On 2016-08-04, Time Inc. (NYSE:TIME) confirmed the dividend disbursement of $0.19 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, Time Inc. (NYSE:TIME) paid a total of $0.19 per share in dividends. This figure stood at $0.19 a share in the same period a year ago indicating a deviation of 300%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $17.333 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 $15, respectively.
Taking the mathematical rating formula, the price for Time Inc. (NYSE:TIME) stands at 2. Earnings Review Time Inc. (NYSE:TIME) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-03. For the period ending on 2016-09-30, experts are expecting EPS of $0.31.
Coming to the quarter ending on 2015-12-31, Time Inc. (NYSE:TIME) recorded EPS of $0.22. The reported numbers came lower than the analysts’ estimates of $0.16, demonstrating a miss of $0.06 as against reported figures.
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