Forrester Research Inc. (NASDAQ:FORR) announced a quarterly dividend on Thursday, October 27th. Stockholders of record on Wednesday, December 7th will be given a dividend of 0.18 per share on Wednesday, December 21st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.77%. The ex-dividend date is Monday, December 5th.

Shares of Forrester Research (NASDAQ:FORR) opened at 40.70 on Wednesday. Forrester Research has a 52-week low of $27.05 and a 52-week high of $42.01. The firm has a market capitalization of $741.47 million, a P/E ratio of 53.55 and a beta of 0.50. The stock’s 50 day moving average is $38.40 and its 200-day moving average is $38.58.

Forrester Research (NASDAQ:FORR) last released its quarterly earnings data on Wednesday, October 26th. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.03. The firm had revenue of $77.40 million for the quarter, compared to analyst estimates of $79.99 million. Forrester Research had a net margin of 4.20% and a return on equity of 11.35%. Forrester Research’s quarterly revenue was up 3.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.30 earnings per share. On average, equities analysts forecast that Forrester Research will post $1.22 earnings per share for the current fiscal year.

Dividend History for Forrester Research (NASDAQ:FORR)

In other Forrester Research news, CFO Michael A. Doyle sold 5,000 shares of the company’s stock in a transaction dated Wednesday, November 23rd. The shares were sold at an average price of $41.21, for a total value of $206,050.00. Following the completion of the transaction, the chief financial officer now owns 19,461 shares in the company, valued at approximately $801,987.81. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Scott Chouinard sold 1,243 shares of the company’s stock in a transaction dated Monday, October 31st. The stock was sold at an average price of $36.83, for a total transaction of $45,779.69. Following the completion of the transaction, the insider now owns 2,822 shares of the company’s stock, valued at approximately $103,934.26. The disclosure for this sale can be found here. 46.60% of the stock is currently owned by company insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. BlackRock Fund Advisors boosted its position in Forrester Research by 2.8% in the second quarter. BlackRock Fund Advisors now owns 664,422 shares of the company’s stock valued at $24,491,000 after buying an additional 17,923 shares during the period. BlackRock Institutional Trust Company N.A. boosted its position in Forrester Research by 0.9% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 266,456 shares of the company’s stock valued at $10,365,000 after buying an additional 2,357 shares during the period. Massachusetts Financial Services Co. MA boosted its position in Forrester Research by 4.0% in the second quarter. Massachusetts Financial Services Co. MA now owns 209,489 shares of the company’s stock valued at $7,722,000 after buying an additional 7,977 shares during the period. Northern Trust Corp boosted its position in Forrester Research by 0.4% in the third quarter. Northern Trust Corp now owns 139,927 shares of the company’s stock valued at $5,444,000 after buying an additional 616 shares during the period. Finally, Morgan Stanley boosted its position in Forrester Research by 39.0% in the third quarter. Morgan Stanley now owns 107,585 shares of the company’s stock valued at $4,185,000 after buying an additional 30,171 shares during the period. Hedge funds and other institutional investors own 53.48% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “Forrester Research Inc. (FORR) To Go Ex-Dividend on December 5th” was first posted by Daily Political and is the sole property of of Daily Political. If you are accessing this report on another site, it was copied illegally and republished in violation of U.S. and international copyright laws. The legal version of this report can be accessed at http://www.dailypolitical.com/2016/11/29/forrester-research-inc-forr-to-go-ex-dividend-on-december-5th.html.

Several research firms recently weighed in on FORR. Zacks Investment Research lowered shares of Forrester Research from a “buy” rating to a “hold” rating in a research note on Tuesday, October 4th. Sidoti upgraded shares of Forrester Research from a “neutral” rating to a “buy” rating in a research note on Monday, October 31st.

About Forrester Research

Forrester Research, Inc (Forrester) is a global independent research, data, and advisory services firm. The Company offers research, data, advisory and related services that are thematic, prescriptive, and executable, and that provide a perspective on the changing business environment. Its segments include Research, Product and Project Consulting.

5 Day Chart for NASDAQ:FORR

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