Dear Reader,
We have identified several financial stocks which are expected to go “Ex-Dividend” starting soon.
If you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment.
Instead, the seller gets the dividend. If you purchase before the ex-dividend date, you get the dividend.
If you sell your stock before the ex-dividend date, you also are selling away your right to the stock dividend.
So please keep this in mind.
Below is our latest Dividend Report:
Equity Residential
Symbol: EQR
Recent EQR Stock Price: $71.82
Average Analyst Price Target for EQR Stock: $86.32 (20.19%)
Market Cap for EQR Stock: $28.26B
Expected Ex-Dividend Date for EQR Stock: Jun 24 2022
Expected Payment Date for EQR Stock: Jul 08 2022
Expected Dividend & Yield for EQR Stock: 3.41%
Recent Analyst Action: Derek Johnston, analyst at Deutsche Bank, reiterates coverage on Equity Residential (EQR) stock in the financial stock sector with a Hold rating and a price target of $ 85 (2 days ago).
TipRanks.com also reports that Equity Residential currently has 14 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $86.32 . The target pricing ranges from a high forecast of $99.00 down to a low forecast of $76.00. Equity Residential (EQR)’s last closing price was $$71.82 which would put the average price target at 20.19% upside.Here are 3rd party ratings for EQR stock:
- TipRanks.com: Moderate Buy
- TradingView.com: Sell
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Top 29% (73 out of 249)
--------------------------------------------------------------------------
Guaranty Bancshares
Symbol: GNTY
Recent GNTY Stock Price: $35.71
Average Analyst Price Target for GNTY Stock: $40.00 (12.01%)
Market Cap for GNTY Stock: $435.02M
Expected Ex-Dividend Date for GNTY Stock: Jun 24 2022
Expected Payment Date for GNTY Stock: Jul 13 2022
Expected Dividend & Yield for GNTY Stock: 2.26%
Recent Analyst Action: Michael Rose, analyst at Raymond James, reiterates coverage on Guaranty Bancshares (GNTY) stock in the financial stock sector with a Buy rating and a price target of $ 42 (2 months ago).
TipRanks.com also reports that Guaranty Bancshares currently has 2 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $40.00 . The target pricing ranges from a high forecast of $42.00 down to a low forecast of $38.00. Guaranty Bancshares (GNTY)’s last closing price was $$35.71 which would put the average price target at 12.01% upside.Here are 3rd party ratings for GNTY stock:
- TipRanks.com: Moderate Buy
- TradingView.com: Sell
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: sell
- Zacks.com: Buy, Top 17% (43 out of 249)
--------------------------------------------------------------------------
Independent Bank
Symbol: INDB
Recent INDB Stock Price: $79.08
Average Analyst Price Target for INDB Stock: $106.00 (34.04%)
Market Cap for INDB Stock: $3.69B
Expected Ex-Dividend Date for INDB Stock: Jun 24 2022
Expected Payment Date for INDB Stock: Jul 08 2022
Expected Dividend & Yield for INDB Stock: 2.43%
Recent Analyst Action: Laurie Havener, analyst at Compass Point, reiterates coverage on Independent Bank (INDB) stock in the financial stock sector with a Buy rating and a price target of $ 106 (2 months ago).
TipRanks.com also reports that Independent Bank currently has 1 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $106.00 . The target pricing ranges from a high forecast of $106.00 down to a low forecast of $106.00. Independent Bank (INDB)’s last closing price was $$79.08 which would put the average price target at 34.04% upside.Here are 3rd party ratings for INDB stock:
- TipRanks.com: Moderate Buy
- TradingView.com: Strong Sell
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Top 20% (49 out of 249)
--------------------------------------------------------------------------
National Bank of Canada
Symbol: NTIOF
Recent NTIOF Stock Price: $64.74
Average Analyst Price Target for NTIOF Stock: $80.88 (24.93%)
Market Cap for NTIOF Stock: $21.61B
Expected Ex-Dividend Date for NTIOF Stock: Jun 24 2022
Expected Payment Date for NTIOF Stock: Aug 01 2022
Expected Dividend & Yield for NTIOF Stock: 3.73%
Recent Analyst Action: Joo Ho, analyst at Credit Suisse, reiterates coverage on National Bank of Canada (NTIOF) stock in the financial stock sector with a Buy rating and a price target of $ 85.5 (3 weeks ago).
