Ennis (NYSE:EBF) Issues Earnings Results, Misses Expectations By $0.02 EPS

Ennis (NYSE:EBF) issued its earnings results on Monday. The industrial products company reported $0.35 EPS for the quarter, missing the consensus estimate of $0.37 by ($0.02), Zacks reports. Ennis had a return on equity of 12.16% and a net margin of 10.35%.

Ennis Stock Performance

Shares of EBF stock opened at $18.70 on Monday. Ennis has a 52-week low of $18.03 and a 52-week high of $25.75. The business’s fifty day moving average is $20.32 and its 200 day moving average is $20.85. The company has a market capitalization of $486.50 million, a PE ratio of 11.76 and a beta of 0.40.

Ennis Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, May 5th. Stockholders of record on Monday, April 14th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Monday, April 14th. This represents a $1.00 annualized dividend and a dividend yield of 5.35%. Ennis’s payout ratio is currently 62.89%.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Ennis from a “buy” rating to a “strong-buy” rating in a report on Friday, February 21st.

About Ennis

Ennis, Inc manufactures and sells business forms and other business products in the United States. The company offers snap sets, continuous forms, laser cut sheets, tags, labels, envelopes, integrated products, jumbo rolls, and pressure sensitive products under the Ennis, Royal Business Forms, Block Graphics, 360º Custom Labels, ColorWorx, Enfusion, Uncompromised Check Solutions, VersaSeal, Ad Concepts, FormSource Limited, Star Award Ribbon Company, Witt Printing, B&D Litho, Genforms, PrintGraphics, Calibrated Forms, PrintXcel, Printegra, Forms Manufacturers, Mutual Graphics, TRI-C Business Forms, Major Business Systems, Independent Printing, Hoosier Data Forms, Hayes Graphics, Wright Business Graphics, Wright 360, Integrated Print & Graphics, the Flesh Company, Impressions Direct, and AmeriPrint brands.