On 2016-08-10, MercadoLibre, Inc. (NASDAQ:MELI) confirmed the dividend disbursement of $0.15 a share to shareholders as on record 2016-09-30. The firm will release dividend on 2016-10-14 while ex-dividend date is reported to be 2016-09-28.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, MercadoLibre, Inc. (NASDAQ:MELI) paid a total of $0.15 per share in dividends. This figure stood at $0.15 a share in the same period a year ago indicating a deviation of -37.9518%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $154 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 $185 and $100, respectively.
Taking the mathematical rating formula, the price for MercadoLibre, Inc. (NASDAQ:MELI) stands at 2.12. Earnings Review MercadoLibre, Inc. (NASDAQ:MELI) 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 $0.77.
Coming to the quarter ending on 2015-12-31, MercadoLibre, Inc. (NASDAQ:MELI) recorded EPS of $0.74. The reported numbers came lower than the analysts’ estimates of $0.57, demonstrating a miss of $0.17 as against reported figures.
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