Switch to:
ITT Educational Services Inc (NYSE:ESI)
3-Year Average Buyback Ratio
-0.50 (As of Mar. 2016)

This is the average share buyback rate of the company over the past 3 years. A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.

ESI' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: -0.5   Max: 13
Current: -0.5

-0.5
13

During the past 13 years, ITT Educational Services Inc's highest 3-Year Average Share Buyback Ratio was 13.00. The lowest was -0.50. And the median was 4.50.

ESI's 3-Year Average Buyback Ratio is ranked higher than
55% of the 91 Companies
in the Global Education & Training Services industry.

( Industry Median: -1.10 vs. ESI: -0.50 )

Definition

This is the average share buyback rate of the company over the past 3 years.


Explanation

A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.


Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.


Related Terms

Net Income

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK