Foot Locker, Inc. (NYSE:FL) Updates On Dividend Release Date


On 2016-08-18, Foot Locker, Inc. (NYSE:FL) confirmed the dividend disbursement of $0.275 a share to shareholders as on record 2016-10-14. The firm will release dividend on 2016-10-28 while ex-dividend date is reported to be 2016-10-12.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Foot Locker, Inc. (NYSE:FL) paid a total of $0.275 per share in dividends. This figure stood at $0.275 a share in the same period a year ago indicating a deviation of 13.6364%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $75.75 on the stock. This figure is the average of recommendations offered by 16 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $83 and $67, respectively.

Taking the mathematical rating formula, the price for Foot Locker, Inc. (NYSE:FL) stands at 1.47. Earnings Review Foot Locker, Inc. (NYSE:FL) will report its quarterly earnings for the period ending on 2016-10-31 by 2016-11-18. For the period ending on 2016-10-31, experts are expecting EPS of $1.1.

Coming to the quarter ending on 2016-01-31, Foot Locker, Inc. (NYSE:FL) recorded EPS of $0.94. The reported numbers came lower than the analysts’ estimates of $0.91, demonstrating a miss of $0.03 as against reported figures.

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