On 2016-07-07, Genesis Energy, L.P. (NYSE:GEL) confirmed the dividend disbursement of $0.69 a share to shareholders as on record 2016-07-29. The firm will release dividend on 2016-08-12 while ex-dividend date is reported to be 2016-07-27.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Genesis Energy, L.P. (NYSE:GEL) paid a total of $0.69 per share in dividends. This figure stood at $0.69 a share in the same period a year ago indicating a deviation of 10.7623%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $41 on the stock. This figure is the average of recommendations offered by 9 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $53 and $33, respectively.
Taking the mathematical rating formula, the price for Genesis Energy, L.P. (NYSE:GEL) stands at 1.73. Earnings Review Genesis Energy, L.P. (NYSE:GEL) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-01. For the period ending on 2016-09-30, experts are expecting EPS of $0.32.
Coming to the quarter ending on 2015-12-31, Genesis Energy, L.P. (NYSE:GEL) recorded EPS of $0.22. The reported numbers came lower than the analysts’ estimates of $0.32, demonstrating a miss of $-0.1 as against reported figures.
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