bebe stores, inc. (BEBE) Declares Quarterly Dividend of $0.02
bebe stores, inc. (NASDAQ:BEBE) declared a quarterly dividend on Wednesday, August 27th, Analyst Ratings Network.com reports. Shareholders of record on Wednesday, September 17th will be given a dividend of 0.015 per share on Wednesday, October 1st. This represents a $0.06 dividend on an annualized basis and a yield of 2.02%.
BEBE has been the subject of a number of recent research reports. Analysts at Janney Montgomery Scott downgraded shares of bebe stores, inc. from a “buy” rating to a “neutral” rating in a research note on Friday, August 15th. They now have a $3.00 price target on the stock. On the ratings front, analysts at Zacks downgraded shares of bebe stores, inc. from a “neutral” rating to an “underperform” rating in a research note on Wednesday, July 23rd. They now have a $2.70 price target on the stock. Finally, analysts at B. Riley downgraded shares of bebe stores, inc. from a “buy” rating to a “neutral” rating in a research note on Monday, June 30th. They now have a $3.40 price target on the stock, down previously from $7.50. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the stock. bebe stores, inc. presently has a consensus rating of “Hold” and an average price target of $4.28.
Shares of bebe stores, inc. (NASDAQ:BEBE) remained flat at $2.97 during during mid-day trading trading on Wednesday. The stock had a trading volume of 395,886 shares. bebe stores, inc. has a 52-week low of $2.61 and a 52-week high of $7.03. The stock has a 50-day moving average of $2.87 and a 200-day moving average of $4.50. The company’s market cap is $235.9 million.
bebe stores, inc. designs, develop and produce a distinctive lines of contemporary women’s apparel and accessories.
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