Manitowoc Company, Inc. (The) (NYSE:MTW) Updates On Dividend Release Date


On 2015-10-29, Manitowoc Company, Inc. (The) (NYSE:MTW) confirmed the dividend disbursement of $0.08 a share to shareholders as on record 2015-11-27. The firm will release dividend on 2015-12-10 while ex-dividend date is reported to be 2015-11-24.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Manitowoc Company, Inc. (The) (NYSE:MTW) paid a total of $0.08 per share in dividends. This figure stood at $0.08 a share in the same period a year ago indicating a deviation of 0%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $5.5 on the stock. This figure is the average of recommendations offered by 8 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $7 and $4.5, respectively.

Taking the mathematical rating formula, the price for Manitowoc Company, Inc. (The) (NYSE:MTW) stands at 2.25. Earnings Review Manitowoc Company, Inc. (The) (NYSE:MTW) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-26. For the period ending on 2016-09-30, experts are expecting EPS of $-0.09.

Coming to the quarter ending on 2015-12-31, Manitowoc Company, Inc. (The) (NYSE:MTW) recorded EPS of $0.04. The reported numbers came lower than the analysts’ estimates of $0.03, demonstrating a miss of $0.01 as against reported figures.

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