Communications Systems, Inc. (JCS) To Go Ex-Dividend on December 12th

Share on StockTwits

Communications Systems, Inc. (NASDAQ:JCS) announced a quarterly dividend on Wednesday, December 4th, Wall Street Journal reports. Shareholders of record on Friday, December 13th will be paid a dividend of 0.02 per share by the communications equipment provider on Thursday, January 2nd. This represents a $0.08 dividend on an annualized basis and a yield of 0.96%. The ex-dividend date of this dividend is Thursday, December 12th.

Shares of NASDAQ:JCS opened at $8.35 on Tuesday. The business’s 50 day moving average is $6.59 and its 200 day moving average is $4.48. Communications Systems has a 12-month low of $2.03 and a 12-month high of $8.20. The stock has a market cap of $73.23 million, a price-to-earnings ratio of -11.76 and a beta of 0.97. The company has a quick ratio of 3.19, a current ratio of 4.33 and a debt-to-equity ratio of 0.01.

Communications Systems (NASDAQ:JCS) last issued its quarterly earnings data on Thursday, October 31st. The communications equipment provider reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.12. The business had revenue of $18.22 million for the quarter, compared to analysts’ expectations of $18.10 million. Communications Systems had a return on equity of 10.00% and a net margin of 5.80%. As a group, equities research analysts expect that Communications Systems will post 0.31 earnings per share for the current year.

In other Communications Systems news, VP Scott Fluegge sold 5,489 shares of the business’s stock in a transaction on Friday, November 1st. The stock was sold at an average price of $6.27, for a total value of $34,416.03. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders sold a total of 9,664 shares of company stock worth $59,174 in the last 90 days. Company insiders own 21.50% of the company’s stock.

Several analysts have recently commented on JCS shares. Zacks Investment Research upgraded shares of Communications Systems from a “hold” rating to a “strong-buy” rating and set a $4.75 target price for the company in a report on Friday, August 16th. ValuEngine lowered shares of Communications Systems from a “sell” rating to a “strong sell” rating in a research report on Thursday, November 28th. TheStreet upgraded shares of Communications Systems from a “c” rating to a “b-” rating in a report on Tuesday, November 19th. Finally, Northland Securities assumed coverage on shares of Communications Systems in a research report on Monday, November 25th. They issued a “buy” rating and a $8.00 price objective for the company.

Communications Systems Company Profile

Communications Systems, Inc, through its subsidiaries, manufactures and sells connectivity infrastructure products for broadband and voice communications in North America, Europe, the Middle East, Africa, and internationally. The company's Transition Networks segment designs, assembles, and markets media converters, NIDs, network interface cards, Ethernet switches, small form factor pluggable modules, and other connectivity products under the Transition Networks brand name.

Further Reading: How To Calculate Debt-to-Equity Ratio

Dividend History for Communications Systems (NASDAQ:JCS)

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



Latest News

Strs Ohio Has $21.92 Million Stake in Western Digital Corp
Strs Ohio Has $21.92 Million Stake in Western Digital Corp
Strs Ohio Has $22.13 Million Stock Position in Humana Inc
Strs Ohio Has $22.13 Million Stock Position in Humana Inc
Valeo Financial Advisors LLC Has $104,000 Stock Position in LYFT Inc
Valeo Financial Advisors LLC Has $104,000 Stock Position in LYFT Inc
Strs Ohio Sells 288,000 Shares of Discovery Communications Inc.
Strs Ohio Sells 288,000 Shares of Discovery Communications Inc.
Strs Ohio Has $23.09 Million Position in Waste Management, Inc.
Strs Ohio Has $23.09 Million Position in Waste Management, Inc.
Valeo Financial Advisors LLC Grows Position in Baker Hughes A GE Co
Valeo Financial Advisors LLC Grows Position in Baker Hughes A GE Co


© 2006-2020 Ticker Report