Journal of Accounting and Financial Issue
Vol 7 No 2 (2026): Journal of Accounting and Financial Issue (JAFIS)

ANALISIS PENGARUH EARNING PER SHARE (EPS), DIVIDEND PER SHARE (DPS) DAN FINANCIAL LEVERAGE TERHADAP HARGA SAHAM PADA PERUSAHAAN SEKTOR KONSUMSI YANG TERDAFTAR DI BEI

Wulan Dara Funna (Universitas Islam kebangsaan Indonesia Bireuen)
Nurmalawati Nurmalawati (Universitas Islam kebangsaan Indonesia Bireuen)
Koko Bustami (Universitas Islam kebangsaan Indonesia Bireuen)



Article Info

Publish Date
31 Oct 2026

Abstract

This study was conducted to examine the effect of earning per share, dividend per share, and financial leverage on stock prices of consumer sector companies listed on the Indonesia Stock Exchange. The research applies a quantitative approach using secondary data in the form of annual financial statements from sixteen companies selected through non-purposive sampling. The results of the partial analysis show that earning per share does not have a significant effect on stock prices in consumer sector companies listed on the Indonesia Stock Exchange. This is indicated by a calculated tvalue of -1.080717 < ttable 2.01537 and a significance level of 0.2857 > 0.05. Dividend per share also does not have a significant effect on stock prices, as shown by a calculated tvalue of -0.686566 < ttable 2.01537 and a significance level of 0.4960 > 0.05. On the other hand, financial leverage has a significant effect on stock prices. This finding is supported by a calculated tvalue of 2.055483 > ttable 2.01537 and a significance level of 0.0458 < 0.05. Simultaneously, earning per share, dividend per share, and financial leverage have a combined influence on stock prices of consumer sector companies listed on the Indonesia Stock Exchange.

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Journal Info

Abbrev

JAFIS

Publisher

Subject

Economics, Econometrics & Finance

Description

Journal of Accounting and Financial Issue (JAFIS) adalah jurnal yang diterbitkan oleh Program Studi Akuntansi Fakultas Ekonomi dan Bisnis Universitas Wiraraja dengan memuat publikasi di bidang akuntansi dan keuangan yang meliputi akuntansi keuangan dan pasar modal, akuntansi manajemen dan biaya, ...