The average one-year price target for Engineers India (NSE:ENGINERSIN) has been revised to 114.58 / share. This is an increase of 20.79% from the prior estimate of 94.86 dated May 10, 2023.
The price target is an average of many targets provided by analysts. The latest targets range from a low of 67.67 to a high of 136.50 / share. The average price target represents an increase of 9.62% from the latest reported closing price of 104.52 / share.
See our leaderboard of companies with the largest price target upside.
Engineers India Maintains 2.87% Dividend Yield
At the most recent price, the company's dividend yield is 2.87%.
Additionally, the company's dividend payout ratio is 0.72. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.The company's 3-Year dividend growth rate is -0.31%.
For a list of the companies with the highest dividend yield, see Fintel's Dividend Screener.
What is the Fund Sentiment?
There are 35 funds or institutions reporting positions in Engineers India. This is an increase of 2 owner(s) or 6.06% in the last quarter. Average portfolio weight of all funds dedicated to ENGINERSIN is 0.01%, a decrease of 2.13%. Total shares owned by institutions increased in the last three months by 3.03% to 19,732K shares.
What are Other Shareholders Doing?
IEMG - iShares Core MSCI Emerging Markets ETF holds 3,728K shares representing 0.66% ownership of the company. In it's prior filing, the firm reported owning 3,408K shares, representing an increase of 8.59%. The firm decreased its portfolio allocation in ENGINERSIN by 8.19% over the last quarter.
VEIEX - Vanguard Emerging Markets Stock Index Fund Investor Shares holds 3,412K shares representing 0.61% ownership of the company. No change in the last quarter.
VGTSX - Vanguard Total International Stock Index Fund Investor Shares holds 3,185K shares representing 0.57% ownership of the company. In it's prior filing, the firm reported owning 3,475K shares, representing a decrease of 9.11%. The firm decreased its portfolio allocation in ENGINERSIN by 1.21% over the last quarter.
DFCEX - Emerging Markets Core Equity Portfolio - Institutional Class holds 2,473K shares representing 0.44% ownership of the company. No change in the last quarter.
DGS - WisdomTree Emerging Markets SmallCap Dividend Fund N holds 1,915K shares representing 0.34% ownership of the company. In it's prior filing, the firm reported owning 1,808K shares, representing an increase of 5.58%. The firm decreased its portfolio allocation in ENGINERSIN by 8.58% over the last quarter.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
