StoneMor Partners L.P. (NYSE:STON) Updates On Dividend Release Date


On 2016-07-26, StoneMor Partners L.P. (NYSE:STON) confirmed the dividend disbursement of $0.66 a share to shareholders as on record 2016-08-05. The firm will release dividend on 2016-08-12 while ex-dividend date is reported to be 2016-08-03.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, StoneMor Partners L.P. (NYSE:STON) paid a total of $0.66 per share in dividends. This figure stood at $0.66 a share in the same period a year ago indicating a deviation of 6.1728%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $32 on the stock. This figure is the average of recommendations offered by 4 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $35 and $30, respectively.

Taking the mathematical rating formula, the price for StoneMor Partners L.P. (NYSE:STON) stands at 1. Earnings Review StoneMor Partners L.P. (NYSE:STON) 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 $-0.06.

Coming to the quarter ending on 2015-12-31, StoneMor Partners L.P. (NYSE:STON) recorded EPS of $-0.26. The reported numbers came lower than the analysts’ estimates of $-0.03, demonstrating a miss of $-0.23 as against reported figures.

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