TipRanks.com also reports that National Bank of Canada currently has 10 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $80.88 . The target pricing ranges from a high forecast of $85.50 down to a low forecast of $71.63. National Bank of Canada (NTIOF)’s last closing price was $$64.74 which would put the average price target at 24.93% upside.Here are 3rd party ratings for NTIOF stock:
- TipRanks.com: Moderate Buy
- TradingView.com: n/a
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: n/a
--------------------------------------------------------------------------
New York Mortgage
Symbol: NYMT
Recent NYMT Stock Price: $2.77
Average Analyst Price Target for NYMT Stock: $4.08 (47.29%)
Market Cap for NYMT Stock: $1.01B
Expected Ex-Dividend Date for NYMT Stock: Jun 24 2022
Expected Payment Date for NYMT Stock: Jul 25 2022
Expected Dividend & Yield for NYMT Stock: 15.50%
Recent Analyst Action: Michael Diana, analyst at Maxim Group, reiterates coverage on New York Mortgage (NYMT) stock in the financial stock sector with a Buy rating and a price target of $ 4.5 (1 month ago).
TipRanks.com also reports that New York Mortgage currently has 3 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $4.08 . The target pricing ranges from a high forecast of $4.50 down to a low forecast of $3.50. New York Mortgage (NYMT)’s last closing price was $$2.77 which would put the average price target at 47.29% upside.Here are 3rd party ratings for NYMT stock:
- TipRanks.com: Moderate Buy
- TradingView.com: Neutral
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Sell, Bottom 35% (162 out of 249)
--------------------------------------------------------------------------
W. R. Berkley Corporation
Symbol: WRB
Recent WRB Stock Price: $68.03
Average Analyst Price Target for WRB Stock: $75.00 (10.25%)
Market Cap for WRB Stock: $17.49B
Expected Ex-Dividend Date for WRB Stock: Jun 24 2022
Expected Payment Date for WRB Stock: Jul 07 2022
Expected Dividend & Yield for WRB Stock: 0.52%
Recent Analyst Action: Michael Phillips, analyst at Morgan Stanley, reiterates coverage on W. R. Berkley Corporation (WRB) stock in the financial stock sector with a Hold rating and a price target of $ 70 (1 month ago).
TipRanks.com also reports that W. R. Berkley Corporation currently has 8 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $75.00 . The target pricing ranges from a high forecast of $83.00 down to a low forecast of $61.00. W. R. Berkley Corporation (WRB)’s last closing price was $$68.03 which would put the average price target at 10.25% upside.Here are 3rd party ratings for WRB stock:
- TipRanks.com: Moderate Buy
- TradingView.com: Buy
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: buy
- Zacks.com: Strong Buy, Bottom 37% (156 out of 249)
--------------------------------------------------------------------------
And there you have it...
Keep in mind, if you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment.
Instead, the seller gets the dividend. If you purchase before the ex-dividend date, you get the dividend.
If you sell your stock before the ex-dividend date, you also are selling away your right to the stock dividend.
If you have questions about specific dividends, you should consult with your financial advisor or visit Investor.gov for more information.
Sincerely,
The Editor, FinancialMarketMovers.com
FinancialMarketMovers.com keeps investors informed of the top moving stocks within each sector including Health & Biotech, Technology, Energy, Metals & Mining, Financial, Consumer, Communication Services and more. We provide investors with timely information regarding top moving stocks that is sourced from our proprietary stocks screens, partner stock analysts and breaking news that identify and monitor stocks that are on the move. Join thousands of investors who already signed up for our free subscription to FinancialMarketMovers.com.