Bed Bath & Beyond Inc. (NASDAQ:BBBY) announced a quarterly dividend on Wednesday, December 20th, RTT News reports. Shareholders of record on Friday, March 16th will be given a dividend of 0.15 per share by the retailer on Tuesday, April 17th. This represents a $0.60 dividend on an annualized basis and a yield of 2.50%.

Shares of Bed Bath & Beyond (BBBY) traded up $0.36 during trading hours on Wednesday, hitting $23.97. The stock had a trading volume of 5,732,100 shares, compared to its average volume of 3,422,796. Bed Bath & Beyond has a 1 year low of $19.07 and a 1 year high of $47.05. The stock has a market capitalization of $3,430.00, a PE ratio of 5.87 and a beta of 1.10. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.33 and a current ratio of 1.77.

Bed Bath & Beyond (NASDAQ:BBBY) last announced its quarterly earnings results on Wednesday, December 20th. The retailer reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.07. The company had revenue of $2.95 billion during the quarter, compared to analysts’ expectations of $2.90 billion. Bed Bath & Beyond had a return on equity of 21.74% and a net margin of 4.64%. Bed Bath & Beyond’s quarterly revenue was down 1.4% on a year-over-year basis. During the same period last year, the business earned $0.85 earnings per share. research analysts expect that Bed Bath & Beyond will post 2.98 EPS for the current fiscal year.

Several analysts have commented on BBBY shares. Zacks Investment Research raised Bed Bath & Beyond from a “hold” rating to a “buy” rating and set a $33.00 price objective on the stock in a report on Thursday, September 14th. ValuEngine raised Bed Bath & Beyond from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Barclays reissued an “equal weight” rating and issued a $30.00 price objective (down from $40.00) on shares of Bed Bath & Beyond in a report on Wednesday, September 20th. Loop Capital reissued a “hold” rating and issued a $23.00 price objective (down from $35.00) on shares of Bed Bath & Beyond in a report on Wednesday, September 20th. Finally, UBS reissued a “hold” rating and issued a $24.00 price objective (down from $30.00) on shares of Bed Bath & Beyond in a report on Wednesday, September 20th. Nine equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $27.88.

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Bed Bath & Beyond Company Profile

Bed Bath & Beyond Inc is a retailer, which operates under the names Bed Bath & Beyond (BBB), Christmas Tree Shops, Christmas Tree Shops andThat! or andThat! (collectively, CTS), Harmon or Harmon Face Values (collectively, Harmon), buybuy BABY (Baby) and World Market, Cost Plus World Market or Cost Plus (collectively, Cost Plus World Market).

Dividend History for Bed Bath & Beyond (NASDAQ:BBBY)

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