Analysts expect over 2020 rising revenue Michelin, relatively high dividend

For this year Michelin's revenue will be around 23,9 billion euros. This is according to the average of the analysts' estimates. This is slightly more than 2018's revenue of 22,03 billion euros.

Historical revenues and results Michelin plus estimates 2020

The analysts expect for 2020 a net profit of 1,76 billion euros. For this year most of the analysts expect a profit per share of 10,18 euros. The PE-ratio therefore is 10,46.

Huge dividend Michelin

For this year the analysts expect a dividend of 3,89 euros per share. Thus the dividend yield equals 3,65 percent. The average dividend yield of the automobile companies is an attractive 2,48168007157524 percent.

Most recent target prices around 117 euros

The most recent recommendations for the automobile company are from Barclays, Citigroup and JP Morgan.

Based on the current number of outstanding shares Michelin's market capitalization 19,11 billion euros. The Michelin stock was the past 12 months quite volatile. Since last February the stock is 20 percent higher. This year the stock price moved between 89 and 120 euro. Since 2008 the stock price is almost 106 percent higher.

Historical stock prices Michelin past 10 years

Click here for dividend . At 11.54 the stock trades 0,42 percent lower at 106,45 euros.

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