Twin River Worldwide Holdings Inc to Issue Special Dividend of $0.10 (NYSE:TRWH)

Twin River Worldwide Holdings Inc (NYSE:TRWH) declared a special dividend on Tuesday, June 18th, Wall Street Journal reports. Stockholders of record on Tuesday, July 9th will be paid a dividend of 0.10 per share on Tuesday, July 23rd. The ex-dividend date of this dividend is Monday, July 8th.

Shares of Twin River Worldwide stock opened at $29.13 on Friday. The stock’s fifty day simple moving average is $30.47. Twin River Worldwide has a 1-year low of $27.90 and a 1-year high of $33.98. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.88 and a current ratio of 0.93.

Twin River Worldwide (NYSE:TRWH) last issued its quarterly earnings results on Tuesday, May 14th. The company reported $0.59 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.53 by $0.06. The business had revenue of $120.63 million for the quarter, compared to analysts’ expectations of $119.10 million. As a group, equities analysts expect that Twin River Worldwide will post 1.85 EPS for the current fiscal year.

In other Twin River Worldwide news, major shareholder Chatham Asset Management, Llc purchased 26,003 shares of the company’s stock in a transaction dated Wednesday, April 10th. The shares were acquired at an average price of $32.00 per share, for a total transaction of $832,096.00. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders have sold a total of 1,301,240 shares of company stock worth $39,082,958 in the last quarter. Corporate insiders own 35.00% of the company’s stock.

Several research analysts have recently weighed in on the stock. Zacks Investment Research cut shares of Twin River Worldwide from a “hold” rating to a “sell” rating in a research note on Wednesday, June 26th. Stifel Nicolaus assumed coverage on shares of Twin River Worldwide in a research note on Wednesday, April 24th. They set a “buy” rating and a $43.00 price target on the stock. SunTrust Banks assumed coverage on shares of Twin River Worldwide in a research note on Friday, June 28th. They set a “hold” rating and a $32.00 price target on the stock. Finally, Union Gaming Research assumed coverage on shares of Twin River Worldwide in a research note on Thursday, June 20th. They set a “buy” rating and a $38.00 price target on the stock.

About Twin River Worldwide

There is no company description available for Twin River Worldwide Holdings Inc

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