Mobile Mini Inc to Issue Dividend of $0.28 (NASDAQ:MINI)

Mobile Mini Inc (NASDAQ:MINI) declared a dividend on Thursday, October 31st, Fidelity reports. Investors of record on Wednesday, November 13th will be given a dividend of 0.275 per share by the industrial products company on Wednesday, November 27th. The ex-dividend date of this dividend is Tuesday, November 12th.

NASDAQ MINI opened at $38.10 on Friday. The company has a 50 day moving average price of $36.94 and a 200 day moving average price of $33.63. The firm has a market cap of $1.70 billion, a PE ratio of 23.23, a price-to-earnings-growth ratio of 1.45 and a beta of 1.58. The company has a quick ratio of 0.15, a current ratio of 0.16 and a debt-to-equity ratio of 0.39. Mobile Mini has a 52 week low of $29.02 and a 52 week high of $42.99.

Mobile Mini (NASDAQ:MINI) last announced its quarterly earnings results on Thursday, October 31st. The industrial products company reported $0.54 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.49 by $0.05. Mobile Mini had a net margin of 11.23% and a return on equity of 10.31%. The firm had revenue of $153.52 million for the quarter, compared to the consensus estimate of $158.14 million. During the same period in the prior year, the firm posted $0.42 earnings per share. The firm’s quarterly revenue was up 2.5% compared to the same quarter last year. On average, equities research analysts anticipate that Mobile Mini will post 1.91 earnings per share for the current fiscal year.

MINI has been the topic of a number of recent analyst reports. Oppenheimer set a $42.00 price target on shares of Mobile Mini and gave the stock a “buy” rating in a report on Friday, November 1st. BidaskClub downgraded shares of Mobile Mini from a “buy” rating to a “hold” rating in a report on Friday, November 1st. ValuEngine raised shares of Mobile Mini from a “sell” rating to a “hold” rating in a report on Saturday, September 14th. Credit Suisse Group lowered their price target on shares of Mobile Mini from $40.00 to $38.00 and set a “neutral” rating on the stock in a report on Friday, July 26th. Finally, TheStreet raised shares of Mobile Mini from a “c+” rating to a “b” rating in a report on Thursday, October 31st. One investment analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company. Mobile Mini currently has an average rating of “Hold” and an average target price of $43.00.

About Mobile Mini

Mobile Mini, Inc provides portable storage and specialty containment solutions. It operates through three segments: Storage Solutions North America, Storage Solutions United Kingdom, and Tank & Pump Solutions. The company offers various portable storage and office products, including steel storage containers and steel ground level offices serving construction companies, large and small retailers, medical centers, schools, utilities, distributors, the military, hotels, restaurants, entertainment complexes, and households for application in the storage of construction materials and equipment, retail and manufacturing inventory, documents and records, and other goods.

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Dividend History for Mobile Mini (NASDAQ:MINI)

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