Bob Evans Farms Inc (BOBE) Announces Quarterly Dividend of $0.31
Bob Evans Farms (NASDAQ:BOBE) declared a quarterly dividend on Wednesday, August 20th, AR Network reports. Investors of record on Monday, September 8th will be given a dividend of 0.31 per share on Monday, September 22nd. This represents a $1.24 dividend on an annualized basis and a yield of 2.56%.
A number of analysts have recently weighed in on BOBE shares. Analysts at Janney Montgomery Scott cut their price target on shares of Bob Evans Farms from $45.00 to $44.00 in a research note on Thursday, July 10th. They now have a “fair value” rating on the stock. Analysts at Miller Tabak raised their price target on shares of Bob Evans Farms from $57.00 to $59.00 in a research note on Wednesday, June 11th. They now have a “buy” rating on the stock. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the stock. Bob Evans Farms presently has an average rating of “Hold” and an average target price of $53.75.
Shares of Bob Evans Farms (NASDAQ:BOBE) traded up 0.66% during mid-day trading on Wednesday, hitting $48.49. 892,024 shares of the company’s stock traded hands. Bob Evans Farms has a 52-week low of $43.19 and a 52-week high of $60.22. The stock’s 50-day moving average is $47.54 and its 200-day moving average is $48.25. The company has a market cap of $1.139 billion and a P/E ratio of 38.17.
Bob Evans Farms (NASDAQ:BOBE) last announced its earnings results on Tuesday, July 8th. The company reported $0.61 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.41 by $0.20. The company had revenue of $326.40 million for the quarter, compared to the consensus estimate of $333.31 million. During the same quarter last year, the company posted $0.71 earnings per share. Bob Evans Farms’s revenue was down 2.2% compared to the same quarter last year. Analysts expect that Bob Evans Farms will post $1.97 EPS for the current fiscal year.
Bob Evans Farms, Inc (NASDAQ:BOBE) is a full-service restaurant company that operates Bob Evans Restaurants.
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.