On 2016-07-28, Investors Bancorp, Inc. (NASDAQ:ISBC) confirmed the dividend disbursement of $0.06 a share to shareholders as on record 2016-08-10. The firm will release dividend on 2016-08-25 while ex-dividend date is reported to be 2016-08-08.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Investors Bancorp, Inc. (NASDAQ:ISBC) 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 109.7039%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $12.45 on the stock. This figure is the average of recommendations offered by 5 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $13 and $11.5, respectively.
Taking the mathematical rating formula, the price for Investors Bancorp, Inc. (NASDAQ:ISBC) stands at 2.57. Earnings Review Investors Bancorp, Inc. (NASDAQ:ISBC) 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 $0.15.
Coming to the quarter ending on 2015-12-31, Investors Bancorp, Inc. (NASDAQ:ISBC) recorded EPS of $0.15. The reported numbers came lower than the analysts’ estimates of $0.14, demonstrating a miss of $0.01 as against reported figures.
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