New Accounting & Financial Operations Risk for Solarwinds Corp – What’s the Latest?
Market News

New Accounting & Financial Operations Risk for Solarwinds Corp – What’s the Latest?

Solarwinds Corp (SWI) has disclosed a new risk, in the Accounting & Financial Operations category.

SolarWinds Corp has not issued a cash dividend to its shareholders since the disbursement aligned with the N-able spin-off in July 2021. This position reflects a significant business risk for investors seeking regular income streams from their shareholdings. The company’s board of directors retains full discretion over dividend payments, which are contingent on a variety of factors, including financial performance and legal constraints. Consequently, investors’ potential gains are primarily reliant on the appreciation of SolarWinds’ stock value in the market.

Overall, Wall Street has a Hold consensus rating on SWI stock based on 1 Buy, 1 Sell and 5 Holds.

To learn more about Solarwinds Corp’s risk factors, click here.

Related Articles
TheFlySolarWinds price target raised to $15 from $14 at Baird
TipRanks Auto-Generated NewsdeskSolarWinds Reports Solid Q3 2024 Financial Results
TheFlySolarWinds sees FY24 EPS $1.08-$1.09 , consensus $1.06
Go Ad-Free with Our App