financial) announces a steady dividend of $0.53, yielding 0.99%.
- Analysts set an average price target of $263.49, suggesting a potential upside of nearly 23%.
- GuruFocus estimates a GF Value of $287.86, indicating a promising upside of over 34%.
ResMed's Dividend Announcement
ResMed Inc. (RMD) has confirmed a quarterly dividend payout of $0.53 per share, maintaining the same level as previous distributions. This consistent payout offers investors a forward dividend yield of 0.99%. Shareholders of record by May 8 will receive dividends on June 12, coinciding with the ex-dividend date.
Analyst Price Targets and Recommendations
A survey of 13 analysts reveals an average one-year price target of $263.49 for ResMed Inc. (RMD), with projections ranging between a high of $295.00 and a low of $195.00. This analysis reflects a potential upside of 22.87% from the current trading price of $214.44. For more comprehensive details, refer to the ResMed Inc (RMD, Financial) Forecast page.
Furthermore, insights from 19 brokerage firms offer an average recommendation rating of 2.3, categorizing ResMed Inc.'s outlook as "Outperform". This rating system ranges from 1 (Strong Buy) to 5 (Sell), providing a clear indicator of market sentiment.
GuruFocus Valuation Insights
Aligning with GuruFocus metrics, the projected GF Value for ResMed Inc. (RMD) in a year's time is expected to be $287.86. This suggests an encouraging upside of 34.24% from the current stock price of $214.44. The GF Value is derived from historical trading multiples, alongside projected business growth and performance forecasts. For more nuanced information, explore the ResMed Inc (RMD, Financial) Summary page.
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