Martin Midstream Partners L.P. (NASDAQ:MMLP) Updates On Dividend Release Date


On 2016-07-22, Martin Midstream Partners L.P. (NASDAQ:MMLP) confirmed the dividend disbursement of $0.813 a share to shareholders as on record 2016-08-05. The firm will release dividend on 2016-08-12 while ex-dividend date is reported to be 2016-08-03.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Martin Midstream Partners L.P. (NASDAQ:MMLP) paid a total of $0.813 per share in dividends. This figure stood at $0.813 a share in the same period a year ago indicating a deviation of 2.2817%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $22.833 on the stock. This figure is the average of recommendations offered by 6 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $29 and $17, respectively.

Taking the mathematical rating formula, the price for Martin Midstream Partners L.P. (NASDAQ:MMLP) stands at 2.5. Earnings Review Martin Midstream Partners L.P. (NASDAQ:MMLP) 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 $0.01.

Coming to the quarter ending on 2015-12-31, Martin Midstream Partners L.P. (NASDAQ:MMLP) recorded EPS of $-0.14. The reported numbers came lower than the analysts’ estimates of $0.24, demonstrating a miss of $-0.38 as against reported figures.

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