Winmark Co. (WINA) To Go Ex-Dividend on August 14th

Winmark Co. (NASDAQ:WINA) declared a quarterly dividend on Wednesday, July 17th, Wall Street Journal reports. Stockholders of record on Wednesday, August 14th will be paid a dividend of 0.90 per share by the specialty retailer on Tuesday, September 3rd. This represents a $3.60 annualized dividend and a dividend yield of 1.00%. The ex-dividend date of this dividend is Wednesday, August 14th.

Winmark has increased its dividend payment by an average of 57.1% annually over the last three years. Winmark has a dividend payout ratio of 29.8% meaning its dividend is sufficiently covered by earnings.

Winmark Stock Performance

Shares of WINA opened at $361.06 on Monday. The stock has a 50-day simple moving average of $367.17 and a 200-day simple moving average of $364.44. The stock has a market capitalization of $1.26 billion, a PE ratio of 32.97 and a beta of 0.81. Winmark has a 1 year low of $330.25 and a 1 year high of $451.30.

Winmark (NASDAQ:WINA) last issued its earnings results on Wednesday, July 17th. The specialty retailer reported $2.85 earnings per share for the quarter, topping the consensus estimate of $2.77 by $0.08. Winmark had a negative return on equity of 85.12% and a net margin of 48.57%. The business had revenue of $20.12 million for the quarter.

Analysts Set New Price Targets

Separately, Maxim Group assumed coverage on Winmark in a research report on Thursday, June 13th. They set a “buy” rating and a $445.00 target price on the stock.

Insider Transactions at Winmark

In other news, Director Lawrence A. Barbetta sold 583 shares of the firm’s stock in a transaction dated Friday, July 26th. The stock was sold at an average price of $405.09, for a total transaction of $236,167.47. Following the sale, the director now owns 7,058 shares of the company’s stock, valued at approximately $2,859,125.22. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Winmark news, Director Lawrence A. Barbetta sold 124 shares of Winmark stock in a transaction that occurred on Monday, July 29th. The stock was sold at an average price of $403.34, for a total transaction of $50,014.16. Following the transaction, the director now owns 6,934 shares of the company’s stock, valued at $2,796,759.56. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Lawrence A. Barbetta sold 583 shares of Winmark stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $405.09, for a total value of $236,167.47. Following the transaction, the director now directly owns 7,058 shares in the company, valued at approximately $2,859,125.22. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 3,119 shares of company stock valued at $1,239,645. Corporate insiders own 10.60% of the company’s stock.

Winmark Company Profile

Winmark Corporation, a resale company operates as a franchisor for small business in the United States and Canada. The company franchises retail stores concepts that buy, sell and trade merchandise. It also operates middle-market equipment leasing business. In addition, the company buys and sells used clothing and accessories geared toward the teenage and young adult market under Plato's Closet brand; and operates stores which buys and sells used and new children's clothing, toys, furniture, equipment, and accessories primarily to parents of children ages infant to 12 years under the Once Upon A Child brand.