As per Fred's, Inc. (NASDAQ:FRED) statement on 2016-08-22, it will disburse $0.06 per share as dividend. The record date is 2016-09-02, the payout date as 2016-09-15 and the ex-dividend date is 2016-08-31.
In FY2015 Fred's, Inc. (NASDAQ:FRED) disbursed cash dividend of $0.06. A year ago, the payout was $0.06, showing a difference of 0 percent. The average payout, as seen by track record of last 5 years, is $0.06, implying growth of 8.4472 percent .
For the period ended on 2016-01-31, Fred's, Inc. (NASDAQ:FRED)’s earnings came at $-0.18 per share paralleled to EPS of $0.1 a year ago. The company can post earnings for quarter ending 2016-10-31 on or around 2016-11-22. The EPS estimate stands at $-0.13. Investors assess stock performance based on the firm’s earnings power.
The interim price target for Fred's, Inc. (NASDAQ:FRED) is set at $13.5, a price known by averaging the views of 4 analysts.
Consensus projections of quarterly report are published for this current quarter, the subsequent quarter and likewise for nearly eight quarters. In some cases, estimates are available past the first few quarters. Projections are also released for the current year and next fiscal.
A consensus projection for the current fiscal is reported once actual report for the previous year is released. As actual figures are made available, analysts tend to revise their earnings estimates within the quarter or fiscal they are predicting.
Even the sophisticated investors such as pension fund and mutual fund managers depend heavily on consensus projections. Many of the groups do not have the resources to analyze thousands of publicly-listed firms in detail or just to keep tabs on few of them, for that matter.
The best price estimate for Fred's, Inc. (NASDAQ:FRED) is seen at $17 and the lowest level estimate is $10. This range gives a standard deviation of $2.886 in reported estimates.
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