Mobile Mini Inc (NASDAQ:MINI) announced a quarterly dividend on Friday, February 2nd, RTT News reports. Investors of record on Wednesday, February 28th will be given a dividend of 0.25 per share by the industrial products company on Wednesday, March 14th. This represents a $1.00 annualized dividend and a dividend yield of 2.35%. The ex-dividend date of this dividend is Tuesday, February 27th. This is a positive change from Mobile Mini’s previous quarterly dividend of $0.23.
Shares of Mobile Mini (MINI) opened at $42.55 on Thursday. The company has a current ratio of 0.19, a quick ratio of 0.17 and a debt-to-equity ratio of 0.35. Mobile Mini has a 12-month low of $26.70 and a 12-month high of $46.10. The company has a market capitalization of $1,903.54, a price-to-earnings ratio of 15.47, a P/E/G ratio of 1.85 and a beta of 2.29.
Mobile Mini (NASDAQ:MINI) last released its quarterly earnings data on Friday, February 2nd. The industrial products company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.36 by $0.05. Mobile Mini had a return on equity of 6.49% and a net margin of 22.91%. The company had revenue of $146.70 million for the quarter, compared to analysts’ expectations of $140.60 million. During the same period last year, the firm posted $0.48 earnings per share. Mobile Mini’s revenue was up 11.5% compared to the same quarter last year. research analysts predict that Mobile Mini will post 1.65 EPS for the current fiscal year.
In other Mobile Mini news, Director Stephen A. Mcconnell sold 4,000 shares of the firm’s stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $36.10, for a total value of $144,400.00. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 6.50% of the company’s stock.
Several research firms recently commented on MINI. Oppenheimer increased their price objective on Mobile Mini from $36.00 to $45.00 and gave the company an “outperform” rating in a research report on Tuesday, February 6th. SunTrust Banks increased their price objective on Mobile Mini to $44.00 and gave the company a “hold” rating in a research report on Monday, February 5th. They noted that the move was a valuation call. Zacks Investment Research raised Mobile Mini from a “hold” rating to a “buy” rating and set a $49.00 price objective on the stock in a research report on Thursday, February 8th. Robert W. Baird set a $46.00 price objective on Mobile Mini and gave the company a “hold” rating in a research report on Monday, February 5th. Finally, BidaskClub raised Mobile Mini from a “hold” rating to a “buy” rating in a research report on Wednesday, February 7th. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $45.71.
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About Mobile Mini
Mobile Mini, Inc is a provider of portable storage solutions. The Company, through its subsidiary, Evergreen Tank Solutions, Inc (ETS), is a provider of specialty containment solutions in the United States. The Company manages its business as two portable storage solutions business segments, North America and the U.K., and one specialty containment business segment.
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