Barrett Business Services Inc. Declares Quarterly Dividend of $0.18 (BBSI)
Barrett Business Services (NASDAQ:BBSI) announced a quarterly dividend on Friday, November 1st, AnalystRatings.Net reports. Shareholders of record on Friday, November 22nd will be paid a dividend of $0.18 per share on Friday, December 6th. This represents a $0.72 annualized dividend and a dividend yield of 0.86%.
A number of analysts have recently weighed in on BBSI shares. Analysts at Roth Capital raised their price target on shares of Barrett Business Services from $75.00 to $100.00 in a research note to investors on Thursday. They now have a “buy” rating on the stock. On a related note, analysts at Thomson Reuters/Verus upgraded shares of Barrett Business Services from a “hold” rating to a “buy” rating in a research note to investors on Monday, October 7th. Finally, analysts at Thomson Reuters/Verus upgraded shares of Barrett Business Services from a “hold” rating to a “buy” rating in a research note to investors on Monday, September 2nd.
Barrett Business Services (NASDAQ:BBSI) traded up 2.07% on Friday, hitting $84.99. The stock had a trading volume of 6,410 shares. Barrett Business Services has a 52-week low of $26.00 and a 52-week high of $86.00. The stock’s 50-day moving average is $71.69 and its 200-day moving average is $63.44. The company has a market cap of $605.2 million and a price-to-earnings ratio of 40.68.
Barrett Business Services, Inc is a provider of business management solutions, combining human resource outsourcing and professional management consulting.
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