Synalloy Corporation (NASDAQ:SYNL) is scheduled to announce its earnings results before the market opens on Tuesday, November 7th.

Synalloy Corporation (NASDAQ:SYNL) last released its quarterly earnings data on Tuesday, August 8th. The industrial products company reported $0.23 earnings per share (EPS) for the quarter. The company had revenue of $51.51 million during the quarter. Synalloy Corporation had a positive return on equity of 0.64% and a negative net margin of 1.54%. On average, analysts expect Synalloy Corporation to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of Synalloy Corporation (SYNL) traded down 1.39% during trading on Tuesday, hitting $14.20. The stock had a trading volume of 4,719 shares. The company’s market capitalization is $123.77 million. Synalloy Corporation has a 52 week low of $8.95 and a 52 week high of $15.30. The company’s 50 day moving average price is $13.01 and its 200 day moving average price is $11.92.

The firm also recently announced an annual dividend, which will be paid on Monday, November 6th. Stockholders of record on Wednesday, October 25th will be paid a $0.13 dividend. The ex-dividend date is Tuesday, October 24th. This represents a dividend yield of 0.94%. Synalloy Corporation’s payout ratio is presently -44.83%.

In other news, CEO Craig C. Bram acquired 7,061 shares of the company’s stock in a transaction that occurred on Friday, August 11th. The shares were acquired at an average price of $10.84 per share, for a total transaction of $76,541.24. Following the completion of the purchase, the chief executive officer now owns 177,802 shares in the company, valued at $1,927,373.68. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Privet Fund Management Llc acquired 22,036 shares of the company’s stock in a transaction that occurred on Monday, September 25th. The stock was purchased at an average price of $11.80 per share, for a total transaction of $260,024.80. Following the purchase, the insider now owns 49,086 shares of the company’s stock, valued at approximately $579,214.80. The disclosure for this purchase can be found here. In the last quarter, insiders purchased 60,012 shares of company stock worth $692,600. 10.60% of the stock is owned by company insiders.

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Synalloy Corporation Company Profile

Synalloy Corporation is a chemical manufacturing company. The Company operates through two segments: the Metals Segment and the Specialty Chemicals Segment. The Company’s Metals Segment comprises three subsidiaries: Synalloy Metals, Inc, which owns Bristol Metals, LLC (BRISMET), located in Bristol, Tennessee; Palmer of Texas Tanks, Inc (Palmer), located in Andrews, Texas; and Specialty Pipe & Tube, Inc (Specialty), located in Mineral Ridge, Ohio and Houston, Texas.

Earnings History for Synalloy Corporation (NASDAQ:SYNL)

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