Questar Corporation (NYSE:STR) Given Price Target Of $23


As per Questar Corporation (NYSE:STR)’s news release on 2016-08-02, its shareholders will get cash dividend of $0.22 per share. The recent press release updated on the record date and payout date, which stands at 2016-08-19 and 2016-09-12, respectively.

The stock will commence trading ex-dividend from 2016-08-17, until, which the shareholders are compelled to keep the holdings so as to qualify for the dividend. Evaluating the dividend distribution mode, it was noted that last year Questar Corporation (NYSE:STR) disbursed $0.22 in dividend compared to distribution of $0.22, a year ago.

It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of 12%.

Analyst Perspective

The sell-side market professionals who track the firm’s financial and technical parameters have estimated Questar Corporation (NYSE:STR) to attain a price target of $23. It is an average estimate figure given by 3 analysts tracking the stock. The estimates disclosed that the stock can move up on the chart and hit a high of $25. The low price range is set at $19 for next year while the arithmetic mean is seen at 3.5.

Eyeing Earnings Questar Corporation (NYSE:STR) is likely to post quarterly numbers around 2016-11-02 for the quarter ending 2016-09-30. The quarterly EPS projection is set at $0.19 for the period ending on 2016-09-30.

In last quarter ended 2015-12-31, Questar Corporation (NYSE:STR) earnings came at $0.2 suggesting a deviation of $-0.02. The brokerages targeted EPS of $0.22 for the quarter.

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