Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) Updates On Dividend Release Date

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On 2016-06-01, Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) confirmed the dividend disbursement of $4.4 a share to shareholders as on record 2016-07-15. The firm will release dividend on 2016-08-05 while ex-dividend date is reported to be 2016-07-13.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) paid a total of $4.4 per share in dividends. This figure stood at $4.4 a share in the same period a year ago indicating a deviation of 8.4507%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $160.8 on the stock. This figure is the average of recommendations offered by 5 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $187 and $140, respectively.

Taking the mathematical rating formula, the price for Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) stands at 2.57. Earnings Review Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) will report its quarterly earnings for the period ending on 2016-07-31 by 2016-09-14. For the period ending on 2016-07-31, experts are expecting EPS of $2.1.

Coming to the quarter ending on 2015-07-31, Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) recorded EPS of $1.82. The reported numbers came lower than the analysts’ estimates of $1.8, demonstrating a miss of $0.02 as against reported figures.

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