First Business Financial Services (FBIZ) Announces Quarterly Dividend of $0.21
First Business Financial Services (NASDAQ:FBIZ) declared a quarterly dividend on Friday, August 1st, AnalystRatingsNetwork reports. Investors of record on Monday, August 11th will be given a dividend of 0.21 per share on Monday, August 25th. This represents a $0.84 dividend on an annualized basis and a yield of 1.92%. The ex-dividend date of this dividend is Thursday, August 7th.
A number of analysts have recently weighed in on FBIZ shares. Analysts at FIG Partners upgraded shares of First Business Financial Services from a “market perform” rating to an “outperform” rating in a research note on Monday. They now have a $48.00 price target on the stock, down previously from $49.00. Analysts at Zacks upgraded shares of First Business Financial Services from a “neutral” rating to an “outperform” rating in a research note on Monday, June 30th. They now have a $50.00 price target on the stock.
First Business Financial Services (NASDAQ:FBIZ) traded down 0.53% during mid-day trading on Friday, hitting $43.39. 14,984 shares of the company’s stock traded hands. First Business Financial Services has a 1-year low of $29.97 and a 1-year high of $49.13. The stock has a 50-day moving average of $45.80 and a 200-day moving average of $44.60. The company has a market cap of $171.2 million and a P/E ratio of 12.15.
First Business Financial Services (NASDAQ:FBIZ) last issued its quarterly earnings data on Monday, July 28th. The company reported $0.88 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.90 by $0.02. On average, analysts predict that First Business Financial Services will post $3.73 earnings per share for the current fiscal year.
First Business Financial Services, Inc (NASDAQ:FBIZ) is a bank holding company engaged in the commercial banking business through its wholly owned subsidiaries, First Business Bank and First Business Bank – Milwaukee (the Banks).
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