PICO Holdings Inc. (PICO) Plans Special Dividend of $5.00

PICO Holdings Inc. (NASDAQ:PICO) declared a special dividend on Thursday, October 26th, RTT News reports. Stockholders of record on Monday, November 6th will be given a dividend of 5.00 per share by the financial services provider on Monday, November 20th.

PICO Holdings (PICO) traded down 0.27% during trading on Thursday, hitting $18.20. 73,671 shares of the stock were exchanged. The stock’s 50-day moving average price is $17.42 and its 200-day moving average price is $16.83. The firm’s market cap is $421.09 million. PICO Holdings has a 12-month low of $11.91 and a 12-month high of $18.65.

PICO Holdings (NASDAQ:PICO) last announced its earnings results on Wednesday, August 9th. The financial services provider reported $0.06 EPS for the quarter. PICO Holdings had a negative net margin of 2.23% and a negative return on equity of 0.68%. The company had revenue of $8.63 million during the quarter. On average, equities analysts expect that PICO Holdings will post ($1.45) EPS for the current year.

COPYRIGHT VIOLATION NOTICE: This report was posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this report on another website, it was illegally stolen and republished in violation of international copyright laws. The correct version of this report can be read at https://www.dispatchtribunal.com/2017/10/26/pico-holdings-inc-pico-plans-special-dividend-of-5-00.html.

Several brokerages have commented on PICO. ValuEngine cut shares of PICO Holdings from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. BidaskClub upgraded shares of PICO Holdings from a “strong sell” rating to a “sell” rating in a report on Saturday, August 12th.

PICO Holdings Company Profile

PICO Holdings, Inc (PICO) is a holding company. The Company’s segments include Water Resource and Water Storage Operations; Real Estate Operations, and Corporate. Its subsidiary, Vidler Water Company, Inc (Vidler), owns water resources and water storage operations in the southwestern United States, with assets and operations in Nevada, Arizona, Colorado and New Mexico.

Receive News & Ratings for PICO Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PICO Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply