IDT Corp. (NYSE:IDT) announced a special dividend on Wednesday, July 24th, Analyst Ratings Network reports. Investors of record on Friday, August 30th will be paid a dividend of $0.08 per share on Tuesday, September 10th. The ex-dividend date is Wednesday, August 28th.
A number of analysts have recently weighed in on IDT shares. Analysts at Chardan Capital downgraded shares of IDT Corp. from a “buy” rating to a “neutral” rating in a research note to investors on Friday, June 7th.
Shares of IDT Corp. (NYSE: IDT) traded down 1.57% during mid-day trading on Wednesday, hitting $19.42. IDT Corp. has a 52 week low of $8.76 and a 52 week high of $21.24. The stock’s 50-day moving average is currently $19.52. The company has a market cap of $444.7 million and a P/E ratio of 8.70.
IDT Corp. (NYSE:IDT) last issued its quarterly earnings data on Thursday, June 6th. The company reported $0.31 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.29 by $0.02. The company had revenue of $397.20 million for the quarter, compared to the consensus estimate of $413.30 million. On average, analysts predict that IDT Corp. will post $1.83 earnings per share for the current fiscal year.
IDT Corporation (NYSE: IDT) is a multinational holding company with operations primarily in the telecommunications industry.