Snap-On (SNA) Maintains Quarterly Dividend, Offers 2.75% Yield

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2 days ago
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  • Snap-On (SNA, Financial) maintains a quarterly dividend of $2.14, offering a forward yield of 2.75%.
  • Analysts set a one-year price target average of $333.91, suggesting a potential upside of 7.45%.
  • GuruFocus estimates a GF Value of $277.31 for SNA, indicating a potential downside of 10.76%.

Snap-On (SNA) has recently reaffirmed its commitment to shareholder returns by announcing a consistent quarterly dividend of $2.14 per share. This decision translates into a forward dividend yield of 2.75%, an attractive proposition for income-focused investors. The dividend payment is scheduled for June 10, with the record and ex-dividend date set for May 20.

Wall Street Analysts' Outlook

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Expert analysts have cast their votes on Snap-On Inc (SNA, Financial), placing a one-year average price target of $333.91. This reflects a notable anticipated upside of 7.45% from the current trading price of $310.74. The forecasts range broadly, with a high-end target of $400.00 and a low estimate of $256.24. Investors can access detailed projections on our Snap-on Inc (SNA) Forecast page.

Currently, Snap-On enjoys a "Hold" rating based on the average brokerage recommendation from 12 firms, with a consensus score of 2.7 on a scale where 1 signifies a "Strong Buy" and 5 denotes "Sell."

GuruFocus Valuation Insight

GuruFocus provides a deeper valuation analysis, estimating a GF Value for Snap-On Inc (SNA, Financial) at $277.31 over the next year. This figure suggests a potential downside of 10.76% from its current price, offering a cautionary note for value-oriented investors. The GF Value is determined through historical trading multiples, past business performance, and projections of future company growth. For a comprehensive view, visit the Snap-on Inc (SNA) Summary page.

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.