Olympic Steel, Inc. (NASDAQ:ZEUS) Updates On Dividend Release Date


On 2016-08-10, Olympic Steel, Inc. (NASDAQ:ZEUS) confirmed the dividend disbursement of $0.02 a share to shareholders as on record 2016-09-01. The firm will release dividend on 2016-09-15 while ex-dividend date is reported to be 2016-08-30.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Olympic Steel, Inc. (NASDAQ:ZEUS) paid a total of $0.02 per share in dividends. This figure stood at $0.02 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 $23 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 $25 and $21, respectively.

Taking the mathematical rating formula, the price for Olympic Steel, Inc. (NASDAQ:ZEUS) stands at 4. Earnings Review Olympic Steel, Inc. (NASDAQ:ZEUS) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-03. For the period ending on 2016-09-30, experts are expecting EPS of $0.37.

Coming to the quarter ending on 2015-12-31, Olympic Steel, Inc. (NASDAQ:ZEUS) recorded EPS of $0.38. The reported numbers came lower than the analysts’ estimates of $0.42, demonstrating a miss of $-0.04 as against reported figures.

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