News stories about Kimball International (NASDAQ:KBAL) have trended somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research firm identifies positive and negative media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Kimball International earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned headlines about the company an impact score of 47.1537371552109 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Separately, BidaskClub upgraded shares of Kimball International from a “sell” rating to a “hold” rating in a research note on Saturday, August 26th.
Shares of Kimball International (NASDAQ:KBAL) traded up 0.86% during midday trading on Tuesday, hitting $17.52. 17,963 shares of the stock traded hands. The company has a market capitalization of $652.81 million, a PE ratio of 17.70 and a beta of 1.50. Kimball International has a 12-month low of $11.97 and a 12-month high of $18.94. The firm’s 50 day moving average price is $16.63 and its 200 day moving average price is $16.95.
Kimball International (NASDAQ:KBAL) last posted its quarterly earnings results on Wednesday, August 2nd. The company reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.05. Kimball International had a return on equity of 22.09% and a net margin of 5.60%. The business had revenue of $171.98 million for the quarter. Analysts expect that Kimball International will post $0.69 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, October 13th. Investors of record on Monday, September 25th will be paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date is Friday, September 22nd. This is a boost from Kimball International’s previous quarterly dividend of $0.06. Kimball International’s dividend payout ratio is 24.24%.
In related news, CEO Robert F. Schneider sold 31,790 shares of the stock in a transaction on Friday, August 11th. The stock was sold at an average price of $16.05, for a total value of $510,229.50. Following the sale, the chief executive officer now owns 280,621 shares in the company, valued at approximately $4,503,967.05. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 2.30% of the stock is currently owned by corporate insiders.
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Kimball International Company Profile
Kimball International, Inc creates design driven furnishings. The Company sells a portfolio of furniture products and services under three brands, which include Kimball Office, National Office Furniture, and Kimball Hospitality. The Company’s portfolio offers solutions for the workplace, learning, healing, and hospitality environments.
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