Western Refining, Inc. (NYSE:WNR) Updates On Dividend Release Date


On 2016-07-20, Western Refining, Inc. (NYSE:WNR) confirmed the dividend disbursement of $0.38 a share to shareholders as on record 2016-07-25. The firm will release dividend on 2016-08-09 while ex-dividend date is reported to be 2016-07-21.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Western Refining, Inc. (NYSE:WNR) paid a total of $0.38 per share in dividends. This figure stood at $0.38 a share in the same period a year ago indicating a deviation of -55.8442%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $23.75 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 $29 and $19, respectively.

Taking the mathematical rating formula, the price for Western Refining, Inc. (NYSE:WNR) stands at 2.71. Earnings Review Western Refining, Inc. (NYSE:WNR) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-01. For the period ending on 2016-09-30, experts are expecting EPS of $0.39.

Coming to the quarter ending on 2015-12-31, Western Refining, Inc. (NYSE:WNR) recorded EPS of $0.72. The reported numbers came lower than the analysts’ estimates of $0.51, demonstrating a miss of $0.21 as against reported figures.

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