Current Analysis: Mowi


Image Source: PixabayMowi ASA (MHGVY) is a Norway-based producer of farmed salmon. It distributes salmon and other processed seafood globally.The company focuses on producing high-quality fish by producing its fish eggs and nurturing the fish in the early stages of their life. The company operates in three reportable segments which are organized as business areas as well.The segments include (1) Feed, (2) Farming, and  (3) Sales & Marketing.Fish feed production comprises two feed plants in Norway and Scotland.Farming comprises a single operating segment composed of operations in Norway, Scotland, Canada, Chile, Ireland, the Faroe Islands and Iceland, and a Breeding & Genetics programme.Sales & Marketing is composed of two operating segments Markets and Consumer Products.The company was formerly known as Marine Harvest ASA and changed its name to Mowi ASA in December 2018.Mowi ASA was founded in 1964 and is headquartered in Bergen, Norway.Three key data points gauge Mowi ASA 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.MHGVY PriceOver the past year, Mowi’s share price rose about 4.33% from $17.07 to $17.81 as of Wednesday’s market close.If Mowi shares trade in the range of $15.00 to $20.00 this next year, their recent $17.81 share price might rise to $19.00 by next year. Of course, MHGVY price could also drop about the same $1.19 estimated amount or more.My $1.19 upside is $0.31 over the median of one-year target prices from analysts tracking MHGVY for brokers.MHGVY DividendMowi ASA has paid quarterly variable dividends since December 2013. The most recent $0.143 quarterly dividend was declared May 8th for shareholders of record May 20th and was paid June 4th. A forward-looking $0.57 annual dividend yields 3.21% at Wednesday’s closing price.MHGVY ReturnsTo put it all together, a $1.76 estimated one year gross gain per share shows up when adding MHGVY’s  $0.57 estimated annual dividend to the estimated price upside of $1.19, equalling $1.76A little under $1000 buys us 56 shares at the $17.84 share price.A $10 broker fee (if charged), paid half at purchase and half at sale, might take about $0.18 per share out of the $1.76 annual, gross-gain to give us a a net gain of $1.58 X 56 shares = $88.48 for about a 8.7% estimated net gain for the year.Furthermore, the $32.10 annual dividend income from $1K invested could be about 1.8 times more than MHGVY’s $17.84 single share price. By these numbers, Mowi ASA may be an ideal dividend dog.You might choose to pounce on Mowi ASA. It is an 60 year-old dividend-paying Norwegian-based packaged fish firm with almost an 11 year record paying quarterly dividends that have begun increasing annually since 2015.The exact track of MHGVY 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: Maple Leaf Foods
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