News coverage about Lifetime Brands (NASDAQ:LCUT) has been trending positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Lifetime Brands earned a news sentiment score of 0.28 on Accern’s scale. Accern also gave news headlines about the company an impact score of 45.5717627684159 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news headlines that may have effected Accern Sentiment’s analysis:
- Lifetime Brands to Present at Sidoti Spring Conference on March 29, 2018 (finance.yahoo.com)
- Edited Transcript of LCUT earnings conference call or presentation 15-Mar-18 3:00pm GMT (finance.yahoo.com)
- TheStreet Lowers Lifetime Brands (LCUT) to C (americanbankingnews.com)
- Lifetime Brands Inc Plans Quarterly Dividend of $0.04 (LCUT) (americanbankingnews.com)
- Lifetime Brands (LCUT) Posts Earnings Results, Misses Expectations By $0.32 EPS (americanbankingnews.com)
LCUT has been the topic of a number of research reports. TheStreet lowered Lifetime Brands from a “b-” rating to a “c” rating in a report on Thursday, March 15th. BidaskClub upgraded shares of Lifetime Brands from a “sell” rating to a “hold” rating in a report on Friday, January 5th.
Lifetime Brands (NASDAQ:LCUT) last released its earnings results on Thursday, March 15th. The company reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.32). The firm had revenue of $182.77 million during the quarter. Lifetime Brands had a net margin of 0.37% and a return on equity of 5.02%.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 15th. Shareholders of record on Tuesday, May 1st will be given a $0.0425 dividend. This represents a $0.17 annualized dividend and a yield of 1.33%. The ex-dividend date of this dividend is Monday, April 30th. Lifetime Brands’s dividend payout ratio is currently 121.43%.
In related news, Director Craig Phillips sold 4,162 shares of the company’s stock in a transaction that occurred on Wednesday, January 10th. The stock was sold at an average price of $17.85, for a total value of $74,291.70. Following the completion of the transaction, the director now directly owns 641,194 shares of the company’s stock, valued at $11,445,312.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 21.25% of the company’s stock.
COPYRIGHT VIOLATION NOTICE: This piece of content was posted by BBNS and is the sole property of of BBNS. If you are viewing this piece of content on another website, it was copied illegally and reposted in violation of U.S. and international trademark & copyright law. The correct version of this piece of content can be accessed at https://baseballnewssource.com/2018/03/22/lifetime-brands-lcut-getting-favorable-news-coverage-report-finds/1925011.html.
Lifetime Brands Company Profile
Lifetime Brands, Inc designs, sources and sells branded kitchenware, tableware and other products used in the home. The Company operates through three segments: U.S. Wholesale, International and Retail Direct. In the U.S. Wholesale segment, the Company designs, markets and distributes its products to retailers and distributors.
Receive News & Ratings for Lifetime Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lifetime Brands and related companies with MarketBeat.com's FREE daily email newsletter.