Bob Evans Farms Inc. (NASDAQ:BOBE) declared a quarterly dividend on Tuesday, November 29th. Investors of record on Monday, December 12th will be paid a dividend of 0.34 per share on Friday, December 23rd. This represents a $1.36 annualized dividend and a yield of 3.06%.

Bob Evans Farms (NASDAQ:BOBE) opened at 44.51 on Wednesday. The company’s 50-day moving average is $41.70 and its 200 day moving average is $40.07. Bob Evans Farms has a 12 month low of $35.63 and a 12 month high of $48.24. The firm has a market cap of $879.78 million, a P/E ratio of 31.72 and a beta of 0.39.

Bob Evans Farms (NASDAQ:BOBE) last announced its quarterly earnings results on Wednesday, August 31st. The company reported $0.48 EPS for the quarter, beating the Zacks’ consensus estimate of $0.44 by $0.04. Bob Evans Farms had a return on equity of 17.38% and a net margin of 2.20%. The firm had revenue of $306.30 million for the quarter, compared to analyst estimates of $310.89 million. During the same period last year, the firm posted $0.51 earnings per share. The business’s revenue for the quarter was down 4.8% on a year-over-year basis. Equities research analysts expect that Bob Evans Farms will post $2.11 EPS for the current fiscal year.

Dividend History for Bob Evans Farms (NASDAQ:BOBE)

BOBE has been the topic of a number of recent research reports. Zacks Investment Research raised Bob Evans Farms from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 16th. TheStreet raised Bob Evans Farms from a “hold” rating to a “buy” rating in a research note on Friday, November 25th. Finally, Maxim Group cut their price objective on Bob Evans Farms from $59.00 to $55.00 and set a “buy” rating on the stock in a research note on Monday, August 8th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $50.20.

A number of institutional investors have recently modified their holdings of the stock. Invictus RG acquired a new position in shares of Bob Evans Farms during the second quarter valued at about $154,000. Jefferies Group LLC acquired a new position in shares of Bob Evans Farms during the second quarter valued at about $216,000. Clinton Group Inc. acquired a new position in shares of Bob Evans Farms during the second quarter valued at about $245,000. Advisor Group Inc. acquired a new position in shares of Bob Evans Farms during the second quarter valued at about $257,000. Finally, Thrivent Financial for Lutherans raised its position in shares of Bob Evans Farms by 6.8% in the second quarter. Thrivent Financial for Lutherans now owns 9,690 shares of the company’s stock valued at $368,000 after buying an additional 620 shares during the period. 79.17% of the stock is currently owned by hedge funds and other institutional investors.

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Bob Evans Farms Company Profile

Bob Evans Farms, Inc (Bob Evans) is a full-service restaurant company. The Company produces and distributes pork sausage products and a range of home-style refrigerated side dishes and frozen food items under the Bob Evans, Owens and Country Creek brand names. These food products are distributed to customers throughout the United States.

5 Day Chart for NASDAQ:BOBE

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