As per Kforce, Inc. (NASDAQ:KFRC)’s news release on 2016-08-04, its shareholders will get cash dividend of $0.12 per share. The recent press release updated on the record date and payout date, which stands at 2016-09-09 and 2016-09-23, respectively.
The stock will commence trading ex-dividend from 2016-09-07, 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 Kforce, Inc. (NASDAQ:KFRC) disbursed $0.12 in dividend compared to distribution of $0.12, a year ago.
It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of 12.5%.
The sell-side market professionals who track the firm’s financial and technical parameters have estimated Kforce, Inc. (NASDAQ:KFRC) to attain a price target of $19.8. It is an average estimate figure given by 5 analysts tracking the stock. The estimates disclosed that the stock can move up on the chart and hit a high of $22. The low price range is set at $17 for next year while the arithmetic mean is seen at 1.67.
Eyeing Earnings Kforce, Inc. (NASDAQ:KFRC) is likely to post quarterly numbers around 2016-11-01 for the quarter ending 2016-09-30. The quarterly EPS projection is set at $0.42 for the period ending on 2016-09-30.
In last quarter ended 2015-12-31, Kforce, Inc. (NASDAQ:KFRC) earnings came at $0.41 suggesting a deviation of $0.01. The brokerages targeted EPS of $0.4 for the quarter.
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