Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  Boeing Co    BA

Delayed Quote. Delayed  - 08/24 10:00:25 pm
133.29 USD   -0.63%
08/23 BOEING : Mercer Island seniors, veterans soar on Dream Flights
08/22 BOEING INTERNAL : AvWeek
08/22 BOEING : Delivers AH-64E Apache Training System to South Korea
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

The Boeing Company : Boeing Plans To Return 80% Of Cash To Shareholders

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/22/2013 | 04:46pm CEST

Boeing Co.'s (BA) top executives say it plans to return around 80% of its free cash to shareholders, aiming to keep its research and development spending considerably lower over the next decade compared to the significantly delayed and over budget 787 Dreamliner.

Chief financial officer Greg Smith said that the return in the form of dividends and stock buybacks to its investors won't, however, dent the balance of around $11 billion in free cash the company holds.

Boeing chief executive Jim McNerney told Wall Street analysts at its annual investor day that the company wants to shrink record backlogs down and deliver jets to customers sooner and increase cash back to shareholders, as it evaluates production rate increases on its 787 and single-aisle 737s.

Mr. McNerney wants "less worshipping [the backlog of orders], more converting it" with higher production.

Boeing is evaluating the launch of two new wide-body products, a third 787 model and significantly updated 777X, both of which, along side its 737 Max jet, would not reach the research and development levels over the next decade, compared to the all-new 787s initial development, said Mr. McNerney.

The company is resuming share buybacks in 2013, after a four year hiatus, with plans spend between $1.5 to $2 billion this year.

Boeing currently aims to build 10 787s per month by years end, with plans to accelerate 737 production to 42 per month in 2014.

Write to Jon Ostrower at Jon.Ostrower@wsj.com

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on BOEING CO
08:48p BOEING : Federal Contracts Awarded to Companies in Missouri (Aug. 24)
01:38p BOEING : MILITARY $29,602 Federal Contract Awarded to Boeing
01:02p BOEING : Presolicitation Notice - Increment 3 Block 1 Retrofit Non Recurring Eng..
08/23 BOEING : MILITARY $136,255 Federal Contract Awarded to Boeing
08/23 BOEING : Presolicitation Notice - COCK, DRAIN, FLUSH MO, B-52 ACFT
08/23 BOEING : Mercer Island seniors, veterans soar on Dream Flights
08/22 BOEING INTERNAL FORECAST SEES 535 JE : AvWeek
08/22 BOEING : Delivers AH-64E Apache Training System to South Korea
08/22 BOEING : Airworthiness Directives; The Boeing Company Airplanes
08/22 BOEING : Presolicitation Notice - Slat, Aircraft / 25F, E3A
More news
Sector news : Commercial Aircraft Manufacturing
08/22 BOEING INTERNAL FORECAST SEES 535 JE : AvWeek
08/18 Boeing says China demand for aircraft steady despite economic slowdown
08/16DJU.K. to Buy More Dogfight Missiles for Jets in GBP184 Million Deal
08/16 AIRBUS : Boeing brace for crucial phase in subsidies dispute
08/12 BAE : Woodford income fund sells BAE Systems stake, cites pension
More sector news : Commercial Aircraft Manufacturing
News from SeekingAlpha
12:59p Qantas eyes more Boeing 787 Dreamliners
08/23 What Do Lower Order Estimates Mean For Boeing?
08/23 BOEING : A Stock For The Long-Term Investor
08/23 BOEING : The Big Picture
08/23 HORMEL FOODS : A Dividend King With 50 Years Of Dividend Increases (Part 18 Of 1..
Advertisement
Financials ($)
Sales 2016 94 125 M
EBIT 2016 5 789 M
Net income 2016 4 229 M
Debt 2016 1 068 M
Yield 2016 3,23%
P/E ratio 2016 25,04
P/E ratio 2017 13,55
EV / Sales 2016 0,90x
EV / Sales 2017 0,89x
Capitalization 83 680 M
More Financials
Chart BOEING CO
Duration : Period :
Boeing Co Technical Analysis Chart | BA | US0970231058 | 4-Traders
Full-screen chart
Technical analysis trends BOEING CO
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 149 $
Spread / Average Target 11%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Dennis A. Muilenburg Chairman, President & Chief Executive Officer
Gregory D. Smith Chief Financial Officer & Executive Vice President
Ted Colbert Chief Information Officer
Gregory L. Hyslop CTO, Senior VP-Engineering, Test & Technology
Kenneth M. Duberstein Lead Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
BOEING CO-7.23%83 680
TEXTRON INC.-2.40%11 048
DASSAULT AVIATION-16.40%9 862
AVICHINA INDUSTRY & TE..-4.40%4 497
AVIC HELICOPTER CO LTD-18.64%3 787
EMBRAER SA-51.75%3 221
More Results