Current Analysis: Opera Ltd


Image Source: PixabayTM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Opera Ltd (OPRA) is a worldwide internet brand with a large, engaged, and growing base.It offers users products and services that include a variety of PC and mobile browsers, Opera Gaming portals and development tools, Opera News content recommendation products, and a number of e-commerce products and services.Its features include tabbed browsing, data savings, PC/mobile sync, and numerous features focused on privacy and security, including ad-blocking and a built-in VPN.Its browser products include Opera Mini, Opera Browser for Android and iOS, Opera for Computers, Opera GX, and Opera GX Mobile, separate browsers tailored for gamers.The newest addition of browsers is the beta release of a Web3-centric browser for PC and mobile which is tailored for crypto enthusiasts.In addition, the company operates Opera Ads, an online advertising platform; and offers Web3 and e-commerce services.Opera Limited was founded in 1995 and is headquartered in Oslo, Norway.Opera Limited is a subsidiary of Kunlun Tech Limited.Three key data points gauge Opera Ltd or any dividend-paying firm.The key three are:(1) Price(2) Dividends(3) ReturnsThose three keys also best tell whether any company has made, is making, and will make money.OPRA PriceOver the past year, Opera Ltd’s share price fell about 37% from $19.31 to $12.12 as of Tuesday’s market close.If OPRA shares trade in the range of $10.00 to $20.00 this next year, its recent $12.12 share price might rise to $14.50 by next year. Of course, OPRA’s price could also drop about the same $2.38 estimated amount or more.My $2.38 upside is based on a portion of the median of OPRA one-year target prices from six analysts tracking it for brokers.OPRA DividendOpera Ltd has paid variable Semi-Annual dividends since February 2023. The most recent $0.41 dividend was declared June 11th for shareholders of record July 2nd and was paid July 15th.A forward-looking $0.81 annual dividend yields 6.68% at Tuesday’s closing price.OPRA ReturnsTo put it all together, a $3.19 estimated gross gain per share for the next year shows up when adding OPRA’s  $0.81 annual dividend to the estimated price upside of $2.38.A little over $1000 buys 83 shares at $12.12 per share.A $10 broker fee (if charged), paid half at purchase and half at sale, might take $0.12 per share out of the $3.19 gross gain to reveal a net gain of $3.07 X 83 shares = $254.81 for about a 25.5% estimated net gain on the year.Furthermore, the $66.80 annual dividend income from $1K invested is over 5.5 times greater than the $12.12 single share price. By these numbers, Opera Ltd may be an ideal dividend dog.You might choose to pounce on Opera Ltd.  It is a 28-year-old dividend-paying Hungarian-based telecom firm with a 2-year track record paying variable semi-annual dividends.The exact track of OPRA’s future price and dividend will entirely be determined by market action.Remember the true value of any stock is best realized through personal ownership of shares.More By This Author:Current Analysis: Magyar Telekom PLC
Current Analysis: Advanced Info Service, AVIFY
Current Analysis: Spok Holdings Inc

Reviews

  • Total Score 0%
User rating: 0.00% ( 0
votes )



Leave a Reply

Your email address will not be published. Required fields are marked *