Empire Resources Inc. (ERS) To Go Ex-Dividend on September 28th
Empire Resources Inc. (NASDAQ:ERS) announced a quarterly dividend on Thursday, September 15th. Shareholders of record on Friday, September 30th will be paid a dividend of 0.04 per share on Friday, October 7th. This represents a $0.16 dividend on an annualized basis and a yield of 3.13%. The ex-dividend date of this dividend is Wednesday, September 28th.
Shares of Empire Resources (NASDAQ:ERS) opened at 5.11 on Friday. The stock has a market cap of $43.25 million, a price-to-earnings ratio of 25.81 and a beta of 0.45. The firm has a 50-day moving average price of $4.76 and a 200-day moving average price of $3.90. Empire Resources has a 12 month low of $2.80 and a 12 month high of $5.38.
Empire Resources (NASDAQ:ERS) last posted its quarterly earnings results on Monday, August 15th. The company reported $0.07 EPS for the quarter. Empire Resources had a net margin of 0.53% and a return on equity of 2.85%. The business earned $122.50 million during the quarter, compared to analyst estimates of $134.50 million.
Separately, TheStreet raised Empire Resources from a “sell” rating to a “hold” rating in a research report on Monday, August 29th.
About Empire Resources
Empire Resources, Inc is engaged in the purchase, sale and distribution of semi-finished aluminum and steel products to a range of customer base located in the Americas, Europe, Australia and New Zealand. The Company operates through the sale and distribution of non-ferrous and ferrous metals segment.
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