Ferrellgas Partners, L.P. (NYSE:FGP) Updates On Dividend Release Date


On 2016-08-29, Ferrellgas Partners, L.P. (NYSE:FGP) confirmed the dividend disbursement of $0.512 a share to shareholders as on record 2016-09-07. The firm will release dividend on 2016-09-14 while ex-dividend date is reported to be 2016-09-02.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Ferrellgas Partners, L.P. (NYSE:FGP) paid a total of $0.512 per share in dividends. This figure stood at $0.512 a share in the same period a year ago indicating a deviation of 2.5%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $17.2 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 $20 and $12, respectively.

Taking the mathematical rating formula, the price for Ferrellgas Partners, L.P. (NYSE:FGP) stands at 3.83. Earnings Review Ferrellgas Partners, L.P. (NYSE:FGP) will report its quarterly earnings for the period ending on 2016-07-31 by 2016-10-04. For the period ending on 2016-07-31, experts are expecting EPS of $-0.51.

Coming to the quarter ending on 2015-07-31, Ferrellgas Partners, L.P. (NYSE:FGP) recorded EPS of $0.19. The reported numbers came lower than the analysts’ estimates of $0.47, demonstrating a miss of $-0.28 as against reported figures.

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