On 2016-08-22, Fred's, Inc. (NASDAQ:FRED) confirmed the dividend disbursement of $0.06 a share to shareholders as on record 2016-09-02. The firm will release dividend on 2016-09-15 while ex-dividend date is reported to be 2016-08-31.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Fred's, Inc. (NASDAQ:FRED) paid a total of $0.06 per share in dividends. This figure stood at $0.06 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 $14.5 on the stock. This figure is the average of recommendations offered by 4 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $17 and $12, respectively.
Taking the mathematical rating formula, the price for Fred's, Inc. (NASDAQ:FRED) stands at 3.4. Earnings Review Fred's, Inc. (NASDAQ:FRED) will report its quarterly earnings for the period ending on 2016-07-31 by 2016-08-30. For the period ending on 2016-07-31, experts are expecting EPS of $-0.21.
Coming to the quarter ending on 2016-01-31, Fred's, Inc. (NASDAQ:FRED) recorded EPS of $0.03. The reported numbers came lower than the analysts’ estimates of $0.02, demonstrating a miss of $0.01 as against reported figures.
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