Build-A-Bear Workshop, Inc. (NYSE:BBW) Announces $0.22 Quarterly Dividend

Build-A-Bear Workshop, Inc. (NYSE:BBW) declared a quarterly dividend on Wednesday, November 12th. Stockholders of record on Wednesday, November 26th will be paid a dividend of 0.22 per share by the specialty retailer on Thursday, January 8th. This represents a c) annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Wednesday, November 26th.

Build-A-Bear Workshop has a payout ratio of 20.6% meaning its dividend is sufficiently covered by earnings. Research 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 Price Performance

BBW stock opened at $49.58 on Thursday. The business has a fifty day moving average price of $61.71 and a 200 day moving average price of $53.70. Build-A-Bear Workshop has a fifty-two week low of $32.55 and a fifty-two week high of $75.85. The stock has a market capitalization of $650.80 million, a price-to-earnings ratio of 11.12 and a beta of 0.88.

Build-A-Bear Workshop (NYSE:BBW) last announced its earnings results on Thursday, March 27th. The specialty retailer reported $1.59 earnings per share for the quarter. Build-A-Bear Workshop had a return on equity of 41.14% and a net margin of 11.34%.The company had revenue of $150.45 million during the quarter. On average, equities analysts expect that Build-A-Bear Workshop will post 3.71 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have commented on BBW shares. Wall Street Zen lowered Build-A-Bear Workshop from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 23rd. Northland Securities raised their target price on shares of Build-A-Bear Workshop from $60.00 to $80.00 and gave the company an “outperform” rating in a research note on Friday, August 29th. Zacks Research lowered shares of Build-A-Bear Workshop from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. DA Davidson upped their target price on shares of Build-A-Bear Workshop from $64.00 to $85.00 and gave the company a “buy” rating in a research report on Friday, August 29th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Build-A-Bear Workshop in a report on Wednesday, October 8th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $68.00.

Build-A-Bear Workshop Company Profile

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.