Escalade, Incorporated (NASDAQ:ESCA – Get Rating) declared a quarterly dividend on Thursday, April 14th, Zacks reports. Shareholders of record on Tuesday, May 31st will be paid a dividend of 0.15 per share on Tuesday, June 7th. This represents a $0.60 dividend on an annualized basis and a yield of 4.49%. The ex-dividend date of this dividend is Friday, May 27th.
Shares of ESCA stock opened at $13.36 on Friday. The company has a market capitalization of $180.23 million, a P/E ratio of 7.59 and a beta of 1.34. The business’s 50 day moving average is $13.46 and its two-hundred day moving average is $15.94. The company has a current ratio of 3.55, a quick ratio of 1.63 and a debt-to-equity ratio of 0.34. Escalade has a 12-month low of $12.50 and a 12-month high of $25.72.
Escalade (NASDAQ:ESCA – Get Rating) last released its earnings results on Thursday, April 14th. The company reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.21. Escalade had a return on equity of 16.88% and a net margin of 7.78%. During the same period in the prior year, the firm earned $0.39 EPS. On average, research analysts predict that Escalade will post 1.81 earnings per share for the current fiscal year.
In related news, CEO Walter P. Jr. Glazer acquired 3,312 shares of Escalade stock in a transaction that occurred on Friday, March 4th. The shares were purchased at an average price of $13.13 per share, for a total transaction of $43,486.56. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 20.45% of the company’s stock.
A number of institutional investors have recently made changes to their positions in the stock. BNP Paribas Arbitrage SA increased its stake in Escalade by 52.6% during the fourth quarter. BNP Paribas Arbitrage SA now owns 3,568 shares of the company’s stock worth $56,000 after acquiring an additional 1,230 shares during the last quarter. Citigroup Inc. increased its stake in Escalade by 117.6% during the fourth quarter. Citigroup Inc. now owns 2,509 shares of the company’s stock worth $40,000 after acquiring an additional 1,356 shares during the last quarter. Invesco Ltd. increased its stake in Escalade by 10.4% during the third quarter. Invesco Ltd. now owns 20,339 shares of the company’s stock worth $385,000 after acquiring an additional 1,924 shares during the last quarter. Bank of America Corp DE grew its stake in shares of Escalade by 40.2% in the fourth quarter. Bank of America Corp DE now owns 11,526 shares of the company’s stock valued at $182,000 after buying an additional 3,306 shares in the last quarter. Finally, Marshall Wace LLP acquired a new stake in shares of Escalade in the fourth quarter valued at $70,000. Hedge funds and other institutional investors own 28.10% of the company’s stock.
Escalade Company Profile (Get Rating)
Escalade, Incorporated, together with its subsidiaries, manufactures, distributes, imports, and sells sporting goods in North America, Europe, and internationally. The company provides various sporting goods brands in basketball goals, archery, indoor and outdoor game recreation, and fitness products.
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