HollyFrontier Corporation (NYSE:HFC) Given Price Target Of $28.857


As per HollyFrontier Corporation (NYSE:HFC)’s news release on 2016-08-03, its shareholders will get cash dividend of $0.33 per share. The recent press release updated on the record date and payout date, which stands at 2016-08-23 and 2016-09-23, respectively.

The stock will commence trading ex-dividend from 2016-08-19, until, which the shareholders are compelled to keep the holdings so as to qualify for the dividend. Evaluating the dividend distribution mode, it was noted that last year HollyFrontier Corporation (NYSE:HFC) disbursed $0.33 in dividend compared to distribution of $0.33, a year ago.

It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of -59.8159%.

Analyst Perspective

The sell-side market professionals who track the firm’s financial and technical parameters have estimated HollyFrontier Corporation (NYSE:HFC) to attain a price target of $28.857. It is an average estimate figure given by 7 analysts tracking the stock. The estimates disclosed that the stock can move up on the chart and hit a high of $36. The low price range is set at $24 for next year while the arithmetic mean is seen at 2.87.

Eyeing Earnings HollyFrontier Corporation (NYSE:HFC) is likely to post quarterly numbers around 2016-11-03 for the quarter ending 2016-09-30. The quarterly EPS projection is set at $0.35 for the period ending on 2016-09-30.

In last quarter ended 2015-12-31, HollyFrontier Corporation (NYSE:HFC) earnings came at $0.28 suggesting a deviation of $-0.05. The brokerages targeted EPS of $0.33 for the quarter.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

Click Here to See This Now.

(Visited 13 times, 1 visits today)