Parkway Properties, Inc. (NYSE:PKY) Updates On Dividend Release Date


On 2016-07-07, Parkway Properties, Inc. (NYSE:PKY) confirmed the dividend disbursement of $0.188 a share to shareholders as on record 2016-08-23. The firm will release dividend on 2016-09-06 while ex-dividend date is reported to be 2016-08-19.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Parkway Properties, Inc. (NYSE:PKY) paid a total of $0.188 per share in dividends. This figure stood at $0.188 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 $17.8 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 $18 and $17.5, respectively.

Taking the mathematical rating formula, the price for Parkway Properties, Inc. (NYSE:PKY) stands at 2.78. Earnings Review Parkway Properties, Inc. (NYSE:PKY) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-07. For the period ending on 2016-09-30, experts are expecting EPS of $0.31.

Coming to the quarter ending on 2015-12-31, Parkway Properties, Inc. (NYSE:PKY) recorded EPS of $0.34. The reported numbers came lower than the analysts’ estimates of $0.31, demonstrating a miss of $0.03 as against reported figures.

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