On 2016-06-07, Valmont Industries, Inc. (NYSE:VMI) confirmed the dividend disbursement of $0.375 a share to shareholders as on record 2016-06-24. The firm will release dividend on 2016-07-15 while ex-dividend date is reported to be 2016-06-22.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Valmont Industries, Inc. (NYSE:VMI) paid a total of $0.375 per share in dividends. This figure stood at $0.375 a share in the same period a year ago indicating a deviation of 9.0909%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $165 on the stock. This figure is the average of recommendations offered by 1 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $165 and $165, respectively.
Taking the mathematical rating formula, the price for Valmont Industries, Inc. (NYSE:VMI) stands at 2.67. Earnings Review Valmont Industries, Inc. (NYSE:VMI) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-19. For the period ending on 2016-09-30, experts are expecting EPS of $1.5.
Coming to the quarter ending on 2015-12-31, Valmont Industries, Inc. (NYSE:VMI) recorded EPS of $1.85. The reported numbers came lower than the analysts’ estimates of $1.74, demonstrating a miss of $0.11 as against reported figures.
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