Analysts: more sales Michelin, quite high dividend

On Monday the French company Michelin will publish its past quarters results. For this year Michelin 's (located in Clermont-Ferrand) revenue will be around 22.53 billion euros. This is according to the average of the analysts' estimates. This is hugely more than 2021's revenue of 20.47 billion euros.

Historical revenues and results Michelin plus estimates 2021

The analysts expect for 2021 a net profit of 1.66 billion euros. The majority of the analysts expects for this year a profit per share of 9.17 euros. So the price/earnings-ratio equals 14.8.

Huge dividend Michelin

Analysts expect a dividend of 4.2 euros per share. Michelin 's dividend yield thus equals 3.09 percent. The average dividend yield of the automobile companies is an attractive 1.66 percent.

Most recent target prices around 141 euros

The most recent recommendations for the automobile company are from Barclays , RBC Capital Markets and Goldman Sachs .

Based on the current number of outstanding shares Michelin 's market capitalization is 24.25 billion euros. 45

Historical stock prices Michelin

At 10.42 the stock trades 0.92 percent higher at 135.75 euros.

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