Build-A-Bear Workshop, Inc. (BBW) to Issue Quarterly Dividend of $0.22 on April 10th

Build-A-Bear Workshop, Inc. (NYSE:BBW) announced a quarterly dividend on Wednesday, March 12th, RTT News reports. Investors of record on Thursday, March 27th will be given a dividend of 0.22 per share by the specialty retailer on Thursday, April 10th. This represents a $0.88 dividend on an annualized basis and a yield of 2.26%. The ex-dividend date is Thursday, March 27th. This is a 10.0% increase from Build-A-Bear Workshop’s previous quarterly dividend of $0.20.

Build-A-Bear Workshop has a payout ratio of 20.6% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Build-A-Bear Workshop to earn $3.88 per share next year, which means the company should continue to be able to cover its $0.88 annual dividend with an expected future payout ratio of 22.7%.

Build-A-Bear Workshop Stock Performance

BBW stock opened at $38.86 on Tuesday. The company has a market capitalization of $522.22 million, a PE ratio of 10.33 and a beta of 1.50. Build-A-Bear Workshop has a one year low of $23.63 and a one year high of $48.23. The company’s 50 day moving average price is $39.31 and its two-hundred day moving average price is $38.54.

Build-A-Bear Workshop (NYSE:BBW) last released its earnings results on Thursday, March 13th. The specialty retailer reported $1.59 EPS for the quarter, beating the consensus estimate of $1.52 by $0.07. The company had revenue of $150.45 million for the quarter, compared to analyst estimates of $147.53 million. Build-A-Bear Workshop had a net margin of 10.58% and a return on equity of 38.35%. On average, research analysts predict that Build-A-Bear Workshop will post 3.71 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on BBW shares. DA Davidson restated a “buy” rating and set a $50.00 target price on shares of Build-A-Bear Workshop in a report on Friday, March 14th. Northland Securities increased their price objective on Build-A-Bear Workshop from $38.00 to $55.00 and gave the company an “outperform” rating in a research note on Friday, December 6th. Finally, StockNews.com downgraded shares of Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a research note on Friday.

Insider Transactions at Build-A-Bear Workshop

In other news, CFO Vojin Todorovic sold 5,000 shares of Build-A-Bear Workshop stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $40.08, for a total value of $200,400.00. Following the sale, the chief financial officer now directly owns 70,695 shares in the company, valued at approximately $2,833,455.60. This trade represents a 6.61 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Sharon Price John sold 68,859 shares of the company’s stock in a transaction that occurred on Tuesday, January 7th. The shares were sold at an average price of $46.06, for a total value of $3,171,645.54. Following the transaction, the chief executive officer now owns 347,820 shares of the company’s stock, valued at approximately $16,020,589.20. This represents a 16.53 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 161,666 shares of company stock worth $7,010,081. Company insiders own 7.90% of the company’s stock.

About Build-A-Bear Workshop

Build-A-Bear Workshop, Inc operates as a multi-channel retailer of plush animals and related products in the United States, Canada, the United Kingdom, Ireland, and internationally. The company operates through three segments: Direct-to-Consumer, Commercial, and International Franchising. Its merchandise comprises various styles of plush products to be stuffed, pre-stuffed plush products, and sounds and scents that can be added to the stuffed animals, as well as range of clothing, shoes and accessories, and other toy and novelty items, including family sleepwear.