Sotheby's (NYSE:BID) Updates On Dividend Release Date


On 2016-01-05, Sotheby's (NYSE:BID) confirmed the dividend disbursement of $0.1 a share to shareholders as on record 2015-12-01. The firm will release dividend on 2015-12-15 while ex-dividend date is reported to be 2015-11-27.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Sotheby's (NYSE:BID) paid a total of $0.1 per share in dividends. This figure stood at $0.1 a share in the same period a year ago indicating a deviation of -91.5612%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $31.5 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 $35 and $28, respectively.

Taking the mathematical rating formula, the price for Sotheby's (NYSE:BID) stands at 3. Earnings Review Sotheby's (NYSE:BID) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-14. For the period ending on 2016-09-30, experts are expecting EPS of $-0.34.

Coming to the quarter ending on 2015-12-31, Sotheby's (NYSE:BID) recorded EPS of $1.51. The reported numbers came lower than the analysts’ estimates of $1.05, demonstrating a miss of $0.46 as against reported figures.

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