Tailored Brands Inc (NASDAQ:TLRD) declared a quarterly dividend on Thursday, September 14th, RTT News reports. Investors of record on Tuesday, December 12th will be given a dividend of 0.18 per share on Friday, December 22nd. This represents a $0.72 dividend on an annualized basis and a dividend yield of 5.39%.

Tailored Brands (TLRD) traded down 0.37% on Thursday, hitting $13.36. 1,266,105 shares of the company were exchanged. The stock has a market capitalization of $657.25 million and a P/E ratio of 11.18. Tailored Brands has a 52 week low of $9.40 and a 52 week high of $28.76. The company has a 50 day moving average price of $11.97 and a 200-day moving average price of $12.77.

Tailored Brands (NASDAQ:TLRD) last announced its quarterly earnings results on Thursday, September 7th. The company reported $1.14 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.88 by $0.26. The firm had revenue of $851.00 million during the quarter, compared to the consensus estimate of $868.22 million. The business’s revenue for the quarter was down 6.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.99 EPS. On average, equities analysts expect that Tailored Brands will post $1.83 earnings per share for the current fiscal year.

In related news, Director Dinesh S. Lathi sold 3,200 shares of the stock in a transaction that occurred on Thursday, June 29th. The shares were sold at an average price of $10.86, for a total value of $34,752.00. Following the completion of the sale, the director now directly owns 22,757 shares of the company’s stock, valued at approximately $247,141.02. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Jack Calandra bought 10,000 shares of Tailored Brands stock in a transaction that occurred on Wednesday, June 21st. The stock was purchased at an average cost of $9.50 per share, with a total value of $95,000.00. Following the completion of the acquisition, the chief financial officer now directly owns 31,026 shares in the company, valued at approximately $294,747. The disclosure for this purchase can be found here.

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Several research firms have issued reports on TLRD. Zacks Investment Research cut shares of Tailored Brands from a “strong-buy” rating to a “hold” rating in a research note on Wednesday. Jefferies Group LLC restated a “hold” rating and set a $13.00 target price (up previously from $12.00) on shares of Tailored Brands in a research note on Friday, September 8th. ValuEngine cut shares of Tailored Brands from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. TheStreet upgraded shares of Tailored Brands from a “d+” rating to a “c-” rating in a research note on Wednesday, June 7th. Finally, Wunderlich set a $24.00 target price on shares of Tailored Brands and gave the company a “buy” rating in a research note on Thursday, June 8th. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Tailored Brands presently has an average rating of “Hold” and an average price target of $16.86.

About Tailored Brands

Tailored Brands, Inc is a holding company of The Men’s Wearhouse, Inc The Company is a specialty apparel retailer offering suits, suit separates, sport coats, slacks, business casual, sportswear, outerwear, dress shirts, shoes and accessories for men and tuxedo and suit rental product. It operates through two segments: Retail and Corporate Apparel.

Dividend History for Tailored Brands (NASDAQ:TLRD)

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