Kimball International, Inc. (KBAL) Scheduled to Post Quarterly Earnings on Monday
Kimball International (NASDAQ:KBAL) last posted its quarterly earnings results on Wednesday, August 2nd. The company reported $0.28 EPS for the quarter, topping the Zacks’ consensus estimate of $0.23 by $0.05. The business had revenue of $171.98 million during the quarter. Kimball International had a return on equity of 22.09% and a net margin of 5.60%. On average, analysts expect Kimball International to post $0.69 EPS for the current fiscal year and $0.85 EPS for the next fiscal year.
Kimball International, Inc. (NASDAQ KBAL) traded down 0.10% during trading on Monday, reaching $20.16. The company had a trading volume of 2,688 shares. Kimball International, Inc. has a 12-month low of $11.97 and a 12-month high of $20.97. The stock has a market cap of $755.68 million, a P/E ratio of 20.36 and a beta of 1.51. The firm has a 50-day moving average price of $18.94 and a 200 day moving average price of $17.53.
The company also recently disclosed a quarterly dividend, which was paid on Friday, October 13th. Shareholders of record on Monday, September 25th were paid a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 1.39%. This is a boost from Kimball International’s previous quarterly dividend of $0.06. The ex-dividend date was Friday, September 22nd. Kimball International’s dividend payout ratio is currently 28.28%.
In other Kimball International news, CEO Robert F. Schneider sold 31,790 shares of the company’s stock in a transaction dated Friday, August 11th. The shares were sold at an average price of $16.05, for a total transaction of $510,229.50. Following the sale, the chief executive officer now directly owns 280,621 shares of the company’s stock, valued at $4,503,967.05. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 2.70% of the stock is currently owned by corporate insiders.
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Separately, BidaskClub cut shares of Kimball International from a “sell” rating to a “strong sell” rating in a research note on Monday, July 31st.
About Kimball International
Kimball International, Inc creates design driven furnishings. The Company sells a portfolio of furniture products and services under three brands, which include Kimball Office, National Office Furniture, and Kimball Hospitality. The Company’s portfolio offers solutions for the workplace, learning, healing, and hospitality environments.
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