Clarus Corp (NASDAQ:CLAR) Announces $0.03 Quarterly Dividend

Share on StockTwits

Clarus Corp (NASDAQ:CLAR) announced a quarterly dividend on Monday, October 28th, Zacks reports. Stockholders of record on Friday, November 8th will be given a dividend of 0.025 per share on Friday, November 15th. This represents a $0.10 annualized dividend and a dividend yield of 0.89%. The ex-dividend date of this dividend is Thursday, November 7th.

Shares of CLAR traded down $0.29 during mid-day trading on Wednesday, hitting $11.27. The company’s stock had a trading volume of 11,307 shares, compared to its average volume of 145,770. The company has a current ratio of 3.96, a quick ratio of 1.39 and a debt-to-equity ratio of 0.10. The firm has a 50-day simple moving average of $11.82 and a 200 day simple moving average of $12.73. The firm has a market capitalization of $369.30 million, a P/E ratio of 19.74 and a beta of 1.37. Clarus has a 1-year low of $8.56 and a 1-year high of $15.10.

Clarus (NASDAQ:CLAR) last posted its quarterly earnings results on Monday, November 4th. The company reported $0.19 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.03). The business had revenue of $60.20 million during the quarter, compared to analyst estimates of $61.06 million. Clarus had a net margin of 4.87% and a return on equity of 11.22%. As a group, sell-side analysts predict that Clarus will post 0.69 EPS for the current fiscal year.

Several research firms have recently commented on CLAR. Macquarie began coverage on Clarus in a report on Friday, July 12th. They issued an “outperform” rating and a $20.00 price target for the company. Zacks Investment Research cut Clarus from a “buy” rating to a “hold” rating in a report on Thursday, July 25th. Jefferies Financial Group initiated coverage on Clarus in a report on Friday, October 11th. They set a “buy” rating and a $18.00 price objective for the company. DA Davidson reaffirmed a “neutral” rating on shares of Clarus in a report on Thursday, August 15th. Finally, Roth Capital reaffirmed a “neutral” rating and set a $14.00 price objective on shares of Clarus in a report on Tuesday, August 6th. They noted that the move was a valuation call. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $16.60.

About Clarus

Clarus Corporation focuses on the outdoor and consumer industries in the United States, Canada, Europe, the Middle East, Asia, Australia, New Zealand, Africa, and South America. The company develops, manufactures, and distributes outdoor equipment and lifestyle products with focus on the climb, ski, mountain, sport, and skincare categories.

Recommended Story: Bar Chart

Dividend History for Clarus (NASDAQ:CLAR)

Receive News & Ratings for Clarus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Clarus and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Brokerages Anticipate Sonoco Products Co  Will Announce Quarterly Sales of $1.35 Billion
Brokerages Anticipate Sonoco Products Co Will Announce Quarterly Sales of $1.35 Billion
GRUPO FINANCIER/ADR  Cut to Sell at ValuEngine
GRUPO FINANCIER/ADR Cut to Sell at ValuEngine
3D Systems  Downgraded to “Buy” at ValuEngine
3D Systems Downgraded to “Buy” at ValuEngine
ANI Pharmaceuticals  Rating Increased to Sell at ValuEngine
ANI Pharmaceuticals Rating Increased to Sell at ValuEngine
BioXcel Therapeutics  Downgraded by ValuEngine to “Hold”
BioXcel Therapeutics Downgraded by ValuEngine to “Hold”
Copart  Set to Announce Earnings on Wednesday
Copart Set to Announce Earnings on Wednesday


© 2006-2019 Ticker Report