Dunelm Group (LON:DNLM) Reaches New 52-Week Low at $963.50

Dunelm Group plc (LON:DNLM)’s share price hit a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 963.50 ($11.99) and last traded at GBX 965.50 ($12.02), with a volume of 625222 shares traded. The stock had previously closed at GBX 995.50 ($12.39).

Analysts Set New Price Targets

Several research analysts have issued reports on DNLM shares. Jefferies Financial Group reissued a “hold” rating and set a GBX 1,200 ($14.94) price objective on shares of Dunelm Group in a research report on Thursday. Berenberg Bank reissued a “buy” rating and set a GBX 1,410 ($17.55) price objective on shares of Dunelm Group in a research report on Thursday. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of GBX 1,207.50 ($15.03).

Dunelm Group Trading Down 2.0 %

The firm has a market cap of £1.97 billion, a PE ratio of 1,348.63, a P/E/G ratio of -10.32 and a beta of 1.09. The company’s fifty day moving average price is GBX 1,108.39 and its two-hundred day moving average price is GBX 1,077.65. The company has a quick ratio of 0.16, a current ratio of 1.06 and a debt-to-equity ratio of 169.49.

Dunelm Group Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, April 9th. Investors of record on Thursday, March 14th were issued a dividend of GBX 51 ($0.63) per share. The ex-dividend date of this dividend was Thursday, March 14th. This represents a yield of 4.7%. This is an increase from Dunelm Group’s previous dividend of $27.00. Dunelm Group’s payout ratio is currently 5,890.41%.

Dunelm Group Company Profile

Dunelm Group plc retails homewares in the United Kingdom. The company offers furniture and beds products, which include bedroom, living room, dining room, and other furniture, as well as bed and mattresses, and sofas and armchairs; bedding products comprising bed linen, dorma, baby and kid's bedding, and duvets, pillows, and protectors; curtains and rugs; and venetian, roller, roman, vertical, and made to measure blinds.