Dean Foods (NYSE:DF) declared a quarterly dividend on Thursday, May 15th, AnalystRatingsNetwork reports.
Shareholders of record on Tuesday, May 27th will be given a dividend of 0.07 per share on Thursday, June 5th. This represents a $0.28 dividend on an annualized basis and a yield of 1.83%. The ex-dividend date of this dividend is Thursday, May 22nd.
DF has been the subject of a number of recent research reports. Analysts at Deutsche Bank cut their price target on shares of Dean Foods from $15.00 to $14.00 in a research note on Friday, May 9th. On the ratings front, analysts at BB&T Corp. initiated coverage on shares of Dean Foods in a research note on Monday, April 14th. They set a “buy” rating and a $21.00 price target on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Dean Foods in a research note on Tuesday, February 25th. They now have a $15.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $17.00.
Shares of Dean Foods (NYSE:DF) opened at 15.29 on Friday. Dean Foods has a 52 week low of $13.59 and a 52 week high of $22.96. The stock’s 50-day moving average is $15.48 and its 200-day moving average is $16.39. The company has a market cap of $1.443 billion and a P/E ratio of 4.66.
Dean Foods (NYSE:DF) last announced its earnings results on Thursday, May 8th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by $0.06. The company had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $2.27 billion. During the same quarter in the previous year, the company posted $0.31 earnings per share. The company’s revenue for the quarter was up 2.1% on a year-over-year basis. On average, analysts predict that Dean Foods will post $0.59 earnings per share for the current fiscal year.
Source: WatchListNews
