Buckle (NYSE:BKE) declared a quarterly dividend on Monday, June 3rd, AnalystRatingsNetwork.com reports. Stockholders of record on Monday, July 15th will be given a dividend of $0.20 per share on Friday, July 26th. This represents a $0.80 dividend on an annualized basis and a yield of 1.48%.
A number of analysts have recently weighed in on BKE shares. Analysts at KeyBanc raised their price target on shares of Buckle from $36.00 to $39.00 in a research note to investors on Friday, May 24th. They now have an “underweight” rating on the stock. On a related note, analysts at Imperial Capital reiterated an “in-line” rating on shares of Buckle in a research note to investors on Friday, May 24th. They now have a $54.00 price target on the stock, up previously from $49.00. Finally, analysts at Ascendiant Capital Markets downgraded shares of Buckle from a “neutral” rating to a “sell” rating in a research note to investors on Friday, May 24th.
Three analysts have rated the stock with a sell rating, one has assigned a hold rating and one has given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $47.50.
Shares of Buckle (NYSE: BKE) opened at 54.13 on Tuesday. Buckle has a one year low of $36.33 and a one year high of $57.22. The stock’s 50-day moving average is currently $50.7. The company has a market cap of $2.582 billion and a P/E ratio of 15.79.
Buckle (NYSE: BKE) last posted its quarterly earnings results on Thursday, May 23rd. The company reported $0.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by $0.04. The company had revenue of $269.70 million for the quarter, compared to the consensus estimate of $272.48 million. During the same quarter in the previous year, the company posted $0.79 earnings per share. The company’s revenue for the quarter was up 2.2% on a year-over-year basis. On average, analysts predict that Buckle will post $3.54 earnings per share for the current fiscal year.
The Buckle, Inc. is a retailer of casual apparel, footwear, and accessories for fashion conscious young men and women.
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