Forrester Research (FORR) to Issue Quarterly Dividend of $0.20
Forrester Research (NASDAQ:FORR) declared a quarterly dividend on Friday, April 27th, Wall Street Journal reports. Shareholders of record on Wednesday, June 13th will be given a dividend of 0.20 per share by the technology company on Wednesday, June 27th. This represents a $0.80 annualized dividend and a yield of 1.95%. The ex-dividend date of this dividend is Tuesday, June 12th.
FORR stock opened at $40.95 on Friday. The stock has a market cap of $828.42, a price-to-earnings ratio of 49.34, a price-to-earnings-growth ratio of 3.60 and a beta of 0.36. Forrester Research has a 1-year low of $36.95 and a 1-year high of $47.75.
Forrester Research (NASDAQ:FORR) last posted its earnings results on Thursday, April 26th. The technology company reported ($0.01) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.06 by ($0.07). The business had revenue of $77.75 million for the quarter, compared to the consensus estimate of $78.51 million. Forrester Research had a return on equity of 11.28% and a net margin of 4.48%. equities analysts predict that Forrester Research will post 1.06 EPS for the current year.
Several research analysts have weighed in on the company. BidaskClub lowered Forrester Research from a “buy” rating to a “hold” rating in a report on Friday, March 30th. Barrington Research reiterated a “hold” rating on shares of Forrester Research in a report on Friday.
Forrester Research Company Profile
Forrester Research, Inc operates as an independent research, data, and advisory services company. It operates through Research, Product, and Project Consulting segments. Its primary syndicated research product is Research, which offers clients with access to its syndicated research designed to inform their strategic decision-making.
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