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معلومات مباشر
Source: معلومات مباشر
10 Hrsمعلومات مباشر
Source: معلومات مباشر
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Riyad Capital maintained its Buy recommendation on stc shares, despite lowering its target price to SAR 47 due to weak operating profitability and higher net debt. It cited expected total returns of 26.8% and a dividend yield of 5.3%. The company’s revenue reached SAR 20 billion in the third quarter of 2026, up 4% year over year, driven by an 18.5% increase in revenue from subsidiaries. Net profit fell 12%, however, due to a SAR 156 million zakat expense and higher financing costs. The company announced a dividend of SAR 0.55 per share for the current quarter.
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