Bemis Co. Inc. Announces Quarterly Dividend of $0.27 (BMS)
Bemis Co. (NYSE:BMS) announced a quarterly dividend on Thursday, February 6th, Stock Ratings Network reports. Stockholders of record on Tuesday, February 18th will be paid a dividend of 0.27 per share on Monday, March 3rd. This represents a $1.08 annualized dividend and a dividend yield of 2.85%.
A number of analysts have recently weighed in on BMS shares. Analysts at Zacks reiterated a “neutral” rating on shares of Bemis Co. in a research note to investors on Tuesday. They now have a $41.00 price target on the stock. On the ratings front, analysts at Barclays downgraded shares of Bemis Co. from an “equal weight” rating to an “underweight” rating in a research note to investors on Wednesday, January 22nd. They now have a $39.00 price target on the stock, up previously from $3.00. Two research analysts have rated the stock with a sell rating and seven have given a hold rating to the company’s stock. Bemis Co. presently has a consensus rating of “Hold” and an average price target of $40.14.
Bemis Co. (NYSE:BMS) traded up 0.34% during mid-day trading on Thursday, hitting $37.84. 473,990 shares of the company’s stock traded hands. Bemis Co. has a 52 week low of $36.22 and a 52 week high of $42.34. The stock has a 50-day moving average of $39.60 and a 200-day moving average of $39.76. The company has a market cap of $3.856 billion and a P/E ratio of 18.49.
Bemis Co. (NYSE:BMS) last announced its earnings results on Thursday, January 30th. The company reported $0.54 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.54. The company had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.22 billion. On average, analysts predict that Bemis Co. will post $2.47 earnings per share for the current fiscal year.
Bemis Company, Inc, is a manufacturer of packaging products and pressure sensitive materials. The Company’s business activities are organized around its three reportable business segments, U.
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