TheStreet upgraded shares of Flanigan’s Enterprises (NYSEAMERICAN:BDL) from a c rating to a b- rating in a research note published on Friday.

NYSEAMERICAN BDL opened at $24.30 on Friday. Flanigan’s Enterprises has a one year low of $20.20 and a one year high of $30.95.

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Flanigan’s Enterprises (NYSEAMERICAN:BDL) last issued its earnings results on Thursday, February 15th. The company reported $0.33 earnings per share for the quarter. The business had revenue of $28.39 million for the quarter. Flanigan’s Enterprises had a net margin of 4.31% and a return on equity of 11.04%.

The company also recently announced an annual dividend, which was paid on Friday, March 30th. Stockholders of record on Friday, March 16th were issued a $0.25 dividend. This is an increase from Flanigan’s Enterprises’s previous annual dividend of $0.20. The ex-dividend date was Thursday, March 15th. This represents a dividend yield of 1.12%.

A hedge fund recently bought a new stake in Flanigan’s Enterprises stock. Northern Trust Corp bought a new stake in Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 7,072 shares of the company’s stock, valued at approximately $213,000. Northern Trust Corp owned approximately 0.38% of Flanigan’s Enterprises as of its most recent SEC filing.

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About Flanigan’s Enterprises

Flanigan's Enterprises, Inc operates a chain of full-service restaurants and package liquor stores in South Florida. The company operates package liquor stores under the Big Daddy's Liquors name, which offer private label liquors, beer, and wines; and restaurants under the Flanigan's Seafood Bar and Grill service mark that provide alcoholic beverages and full food service.

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