Escalade, Incorporated (NASDAQ:ESCA) Plans $0.15 Quarterly Dividend

Escalade, Incorporated (NASDAQ:ESCAGet Free Report) declared a quarterly dividend on Thursday, July 30th. Stockholders of record on Tuesday, October 6th will be paid a dividend of 0.1525 per share on Tuesday, October 13th. This represents a c) annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Tuesday, October 6th.

Escalade has raised its dividend payment by an average of 0.0%per year over the last three years.

Escalade Stock Up 6.3%

Shares of ESCA traded up $1.24 during trading hours on Thursday, hitting $20.88. The company had a trading volume of 59,158 shares, compared to its average volume of 33,796. The business has a fifty day moving average of $18.68 and a 200-day moving average of $17.19. The firm has a market cap of $288.25 million, a price-to-earnings ratio of 18.64 and a beta of 0.59. Escalade has a 12 month low of $11.41 and a 12 month high of $21.32.

Escalade (NASDAQ:ESCAGet Free Report) last announced its earnings results on Thursday, July 30th. The company reported $0.68 EPS for the quarter, topping the consensus estimate of $0.16 by $0.52. Escalade had a net margin of 6.43% and a return on equity of 8.97%. On average, equities analysts expect that Escalade will post 1.08 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have issued reports on ESCA. Wall Street Zen upgraded shares of Escalade from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, April 14th. Weiss Ratings raised Escalade from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, July 24th. Finally, Zacks Research lowered Escalade from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 4th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

View Our Latest Stock Report on ESCA

About Escalade

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Escalade, Inc is a U.S.-based manufacturer and distributor of recreational equipment and specialty products for both consumer and commercial markets. Headquartered in Evansville, Indiana, the company operates through two principal business segments: Sporting Goods and Commercial Products. The Sporting Goods segment encompasses a diverse range of products such as hockey and lacrosse goal assemblies, fitness accessories, archery and hunting gear, and table tennis equipment. The Commercial Products segment focuses on seating solutions for restaurants, hospitality venues and other public spaces under the Top Seat brand, as well as storage, display products and industrial carts.

Within Sporting Goods, Escalade markets its products under proprietary brands including Bear® Archery, Gene St.

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Dividend History for Escalade (NASDAQ:ESCA)

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