Encana Corporation (NYSE:ECA) Updates On Dividend Release Date


On 2016-07-21, Encana Corporation (NYSE:ECA) confirmed the dividend disbursement of $0.015 a share to shareholders as on record 2016-09-15. The firm will release dividend on 2016-09-30 while ex-dividend date is reported to be 2016-09-13.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Encana Corporation (NYSE:ECA) paid a total of $0.015 per share in dividends. This figure stood at $0.015 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 $9.932 on the stock. This figure is the average of recommendations offered by 14 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $15 and $7.5, respectively.

Taking the mathematical rating formula, the price for Encana Corporation (NYSE:ECA) stands at 2.67. Earnings Review Encana Corporation (NYSE:ECA) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-10. For the period ending on 2016-09-30, experts are expecting EPS of $-0.02.

Coming to the quarter ending on 2015-12-31, Encana Corporation (NYSE:ECA) recorded EPS of $0.1. The reported numbers came lower than the analysts’ estimates of $-0.08, demonstrating a miss of $0.18 as against reported figures.

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