On 2016-07-26, Northwest Bancshares, Inc. (NASDAQ:NWBI) confirmed the dividend disbursement of $0.15 a share to shareholders as on record 2016-08-04. The firm will release dividend on 2016-08-18 while ex-dividend date is reported to be 2016-08-02.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Northwest Bancshares, Inc. (NASDAQ:NWBI) 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 -65.4321%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $15 on the stock. This figure is the average of recommendations offered by 2 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $15 and $15, respectively.
Taking the mathematical rating formula, the price for Northwest Bancshares, Inc. (NASDAQ:NWBI) stands at 2.67. Earnings Review Northwest Bancshares, Inc. (NASDAQ:NWBI) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-24. For the period ending on 2016-09-30, experts are expecting EPS of $0.24.
Coming to the quarter ending on 2015-12-31, Northwest Bancshares, Inc. (NASDAQ:NWBI) recorded EPS of $0.2. The reported numbers came lower than the analysts’ estimates of $0.2, demonstrating a miss of $0 as against reported figures.
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