B&M European Value Retail S.A. (BME) to Issue Dividend of GBX 15 on February 14th

B&M European Value Retail S.A. (LON:BME) declared a dividend on Thursday, January 9th,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, January 16th will be given a dividend of GBX 15 ($0.18) per share on Friday, February 14th. This represents a yield of 4.75%. The ex-dividend date is Thursday, January 16th. This is an increase from B&M European Value Retail’s previous dividend of $5.30. The official announcement can be viewed at this link.

B&M European Value Retail Trading Up 0.1 %

BME stock opened at GBX 321.20 ($3.93) on Tuesday. The company has a market capitalization of £3.21 billion, a price-to-earnings ratio of 892.22 and a beta of 1.05. B&M European Value Retail has a 1-year low of GBX 3.16 ($0.04) and a 1-year high of GBX 572.89 ($7.01). The business has a 50 day simple moving average of GBX 360.45 and a two-hundred day simple moving average of GBX 408.48. The company has a debt-to-equity ratio of 308.86, a current ratio of 1.32 and a quick ratio of 0.38.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. Citigroup decreased their price objective on B&M European Value Retail from GBX 540 ($6.61) to GBX 510 ($6.24) and set a “buy” rating on the stock in a report on Friday, November 22nd. Redburn Atlantic set a 500.00 price objective on B&M European Value Retail and gave the stock a “neutral” rating in a report on Wednesday, September 25th. Barclays set a 570.00 price objective on B&M European Value Retail and gave the stock an “overweight” rating in a report on Friday, October 18th. Royal Bank of Canada assumed coverage on B&M European Value Retail in a report on Monday, November 18th. They set an “outperform” rating and a 500.00 price objective on the stock. Finally, HSBC set a 640.00 price objective on B&M European Value Retail and gave the stock a “buy” rating in a report on Monday, November 18th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and thirteen have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 552.94 ($6.77).

Insider Activity at B&M European Value Retail

In other B&M European Value Retail news, insider Mike Schmidt sold 17,878 shares of the firm’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of GBX 353 ($4.32), for a total value of £63,109.34 ($77,226.31). Also, insider Oliver Tant purchased 12,500 shares of the stock in a transaction on Friday, December 6th. The stock was acquired at an average cost of GBX 361 ($4.42) per share, with a total value of £45,125 ($55,219.04). 4.22% of the stock is owned by corporate insiders.

B&M European Value Retail Company Profile

B&M European Value Retail SA operates general merchandise and grocery stores. The company operates a chain of stores under the B&M, Heron Foods, and B&M Express in the United Kingdom; and stores under the B&M brand in France. It also provides property management services. The company was founded in 1978 and is based in Munsbach, Luxembourg.