Student Transportation Inc (NASDAQ:STB) Updates On Dividend Release Date


On 2016-05-12, Student Transportation Inc (NASDAQ:STB) confirmed the dividend disbursement of $0.037 a share to shareholders as on record 2016-08-31. The firm will release dividend on 2016-09-15 while ex-dividend date is reported to be 2016-08-29.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Student Transportation Inc (NASDAQ:STB) paid a total of $0.037 per share in dividends. This figure stood at $0.037 a share in the same period a year ago indicating a deviation of -28.3577%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $5.892 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 $7.5 and $4.94, respectively.

Taking the mathematical rating formula, the price for Student Transportation Inc (NASDAQ:STB) stands at 1.5. Earnings Review Student Transportation Inc (NASDAQ:STB) will report its quarterly earnings for the period ending on 2016-06-30 by 2016-09-12. For the period ending on 2016-06-30, experts are expecting EPS of $0.05.

Coming to the quarter ending on 2015-06-30, Student Transportation Inc (NASDAQ:STB) recorded EPS of $0.04. The reported numbers came lower than the analysts’ estimates of $0.03, demonstrating a miss of $0.01 as against reported figures.

Shares of the Student Transportation Inc (NASDAQ:STB) traded in the range of $5.3 to $5.34 and closed the last trading session at $5.3 on a volume of ((Volume:238}}.

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