Ennis Inc. Announces Quarterly Dividend of $0.18 (EBF)
Ennis (NYSE:EBF) declared a quarterly dividend on Thursday, June 26th, American Banking News.com reports. Shareholders of record on Monday, July 14th will be given a dividend of 0.175 per share on Friday, August 1st. This represents a $0.70 dividend on an annualized basis and a yield of 4.57%.
On the ratings front, analysts at TheStreet downgraded shares of Ennis from a “buy” rating to a “hold” rating in a research note on Wednesday, April 23rd.
Ennis (NYSE:EBF) traded down 1.63% during mid-day trading on Thursday, hitting $15.07. 10,245 shares of the company’s stock traded hands. Ennis has a 52 week low of $13.54 and a 52 week high of $19.59. The stock’s 50-day moving average is $15.19 and its 200-day moving average is $15.78. The company has a market cap of $394.8 million and a price-to-earnings ratio of 30.64.
Ennis (NYSE:EBF) last posted its quarterly earnings results on Monday, June 23rd. The company reported $0.31 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.37 by $0.06. The company had revenue of $141.20 million for the quarter, compared to the consensus estimate of $146.00 million. On average, analysts predict that Ennis will post $1.35 earnings per share for the current fiscal year.
Ennis, Inc (NYSE:EBF) and its subsidiaries print and manufacture a range of business forms and other business products and also manufacture a line of activewear for distribution throughout North America.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.