As per BancorpSouth, Inc. (NYSE:BXS)’s news release on 2016-07-28, its shareholders will get cash dividend of $0.125 per share. The recent press release updated on the record date and payout date, which stands at 2016-09-15 and 2016-10-03, respectively.
The stock will commence trading ex-dividend from 2016-09-13, until, which the shareholders are compelled to keep the holdings so as to qualify for the dividend. Evaluating the dividend distribution mode, it was noted that last year BancorpSouth, Inc. (NYSE:BXS) disbursed $0.125 in dividend compared to distribution of $0.125, a year ago.
It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of 40%.
The sell-side market professionals who track the firm’s financial and technical parameters have estimated BancorpSouth, Inc. (NYSE:BXS) to attain a price target of $24.857. It is an average estimate figure given by 7 analysts tracking the stock. The estimates disclosed that the stock can move up on the chart and hit a high of $26. The low price range is set at $23 for next year while the arithmetic mean is seen at 2.75.
Eyeing Earnings BancorpSouth, Inc. (NYSE:BXS) is likely to post quarterly numbers around 2016-10-17 for the quarter ending 2016-09-30. The quarterly EPS projection is set at $0.4 for the period ending on 2016-09-30.
In last quarter ended 2015-12-31, BancorpSouth, Inc. (NYSE:BXS) earnings came at $0.39 suggesting a deviation of $0. The brokerages targeted EPS of $0.39 for the quarter.
1 Chart Pattern Every Investor Should Know
This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...