Dawson Geophysical Co. (DWSN) Plans Dividend of $0.08
Dawson Geophysical (NASDAQ:DWSN) declared a dividend on Wednesday, May 7th, AnalystRatings.NET reports. Stockholders of record on Friday, May 16th will be given a dividend of 0.08 per share on Friday, May 30th. The ex-dividend date of this dividend is Wednesday, May 14th.
On the ratings front, analysts at TheStreet downgraded shares of Dawson Geophysical from a “buy” rating to a “hold” rating in a research note on Monday, March 10th.
Shares of Dawson Geophysical (NASDAQ:DWSN) opened at 26.52 on Thursday. Dawson Geophysical has a 52 week low of $25.47 and a 52 week high of $40.86. The stock has a 50-day moving average of $28.17 and a 200-day moving average of $30.4. The company has a market cap of $211.1 million and a price-to-earnings ratio of 49.36.
Dawson Geophysical (NASDAQ:DWSN) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $0.20 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.50 by $0.30. The company had revenue of $76.77 million for the quarter, compared to the consensus estimate of $77.25 million. During the same quarter last year, the company posted $0.78 earnings per share. Dawson Geophysical’s revenue was down 7.9% compared to the same quarter last year. On average, analysts predict that Dawson Geophysical will post $1.37 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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