Megawide Construction (PSE:MWIDE) Price Target Increased by 32.35% to 4.59

The average one-year price target for Megawide Construction (PSE:MWIDE) has been revised to ₱4.59 / share. This is an increase of 32.35% from the prior estimate of ₱3.47 dated October 19, 2024.

The price target is an average of many targets provided by analysts. The latest targets range from a low of ₱4.54 to a high of ₱4.72 / share. The average price target represents an increase of 48.06% from the latest reported closing price of ₱3.10 / share.

Megawide Construction Maintains 15.20% Dividend Yield

At the most recent price, the company’s dividend yield is 15.20%.

Additionally, the company’s dividend payout ratio is 1.96. The payout ratio tells us how much of a company’s income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company’s income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.

The company’s 3-Year dividend growth rate is -0.50% .

What is the Fund Sentiment?

There are 1 funds or institutions reporting positions in Megawide Construction. This is unchanged over the last quarter. Average portfolio weight of all funds dedicated to MWIDE is 0.00%, an increase of 0.00%. Total shares owned by institutions decreased in the last three months by 0.00% to 1,507K shares.

What are Other Shareholders Doing?

DFCEX - Emerging Markets Core Equity Portfolio - Institutional Class holds 1,507K shares representing 0.07% ownership of the company. In its prior filing, the firm reported owning 1,950K shares , representing a decrease of 29.39%. The firm decreased its portfolio allocation in MWIDE by 28.91% over the last quarter.

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This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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