Portmeirion Group (LON:PMP) Earns “House Stock” Rating from Shore Capital

Shore Capital restated their house stock rating on shares of Portmeirion Group (LON:PMP – Get Rating) in a research note published on Tuesday, Marketbeat Ratings reports.

Portmeirion Group Stock Performance

Shares of LON PMP opened at GBX 448 ($5.57) on Tuesday. The company has a current ratio of 2.36, a quick ratio of 0.68 and a debt-to-equity ratio of 27.17. Portmeirion Group has a 12 month low of GBX 285 ($3.54) and a 12 month high of GBX 522.65 ($6.50). The stock has a 50 day moving average of GBX 444.51 and a 200-day moving average of GBX 370.49. The company has a market capitalization of £62.68 million, a P/E ratio of 1,066.67, a P/E/G ratio of 0.75 and a beta of 1.33.

Portmeirion Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, May 30th. Stockholders of record on Thursday, April 20th will be paid a dividend of GBX 12 ($0.15) per share. This is an increase from Portmeirion Group’s previous dividend of $3.50. This represents a dividend yield of 3.4%. The ex-dividend date of this dividend is Thursday, April 20th. Portmeirion Group’s payout ratio is currently 3,571.43%.

Portmeirion Group Company Profile

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Portmeirion Group PLC manufactures, markets, and distributes ceramics, home fragrances, and associated homeware products in the United Kingdom, the United States, South Korea, and internationally. It offers tableware, cookware, giftware, glassware, and tabletop accessories under the Portmeirion, Spode, Wax Lyrical, Royal Worcester, Nambé, and Pimpernel brand names.