On 2016-10-05, Genesis Energy, L.P. (NYSE:GEL) updated dividend disbursement of $0.7 a share for record date 2016-10-28. The dividend release date is 2016-11-14 while ex-dividend date is 2016-10-26.
When stock market is in down-trend, dividend-paying organizations overcome the storm implicitly better than organizations that do not offer payout. It doesn’t mean that dividend-paying stocks do not decline, they do decline in bearish market, but the decline ratio is less than compared to other firms. During the known crisis that occurred in 2008, while the stocks not paying dividend declined 45%, dividend-paying stocks recorded an average drop of just 38%. This gap was even more in the recession seen in 2002, when dividend-paying stocks plunged by 0%, compared to decline of 30% for non-dividend-paying stocks. The past performance indicates that investments in dividend-paying stocks acted as a big cushion against losses for stockholders.
Last year, Genesis Energy, L.P. (NYSE:GEL) paid a total dividend of $0.7 per share. This figure was $0.7 a share in the same period preceding year signifying deviation of 10.7623%.
Analysts have calculated target range of $40.7 based on 10 calls. The upbeat and bearish forecasts are $53 and $33, respectively.
With the application of rating process, Genesis Energy, L.P. (NYSE:GEL) score came at 1.67. For period ending on 2016-12-31 quarterly earnings result date can be around 2017-02-16. While for the quarter closing on 2016-12-31, the projected EPS is $0.33.
Firms’ performance is appraised by their skill to outdo street anticipations. All followers track whether organizations “achieve their consensus”, simply explained, can organizations succeed to top analysts’ consensus. Knowing the inference of those predictions can help stockholders overcome the unpredictability seen during the release of quarterly report.
While shareholder’s decision on investment shouldn’t be bigoted too forcefully on whether organizations meet, beat or nosedive compared to the Street’s predictions, it’s appropriate keeping a track on actual earnings against forecasts.
Genesis Energy, L.P. (NYSE:GEL) recorded EPS of $0.28 for the quarter ending on 2015-12-31. The analysts’ estimate was $0.31, demonstrating a miss of $-0.03 as against posted EPS.
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