What is BlackRock Enhanced Global Dividend Trust’s BOE Current Price?

You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.

Boeing reported revenues of $22.02 billion in the last reported quarter, representing a year-over-year change of +10.2%. The company currently pays a dividend of $1.26 per share, or 8.58%, on an annual basis. The average sales price for crude during the fourth quarter was $74.51 per barrel, indicating fxdd review a 12.2% decrease from the prior-year quarter’s level of $90.54. The figure was also lower than our expectation of $76.69 per barrel. Over the last four quarters, Boeing surpassed consensus EPS estimates two times. The company topped consensus revenue estimates three times over this period.

Trading Services

The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #4 (Sell) for Boeing. For the next fiscal year, the consensus earnings estimate of $7.59 indicates a change of +197.5% from what Boeing is expected to report a year ago. BlackRock Enhanced Global Dividend Trust is a closed ended equity mutual fund launched by BlackRock, Inc.

1. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security.
2. It had a long-term debt of $1.8 billion with a debt-to-capitalization of 47.3%.
3. Invesco CEF Income Composite ETF holds 805,902 shares of BOE stock, representing 1.20% of its portfolio.
4. Excluding working capital, cash flow from operations went up 56% year over year to $365.9 million, while organic drilling and development capital expenditures totaled $260 million.
5. When earnings estimates for a company go up, the fair value for its stock goes up as well.
6. The figure was up 18% from that recorded in the first quarter of 2023.

This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.18% per year. These returns cover a period from January 1, 1988 through January 1, 2024. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month.

Trading Information

Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock’s fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors.

Based on an average daily trading volume, of 177,100 shares, the short-interest ratio is currently 0.1 days. The fourth-quarter production (comprising 60.2% oil) increased 45% from the year-ago level to 114,363 barrels of oil equivalent per day (Boe/d). While oil volume totaled 68,871 barrels per day (up 46.9% year over year), natural gas (and NGLs) amounted to 272,950 thousand cubic feet per day (up 42.4%). Our model estimate for oil volume and natural gas production was pegged at 73,100 Boe/d and 228,700 thousand cubic feet per day, respectively.

The figure was up 18% from that recorded in the first quarter of 2023. Adjusted EBITDA came in at $401.7 million compared with $264.8 million in the year-ago period. The company’s oil and natural gas sales of $543.4 million missed the Zacks Consensus Estimate of $554 million. The top line, however, improved from the year-ago figure of $445.6 million.

Zacks’ 7 BestStrong Buy Stocks for March, 2024

BlackRock Enhanced Global Dividend Trust’s stock was trading at $9.92 on January 1st, 2024. Since then, BOE shares have increased by 3.0% and is now trading at $10.22. The company currently pays a dividend of 38 cents per share, or 2.78%, on an annual basis.

It holds a 100% interest in the Honeymoon uranium project covering an area of approximately 2,595 square kilometers located in South Australia. The company was formerly known as Boss Resources Limited and changed its name to Boss Energy Limited in November 2020. Boss Energy Limited was incorporated in 2005 and is based in Subiaco, Australia.

The fund is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in stocks of companies across all market capitalizations. The fund also invests through derivatives, with an emphasis on options on equity securities or indices. It benchmarks the performance of its portfolio against the S&P Global Broad Market Index. The fund was formerly known as BlackRock Global Opportunities Equity Trust.

(SUBCY Quick QuoteSUBCY – Free Report) , Energy Transfer LP (ET Quick QuoteET – Free Report) and Murphy USA Inc. (MUSA Quick QuoteMUSA – Free Report) , each sporting a Zacks Rank #1 (Strong Buy) at present. US stocks slumped on Wednesday as traders eyed upcoming inflation data and continued to assess the outlook for rate cuts this year. The BlackRock Enhanced Global Dividend Trust primary investment objective is to provide current income and current gains, with bitfinex recensioni a secondary investment objective of long-term capital appreciation. Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.

Economists polled by Dow Jones are expecting consumer expenditure prices to rise 0.3% for the month of January, higher than the prior month’s 0.2% increase. Invesco CEF Income Composite ETF holds 805,902 shares of BOE stock, representing 1.20% of its portfolio. Growth stocks offer a lot of bang for your buck, and we’ve got the next upcoming superstars to strongly consider for your portfolio. Sign-up to receive the latest news and ratings for BlackRock Enhanced Global Dividend Trust and its competitors with MarketBeat’s FREE daily newsletter.

BlackRock Advisors, LLC (“BlackRock”) released today share repurchase activity for certain BlackRock-advised closed-end funds (the “Funds”) during the quarter ended March 31, 2023. MUSA is involved in the marketing of retail motor fuel products and convenience merchandise, operating retail stores under the brands Murphy USA, Murphy Express and QuickChek. As of Dec 31, quebex Northern had $8.2 million in cash and cash equivalents. It had a long-term debt of $1.8 billion with a debt-to-capitalization of 47.3%. “We continue to think that the Fed’s policy of waiting and watching is valid,” he added. All eyes will be on the Personal Consumption Expenditures index on Thursday, which is the Federal Reserve’s preferred measure of inflation.

Boeing is expected to post a loss of $0.33 per share for the current quarter, representing a year-over-year change of +74%. Over the last 30 days, the Zacks Consensus Estimate has changed -299.7%. BlackRock Enhanced Global Dividend Trust announced a monthly dividend on Thursday, February 1st. Stockholders of record on Thursday, February 15th will be paid a dividend of $0.063 per share on Thursday, February 29th. ET is an independent energy company, principally engaged in the acquisition, exploration, development and production of crude oil and natural gas.

BlackRock Enhanced Global Dividend Trust was formed on May 31, 2005 and is domiciled in the United States. Northern Oil and Gas (NOG Quick QuoteNOG – Free Report) reported fourth-quarter 2023 adjusted earnings per share (EPS) of $1.61, which lagged the Zacks Consensus Estimate of $1.64. This was primarily due to weaker commodity prices and a 52.6% increase in operating expenses. The Barchart Technical Opinion widget shows you today’s overally Barchart Opinion with general information on how to interpret the short and longer term signals. Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating.