Nathan’s Famous (NASDAQ:NATH) Releases Quarterly Earnings Results

Nathan’s Famous (NASDAQ:NATH) posted its quarterly earnings results on Thursday. The restaurant operator reported $1.10 earnings per share for the quarter, Zacks reports. Nathan’s Famous had a net margin of 16.19% and a negative return on equity of 89.20%.

Nathan’s Famous Trading Down 1.5 %

Nathan’s Famous stock opened at $84.35 on Friday. The company has a market capitalization of $344.15 million, a P/E ratio of 14.54 and a beta of 0.25. Nathan’s Famous has a 1-year low of $64.02 and a 1-year high of $94.97. The firm’s fifty day simple moving average is $81.33 and its 200-day simple moving average is $80.57.

Nathan’s Famous Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Tuesday, February 18th will be paid a dividend of $0.50 per share. The ex-dividend date is Tuesday, February 18th. This represents a $2.00 annualized dividend and a dividend yield of 2.37%. Nathan’s Famous’s dividend payout ratio (DPR) is 34.48%.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Nathan’s Famous from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 1st.

Nathan’s Famous Company Profile

Nathan’s Famous, Inc engages in the operation of franchised fast-food units. It is involved in the licensing, wholesaling, and retailing of products marketed under the Nathan’s Famous brand. The firm operates through the following business segments: Branded Product Program, Product Licensing, Restaurant Operations, and Corporate.