Brokerage firm Oppenheimer Maintains its rating on Leucadia National Corp.(NYSE:LUK). In a research note issued to the investors, the brokerage major Raises the price-target to $23.00 per share. The shares have been rated Outperform. The rating by Oppenheimer was issued on Aug 5, 2016.
Leucadia National Corp. (LUK) made into the market gainers list on Wednesdays trading session with the shares advancing 0.05% or 0.01 points. Due to strong positive momentum, the stock ended at $18.83, which is also near the day’s high of $18.87. The stock began the session at $18.82 and the volume stood at 8,52,402 shares. The 52-week high of the shares is $23.355 and the 52 week low is $14.27. The company has a current market capitalization of $6,786 M and it has 36,03,92,120 shares in outstanding.
Leucadia National Corp. has also declared a cash dividend of $0.0625 on Jul 28, 2016. The shares will quote ex-dividend on Sep 15, 2016 and the record date has been fixed on Sep 19, 2016. The dividend payable date has been fixed on Sep 30, 2016.
Leucadia National Corp.(LUK) last announced its earnings results on Aug 3, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $2.63B. Analysts had an estimated revenue of $2.66B. Earnings per share were $0.15. Analysts had estimated an EPS of $0.25.
Leucadia National Corporation (Leucadia) is a diversified holding company engaged through its subsidiaries in a variety of businesses. The Company’s business operations include capital markets and asset management. The capital markets business includes its securities commodities futures and foreign exchange brokerage trading provides the sales trading origination and advisory effort for various fixed income equity and advisory activities and investment banking which consist of underwritin