Ennis, Inc. (EBF) To Go Ex-Dividend on July 10th

Ennis, Inc. (NYSE:EBF) announced a quarterly dividend on Friday, June 19th. Investors of record on Friday, July 10th will be given a dividend of 0.25 per share by the industrial products company on Monday, August 10th. This represents a c) annualized dividend and a yield of 4.7%. The ex-dividend date of this dividend is Friday, July 10th.

Ennis has raised its dividend payment by an average of 0.0%per year over the last three years.

Ennis Price Performance

NYSE:EBF opened at $21.18 on Wednesday. The firm’s fifty day moving average price is $20.65 and its 200 day moving average price is $20.35. The firm has a market cap of $535.80 million, a price-to-earnings ratio of 12.68 and a beta of 0.27. Ennis has a 1-year low of $16.30 and a 1-year high of $22.36.

Ennis (NYSE:EBF) last released its quarterly earnings data on Monday, June 22nd. The industrial products company reported $0.39 EPS for the quarter, hitting the consensus estimate of $0.39. The business had revenue of $98.61 million for the quarter, compared to analyst estimates of $98.20 million. Ennis had a net margin of 10.84% and a return on equity of 13.89%. During the same period in the previous year, the firm earned $0.38 EPS.

Institutional Investors Weigh In On Ennis

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EBF. MBM Wealth Consultants LLC acquired a new stake in Ennis in the 1st quarter worth approximately $27,000. EverSource Wealth Advisors LLC raised its stake in shares of Ennis by 1,037.3% in the second quarter. EverSource Wealth Advisors LLC now owns 1,524 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 1,390 shares in the last quarter. WealthCollab LLC lifted its holdings in shares of Ennis by 180.9% during the 4th quarter. WealthCollab LLC now owns 1,809 shares of the industrial products company’s stock worth $33,000 after acquiring an additional 1,165 shares during the period. BNP Paribas Financial Markets boosted its holdings in Ennis by 56.8% during the second quarter. BNP Paribas Financial Markets now owns 2,456 shares of the industrial products company’s stock valued at $45,000 after purchasing an additional 890 shares in the last quarter. Finally, Kestra Advisory Services LLC acquired a new stake in Ennis in the 4th quarter valued at $51,000. Hedge funds and other institutional investors own 74.33% of the company’s stock.

Ennis Company Profile

Ennis, Inc (NYSE: EBF) is a provider of print and related products and services designed to meet the needs of businesses and organizations across a variety of industries. Headquartered in Dallas, Texas, Ennis offers business forms, checks, manuals, labels, promotional signage and specialty packaging. The company also delivers e-commerce and software solutions that enable customers to manage orders, customize print jobs and streamline supply-chain processes through its integrated online platform.

Ennis’s core product offerings include continuous business forms, laser checks and security-enhanced documents, as well as graphic communications materials such as brochures, catalogs and direct-mail collateral.