Ruth's Hospitality Group, Inc. (NASDAQ:RUTH) Updates On Dividend Release Date


On 2016-08-01, Ruth's Hospitality Group, Inc. (NASDAQ:RUTH) confirmed the dividend disbursement of $0.07 a share to shareholders as on record 2016-08-11. The firm will release dividend on 2016-08-25 while ex-dividend date is reported to be 2016-08-09.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Ruth's Hospitality Group, Inc. (NASDAQ:RUTH) paid a total of $0.07 per share in dividends. This figure stood at $0.07 a share in the same period a year ago indicating a deviation of 20%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $18.666 on the stock. This figure is the average of recommendations offered by 3 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $20 and $17, respectively.

Taking the mathematical rating formula, the price for Ruth's Hospitality Group, Inc. (NASDAQ:RUTH) stands at 2. Earnings Review Ruth's Hospitality Group, Inc. (NASDAQ:RUTH) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-04. For the period ending on 2016-09-30, experts are expecting EPS of $0.09.

Coming to the quarter ending on 2015-12-31, Ruth's Hospitality Group, Inc. (NASDAQ:RUTH) recorded EPS of $0.22. The reported numbers came lower than the analysts’ estimates of $0.23, demonstrating a miss of $-0.01 as against reported figures.

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