Analysts: more sales Richemont, huge dividend

Tomorrow the Swiss company Richemont will publish its past quarters results. For this year Richemont's revenue will be around 14,27 billion CHF. This is according to the average of the analysts' estimates. This is slightly more than 2018's revenue of 13,99 billion CHF.

Historical revenues and results Richemont plus estimates 2020

The analysts expect for 2020 a net profit of 1,29 billion CHF. Most of the analysts anticipate on a profit per share of 2,33 CHF. With this the price/earnings-ratio is 22,74.

Huge dividend Richemont

Per share the analysts anticipate on a dividend of 1,67 CHF per share. Richemont's dividend yield thus equals 3,15 percent. The average dividend yield of the personal goods companies is an attractive 3,32 percent.

Latest estimates around 61 CHF

The most recent recommendations for the personal goods company are from RBC Capital Markets, UBS and Citigroup.

Based on the current number of shares Richemont's market capitalization equals 27,15 billion CHF. The Richemont stock was the past 12 months quite unstable. Since last May the stock is 22 percent lower. This year the stock price moved between 45 and 87 CHF. Since 2008 the stock price is almost 31 percent higher.

Price data Richemont 2007-2020

Click here for dividend Richemont. At 10.35 the stock trades 1,85 percent lower at 52,98 CHF.

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