Houston Wire & Cable Company (NASDAQ:HWCC) Updates On Dividend Release Date


On 2016-08-10, Houston Wire & Cable Company (NASDAQ:HWCC) confirmed the dividend disbursement of $0.03 a share to shareholders as on record 2016-08-19. The firm will release dividend on 2016-08-30 while ex-dividend date is reported to be 2016-08-17.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Houston Wire & Cable Company (NASDAQ:HWCC) paid a total of $0.03 per share in dividends. This figure stood at $0.03 a share in the same period a year ago indicating a deviation of -10.6383%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $5 on the stock. This figure is the average of recommendations offered by 1 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $5 and $5, respectively.

Taking the mathematical rating formula, the price for Houston Wire & Cable Company (NASDAQ:HWCC) stands at 3. Earnings Review Houston Wire & Cable Company (NASDAQ:HWCC) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-03. For the period ending on 2016-09-30, experts are expecting EPS of $-0.02.

Coming to the quarter ending on 2015-12-31, Houston Wire & Cable Company (NASDAQ:HWCC) recorded EPS of $-0.04. The reported numbers came lower than the analysts’ estimates of $0.01, demonstrating a miss of $-0.05 as against reported figures.

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