TheStreet (NASDAQ:TST) is scheduled to be releasing its earnings data before the market opens on Tuesday, May 14th. Analysts expect TheStreet to post earnings of ($0.10) per share for the quarter.
TheStreet (NASDAQ:TST) last issued its earnings results on Tuesday, March 12th. The information services provider reported $0.10 EPS for the quarter, topping the consensus estimate of ($0.20) by $0.30. TheStreet had a net margin of 32.98% and a negative return on equity of 3.32%. The company had revenue of $13.92 million for the quarter, compared to analyst estimates of $13.60 million. During the same period in the previous year, the firm earned $0.70 EPS.
TheStreet stock opened at $6.70 on Friday. TheStreet has a 52 week low of $6.34 and a 52 week high of $25.00. The stock has a market capitalization of $35.68 million, a P/E ratio of -11.17 and a beta of 0.05.
The firm also recently disclosed a special dividend, which was paid on Monday, April 22nd. Investors of record on Monday, April 15th were given a $17.70 dividend. The ex-dividend date of this dividend was Tuesday, April 23rd.
In other TheStreet news, major shareholder Cannell Capital Llc acquired 15,294 shares of the firm’s stock in a transaction that occurred on Wednesday, March 13th. The shares were acquired at an average cost of $2.19 per share, for a total transaction of $33,493.86. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders purchased a total of 30,982 shares of company stock worth $139,236 over the last quarter. Insiders own 30.00% of the company’s stock.
An institutional investor recently raised its position in TheStreet stock. Dimensional Fund Advisors LP boosted its position in TheStreet, Inc. (NASDAQ:TST) by 17.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 228,979 shares of the information services provider’s stock after purchasing an additional 33,937 shares during the quarter. Dimensional Fund Advisors LP owned about 0.46% of TheStreet worth $465,000 as of its most recent filing with the Securities and Exchange Commission.
Several research firms recently commented on TST. ValuEngine lowered shares of TheStreet from a “buy” rating to a “hold” rating in a research report on Monday, February 4th. Zacks Investment Research lowered shares of TheStreet from a “buy” rating to a “hold” rating in a research report on Friday, March 15th. Lake Street Capital set a $30.00 price objective on shares of TheStreet and gave the stock a “buy” rating in a research report on Thursday, April 4th. Finally, B. Riley reiterated a “buy” rating on shares of TheStreet in a research report on Wednesday, March 13th.
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TheStreet Company Profile
TheStreet, Inc, a financial news and information provider, provides business to business (B2B) and business to consumer (B2C) content and products worldwide. The company operates through three segments: TheDeal/BoardEx, RateWatch, and Business to Consumer. Its B2B products include The Deal, a digital subscription model that delivers coverage primarily to institutional investors on changes in corporate control comprising merges and acquisitions, private equity, corporate activism, and restructuring; and BoardEx, an institutional relationship capital management database and platform, which holds profiles of approximately 1 million business leaders.
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