Stock Update: McGraw Hill Financial Inc (NYSE:MHFI) – McGraw Hill Financial Increases Dividend 9%

[PR Newswire] – NEW YORK, Jan. 27, 2016 /PRNewswire/ — The Board of Directors of McGraw Hill Financial (NYSE: MHFI) today approved a 9% increase in the regular quarterly cash dividend on the Company’s common stock. … Read more on this. McGraw Hill Financial, Inc. (MHFI) , valued at $22.62B, started the session at $84.24. Looking at today’s market, MHFI one day range is $83.50 to $84.45 with the price of the stock fluctuating between $79.64 to $109.13 over the last 52 weeks. Priced at 18.75x this year’s forecasted earnings, MHFI shares are relatively expensive compared to the industry ’s -0.94x forward p/e ratio. The company pays shareholders $1.32 per share annually in dividends, yielding 1.54%. Consensus earnings for the current quarter by the 13 sell-side analysts covering the stock is an estimate of $1.01 per share, which would be $0.06 better than the year-ago quarter and a $0.06 sequential decrease. Investors should also note that the full-year EPS estimate of $4.50 is a $0.62 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $1.38 Billion. If realized, that would be a 6.98% increase over the year-ago quarter. More recently, Cantor Fitzgerald Initiated MHFI at Buy (Nov 10, 2015). Previously, The Benchmark Company downgraded MHFI from Buy to Hold. When considering if the stock is under or overvalued, the average price target is $111.80, which is 32.72% above where the stock opened this morning. See more in (NYSE:MHFI) Similar Articles: Market Update: McGraw Hill Financial Inc (NYSE:MHFI) – McGraw Hill Financial Reports Third Quarter Results Stock Update: McGraw Hill Financial Inc (NYSE:MHFI) – McGraw Hill Financial Schedules 3rd Quarter 2015 Earnings Announcement/Conference Call for Tuesday, November 3, 2015 Stock Update: McGraw Hill Financial Inc (NYSE:MHFI) – McGraw Hill Financial Announces Offering of Senior Notes