Tailored Brands Inc (NYSE:TLRD) declared a quarterly dividend on Thursday, September 14th, RTT News reports. Shareholders of record on Tuesday, December 12th will be given a dividend of 0.18 per share on Friday, December 22nd. This represents a $0.72 dividend on an annualized basis and a yield of 4.26%. The ex-dividend date is Monday, December 11th.

Tailored Brands has a dividend payout ratio of 39.1% indicating that its dividend is sufficiently covered by earnings. Analysts expect Tailored Brands to earn $1.95 per share next year, which means the company should continue to be able to cover its $0.72 annual dividend with an expected future payout ratio of 36.9%.

Tailored Brands (TLRD) opened at $16.91 on Wednesday. Tailored Brands has a 1 year low of $9.40 and a 1 year high of $28.76. The company has a debt-to-equity ratio of -32.83, a quick ratio of 0.56 and a current ratio of 2.74. The company has a market cap of $837.31, a P/E ratio of 8.96, a price-to-earnings-growth ratio of 0.56 and a beta of 1.90.

Tailored Brands (NYSE:TLRD) last posted its earnings results on Thursday, September 7th. The company reported $1.14 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.88 by $0.26. Tailored Brands had a net margin of 1.79% and a negative return on equity of 108.13%. The firm had revenue of $851.00 million for the quarter, compared to analysts’ expectations of $868.22 million. During the same quarter last year, the firm earned $0.99 EPS. The company’s quarterly revenue was down 6.5% compared to the same quarter last year. sell-side analysts forecast that Tailored Brands will post 1.84 earnings per share for the current year.

A number of research firms recently commented on TLRD. ValuEngine raised shares of Tailored Brands from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. BidaskClub cut shares of Tailored Brands from a “buy” rating to a “hold” rating in a report on Thursday, September 21st. FBR & Co reaffirmed a “buy” rating and issued a $16.00 price target on shares of Tailored Brands in a report on Tuesday, September 5th. Zacks Investment Research cut shares of Tailored Brands from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 13th. Finally, B. Riley reaffirmed a “buy” rating on shares of Tailored Brands in a report on Wednesday, November 1st. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Tailored Brands presently has a consensus rating of “Buy” and a consensus price target of $17.71.

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Tailored Brands Company Profile

Tailored Brands, Inc is a holding company of The Men’s Wearhouse, Inc The Company is a specialty apparel retailer offering suits, suit separates, sport coats, slacks, business casual, sportswear, outerwear, dress shirts, shoes and accessories for men and tuxedo and suit rental product. It operates through two segments: Retail and Corporate Apparel.

Dividend History for Tailored Brands (NYSE:TLRD)

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