Build-A-Bear Workshop, Inc. (NYSE:BBW) Shareholders to Collect $0.23 Quarterly Dividend

Build-A-Bear Workshop, Inc. (NYSE:BBW) announced a quarterly dividend on Wednesday, November 11th. Shareholders of record on Wednesday, November 25th will be paid a dividend of $0.23 per share by the specialty retailer on Thursday, January 7th. This represents a $0.92 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date is Wednesday, November 25th.

Build-A-Bear Workshop has a dividend payout ratio of 21.5% indicating that its dividend is sufficiently covered by earnings. Analysts expect Build-A-Bear Workshop to earn $3.76 per share next year, which means the company should continue to be able to cover its $0.92 annual dividend with an expected future payout ratio of 24.5%.

Build-A-Bear Workshop Price Performance

BBW stock opened at $28.84 on Thursday. The company has a market capitalization of $355.32 million, a price-to-earnings ratio of 7.16 and a beta of 1.11. The business has a 50 day simple moving average of $26.61 and a two-hundred day simple moving average of $36.14. Build-A-Bear Workshop has a 1-year low of $23.19 and a 1-year high of $72.19.

Build-A-Bear Workshop (NYSE:BBW) last issued its earnings results on Thursday, August 27th. The specialty retailer reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.64 by $0.06. Build-A-Bear Workshop had a return on equity of 29.66% and a net margin of 9.96%. The firm had revenue of $115.29 million for the quarter, compared to analysts’ expectations of $120.81 million. Sell-side analysts anticipate that Build-A-Bear Workshop will post 3.57 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

BBW has been the topic of a number of analyst reports. Zacks Research upgraded shares of Build-A-Bear Workshop from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 27th. DA Davidson cut their target price on Build-A-Bear Workshop from $60.00 to $37.00 and set a “buy” rating on the stock in a research note on Friday, August 28th. Finally, Weiss Ratings lowered Build-A-Bear Workshop from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, September 11th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Build-A-Bear Workshop currently has a consensus rating of “Moderate Buy” and an average price target of $53.50.

Build-A-Bear Workshop Company Profile

Build-A-Bear Workshop, Inc. is a specialty retailer known for its interactive, make-your-own stuffed-animal experience. Customers can choose a plush animal, add clothing and accessories, and personalize it with features such as sounds and scents. The company also sells plush toys, apparel, accessories, and related products through its stores and e-commerce channels. Its business includes company-operated locations as well as stores operated by franchisees and other partners. Founded in 1997, Build-A-Bear Workshop serves customers in the United States and international markets.