Escalade, Incorporated (NASDAQ:ESCA) declared a quarterly dividend on Monday, July 31st, Zacks reports. Stockholders of record on Monday, September 11th will be given a dividend of 0.115 per share on Monday, September 18th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 3.87%. The ex-dividend date of this dividend is Friday, September 8th.
Escalade, (NASDAQ:ESCA) opened at 11.90 on Friday. Escalade, has a 12-month low of $11.30 and a 12-month high of $14.70. The stock has a 50 day moving average price of $12.51 and a 200-day moving average price of $12.70. The stock has a market capitalization of $170.93 million, a P/E ratio of 15.28 and a beta of 0.06.
Escalade, (NASDAQ:ESCA) last issued its quarterly earnings results on Monday, July 31st. The company reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.23 by $0.08. Escalade, had a net margin of 6.67% and a return on equity of 10.95%. The business had revenue of $52.39 million for the quarter, compared to analysts’ expectations of $45.60 million. Equities research analysts expect that Escalade, will post $0.75 EPS for the current year.
An institutional investor recently raised its position in Escalade, stock. State Street Corp boosted its position in shares of Escalade, Incorporated (NASDAQ:ESCA) by 9.8% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 130,666 shares of the company’s stock after buying an additional 11,654 shares during the period. State Street Corp owned 0.91% of Escalade, worth $1,710,000 as of its most recent SEC filing. 26.02% of the stock is owned by institutional investors and hedge funds.
A number of analysts recently issued reports on the company. Zacks Investment Research cut Escalade, from a “hold” rating to a “sell” rating in a research report on Friday, August 4th. ValuEngine cut Escalade, from a “buy” rating to a “hold” rating in a research report on Friday, August 4th. Finally, TheStreet raised Escalade, from a “c+” rating to a “b” rating in a research report on Monday, July 31st.
Escalade, Company Profile
Escalade, Incorporated (Escalade) is a manufacturer and distributor of sporting goods through its subsidiary Escalade Sports. The Company operates in Sporting Goods (Escalade Sports) segment. Escalade Sports manufactures, imports and distributes sporting goods brands in basketball goals, archery, indoor and outdoor game recreation and fitness products through sporting goods retailers, specialty dealers, key online retailers, traditional department stores and mass merchants.
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