Einstein Noah Restaurant Group, Inc. (BAGL) Declares Quarterly Dividend of $0.13
Einstein Noah Restaurant Group (NASDAQ:BAGL) declared a quarterly dividend on Thursday, May 1st, Stock Ratings News reports. Shareholders of record on Monday, June 2nd will be given a dividend of 0.13 per share on Tuesday, July 15th. This represents a $0.52 dividend on an annualized basis and a yield of 3.55%.
Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of Einstein Noah Restaurant Group from an “underperform” rating to a “neutral” rating in a research note on Wednesday. They now have a $15.70 price target on the stock. Finally, analysts at Jefferies Group cut their price target on shares of Einstein Noah Restaurant Group from $19.00 to $18.00 in a research note on Friday, February 28th.
Shares of Einstein Noah Restaurant Group (NASDAQ:BAGL) traded down 4.75% on Thursday, hitting $14.63. The stock had a trading volume of 113,419 shares. Einstein Noah Restaurant Group has a one year low of $13.08 and a one year high of $18.30. The stock has a 50-day moving average of $15.97 and a 200-day moving average of $16.00. The company has a market cap of $257.6 million and a price-to-earnings ratio of 18.73.
Einstein Noah Restaurant Group (NASDAQ:BAGL) last released its earnings data on Thursday, May 1st. The company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by $0.03. The company had revenue of $109.90 million for the quarter, compared to the consensus estimate of $107.43 million. During the same quarter in the previous year, the company posted $0.14 earnings per share. The company’s revenue for the quarter was up 3.6% on a year-over-year basis. Analysts expect that Einstein Noah Restaurant Group will post $1.00 EPS for the current fiscal year.
In other Einstein Noah Restaurant Group news, Director E Nelson Heumann acquired 5,000 shares of the company’s stock on the open market in a transaction that occurred on Thursday, April 17th. The shares were purchased at an average cost of $15.46 per share, with a total value of $77,300.00. Following the transaction, the director now directly owns 49,580 shares in the company, valued at approximately $766,507. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.
Einstein Noah Restaurant Group, Inc (NASDAQ:BAGL) is an owner/operator, franchisor and licensor of bagel specialty restaurants in the United States.
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