Jersey Mike’s (NYSE:JMKE – Get Free Report) declared a special dividend on Monday, October 26th. Investors of record on Thursday, November 5th will be given a dividend of $0.35 per share on Thursday, November 19th. The ex-dividend date of this dividend is Thursday, November 5th.
Jersey Mike’s Trading Up 3.0%
Shares of NYSE JMKE opened at $18.85 on Tuesday. Jersey Mike’s has a fifty-two week low of $15.96 and a fifty-two week high of $24.99. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.82 and a quick ratio of 1.82. The company has a fifty day moving average of $18.92.
Jersey Mike’s (NYSE:JMKE – Get Free Report) last issued its quarterly earnings data on Wednesday, October 28th. The company reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.07. The company had revenue of $209.00 million for the quarter. The business’s revenue was up 10.0% on a year-over-year basis. As a group, sell-side analysts forecast that Jersey Mike’s will post 0.65 earnings per share for the current fiscal year.
About Jersey Mike’s
Jersey Mike’s, commonly known as Jersey Mike’s Subs, is a fast-casual restaurant company focused on submarine sandwiches and related food offerings. Its menu includes hot and cold subs, wraps, salads, beverages and desserts, with catering services also available at many locations.
The business operates primarily through a franchise-based model under the Jersey Mike’s Subs brand. Restaurants are known for preparing sandwiches to order, including sliced meats and cheeses, fresh vegetables and the company’s signature “Mike’s Way” preparation.
Jersey Mike’s traces its roots to 1956, when the original submarine shop opened in Point Pleasant, New Jersey.
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