On 2016-07-27, Memorial Production Partners LP (NASDAQ:MEMP) confirmed the dividend disbursement of $0.03 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, Memorial Production Partners LP (NASDAQ:MEMP) 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 -11.3636%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $2.15 on the stock. This figure is the average of recommendations offered by 4 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $3.5 and $1, respectively.
Taking the mathematical rating formula, the price for Memorial Production Partners LP (NASDAQ:MEMP) stands at 3.38. Earnings Review Memorial Production Partners LP (NASDAQ:MEMP) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-02. For the period ending on 2016-09-30, experts are expecting EPS of $-0.07.
Coming to the quarter ending on 2015-12-31, Memorial Production Partners LP (NASDAQ:MEMP) recorded EPS of $-1.78. The reported numbers came lower than the analysts’ estimates of $-0.01, demonstrating a miss of $-1.77 as against reported figures.
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