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Ituran Location And Control ( (ITRN) ) has issued an update.
On May 28, 2025, Ituran Location and Control Ltd. announced a dividend distribution of $10 million for the first quarter of 2025, equating to $0.50 per share. The dividend will be paid on July 2, 2025, to shareholders of record as of June 18, 2025. The Board of Directors confirmed that this distribution aligns with Israeli law and does not compromise the company’s operational capabilities or future plans. Prior to the distribution, Ituran had retained earnings of $230.7 million, which will decrease to $220.7 million post-distribution, and a cash balance of $75.7 million as of March 31, 2025.
The most recent analyst rating on (ITRN) stock is a Buy with a $35.00 price target. To see the full list of analyst forecasts on Ituran Location And Control stock, see the ITRN Stock Forecast page.
Spark’s Take on ITRN Stock
According to Spark, TipRanks’ AI Analyst, ITRN is a Outperform.
Ituran Location And Control is performing well financially, with strong growth and profitability metrics. The recent earnings call highlights a positive outlook with robust subscriber growth and strategic partnerships, despite some currency-related challenges. The stock is reasonably valued with a good dividend yield, though technical indicators suggest a need for cautious optimism given the neutral momentum.
To see Spark’s full report on ITRN stock, click here.
More about Ituran Location And Control
Ituran Location and Control Ltd. is a leader in the mobility technology sector, providing location-based services such as stolen vehicle recovery, fleet management, and mobile asset location. The company serves the retail, insurance, and automotive industries, and is the largest OEM telematics provider in Latin America. Ituran operates in over 20 countries and supports over 2.5 million subscribers, with a significant presence in Israel and Latin America.
Average Trading Volume: 109,041
Technical Sentiment Signal: Strong Buy
Current Market Cap: $780.6M
For an in-depth examination of ITRN stock, go to TipRanks’ Stock Analysis page.