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Dawson Geophysical (NASDAQ:DWSN) announced a special dividend on Wednesday, February 5th, Analyst Ratings Network reports. Shareholders of record on Friday, February 14th will be paid a dividend of 0.08 per share on Monday, February 24th. The ex-dividend date is Wednesday, February 12th.

A number of analysts have recently weighed in on DWSN shares. Analysts at Zacks downgraded shares of Dawson Geophysical from a “neutral” rating to an “underperform” rating in a research note to investors on Tuesday, January 14th. They now have a $31.50 price target on the stock. Analysts at Wunderlich reiterated a “buy” rating on shares of Dawson Geophysical in a research note to investors on Tuesday, November 19th. They now have a $40.00 price target on the stock.

Dawson Geophysical (NASDAQ:DWSN) traded down 0.31% on Wednesday, hitting $31.71. 89,709 shares of the company’s stock traded hands. Dawson Geophysical has a 52-week low of $26.56 and a 52-week high of $40.86. The stock’s 50-day moving average is $33.41 and its 200-day moving average is $33.30. The company has a market cap of $252.2 million and a price-to-earnings ratio of 24.36.

Dawson Geophysical (NASDAQ:DWSN) last issued its quarterly earnings data on Tuesday, February 4th. The company reported ($0.36) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by $0.46. The company had revenue of $68.18 million for the quarter, compared to the consensus estimate of $66.68 million. During the same quarter in the previous year, the company posted $0.36 earnings per share. The company’s revenue for the quarter was down 11.0% on a year-over-year basis. On average, analysts predict that Dawson Geophysical will post $1.91 earnings per share for the current fiscal year.

Provides seismic data acquisition and analysis services to the oil and gas industry. Data acquisition services include the detonation of small subsurface charges, whereby waves of acoustic energy are generated, reflected by the earth’s subsurface strata, and recorded by electronic equipment.

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