Emerald Holding, Inc. (EEX) To Go Ex-Dividend on March 10th

Emerald Holding, Inc. (NYSE:EEX) declared a quarterly dividend on Tuesday, February 25th, Wall Street Journal reports. Investors of record on Monday, March 10th will be given a dividend of 0.015 per share on Thursday, March 20th. This represents a $0.06 dividend on an annualized basis and a dividend yield of 1.44%. The ex-dividend date of this dividend is Monday, March 10th.

Emerald has a payout ratio of 24.0% meaning its dividend is sufficiently covered by earnings.

Emerald Stock Performance

NYSE EEX traded up $0.03 on Thursday, reaching $4.16. 112,267 shares of the stock were exchanged, compared to its average volume of 145,910. Emerald has a one year low of $3.92 and a one year high of $7.05. The firm has a market capitalization of $843.40 million, a PE ratio of -7.69 and a beta of 1.43. The company’s 50-day simple moving average is $4.57 and its two-hundred day simple moving average is $4.74. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 1.02.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the stock. Maxim Group decreased their target price on shares of Emerald from $11.00 to $8.00 and set a “buy” rating on the stock in a research note on Thursday, October 31st. Rosenblatt Securities decreased their target price on shares of Emerald from $8.40 to $7.80 and set a “buy” rating on the stock in a research note on Thursday, October 31st.

About Emerald

Emerald Holding, Inc operates business-to-business (B2B) trade shows in the United States. The company provides B2B trade show franchises; and B2B print publications and digital media products, which provide industry specific business news and information across various sectors. It also offers B2B e-commerce and digital merchandising solutions to manufacturers and retailers through Elastic Suite and Bulletin platforms.