DSW Inc. (NYSE:DSW) Given Price Target Of $23.9


As per DSW Inc. (NYSE:DSW)’s news release on 2016-08-30, its shareholders will get cash dividend of $0.2 per share. The recent press release updated on the record date and payout date, which stands at 2016-09-16 and 2016-09-30, respectively.

The stock will commence trading ex-dividend from 2016-09-14, 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 DSW Inc. (NYSE:DSW) disbursed $0.2 in dividend compared to distribution of $0.2, a year ago.

It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of 6.6667%.

Analyst Perspective

The sell-side market professionals who track the firm’s financial and technical parameters have estimated DSW Inc. (NYSE:DSW) to attain a price target of $23.9. It is an average estimate figure given by 10 analysts tracking the stock. The estimates disclosed that the stock can move up on the chart and hit a high of $28. The low price range is set at $16 for next year while the arithmetic mean is seen at 2.44.

Eyeing Earnings DSW Inc. (NYSE:DSW) is likely to post quarterly numbers around 2016-11-22 for the quarter ending 2016-10-31. The quarterly EPS projection is set at $0.5 for the period ending on 2016-10-31.

In last quarter ended 2016-01-31, DSW Inc. (NYSE:DSW) earnings came at $0.35 suggesting a deviation of $0.06. The brokerages targeted EPS of $0.29 for the quarter.

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