Callaway Golf Company (NYSE:ELY) Updates On Dividend Release Date


On 2016-08-11, Callaway Golf Company (NYSE:ELY) confirmed the dividend disbursement of $0.01 a share to shareholders as on record 2016-08-25. The firm will release dividend on 2016-09-15 while ex-dividend date is reported to be 2016-08-23.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Callaway Golf Company (NYSE:ELY) paid a total of $0.01 per share in dividends. This figure stood at $0.01 a share in the same period a year ago indicating a deviation of 0%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $13.722 on the stock. This figure is the average of recommendations offered by 9 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $16 and $12, respectively.

Taking the mathematical rating formula, the price for Callaway Golf Company (NYSE:ELY) stands at 1.2. Earnings Review Callaway Golf Company (NYSE:ELY) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-19. For the period ending on 2016-09-30, experts are expecting EPS of $-0.11.

Coming to the quarter ending on 2015-12-31, Callaway Golf Company (NYSE:ELY) recorded EPS of $0.36. The reported numbers came lower than the analysts’ estimates of $0.33, demonstrating a miss of $0.03 as against reported figures.

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