Bob Evans Farms, Inc. (NASDAQ:BOBE) Updates On Dividend Release Date


On 2016-05-27, Bob Evans Farms, Inc. (NASDAQ:BOBE) confirmed the dividend disbursement of $0.34 a share to shareholders as on record 2016-06-06. The firm will release dividend on 2016-06-20 while ex-dividend date is reported to be 2016-06-02.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Bob Evans Farms, Inc. (NASDAQ:BOBE) paid a total of $0.34 per share in dividends. This figure stood at $0.34 a share in the same period a year ago indicating a deviation of 4.8387%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $55 on the stock. This figure is the average of recommendations offered by 3 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $60 and $50, respectively.

Taking the mathematical rating formula, the price for Bob Evans Farms, Inc. (NASDAQ:BOBE) stands at 1.5. Earnings Review Bob Evans Farms, Inc. (NASDAQ:BOBE) will report its quarterly earnings for the period ending on 2016-07-31 by 2016-08-31. For the period ending on 2016-07-31, experts are expecting EPS of $0.46.

Coming to the quarter ending on 2016-04-30, Bob Evans Farms, Inc. (NASDAQ:BOBE) recorded EPS of $0.48. The reported numbers came lower than the analysts’ estimates of $0.42, demonstrating a miss of $0.06 as against reported figures.

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