Twin River Worldwide Holdings Inc (NYSE:TRWH) Announces $0.10 Quarterly Dividend

Twin River Worldwide Holdings Inc (NYSE:TRWH) announced a quarterly dividend on Friday, October 4th, Fidelity reports. Investors of record on Tuesday, October 15th will be paid a dividend of 0.10 per share on Friday, October 25th. This represents a $0.40 annualized dividend and a yield of 1.77%. The ex-dividend date is Friday, October 11th.

Shares of TRWH opened at $22.57 on Thursday. Twin River Worldwide has a 12-month low of $20.35 and a 12-month high of $33.98. The firm has a 50-day moving average of $22.62. The company has a debt-to-equity ratio of 1.67, a quick ratio of 4.39 and a current ratio of 4.46.

Twin River Worldwide (NYSE:TRWH) last released its earnings results on Monday, August 12th. The company reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.54 by ($0.03). The business had revenue of $143.22 million during the quarter, compared to the consensus estimate of $157.45 million. Analysts expect that Twin River Worldwide will post 1.84 earnings per share for the current year.

In other Twin River Worldwide news, insider Stephen H. Capp acquired 9,000 shares of the company’s stock in a transaction that occurred on Friday, August 23rd. The shares were purchased at an average price of $21.95 per share, with a total value of $197,550.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 35.00% of the stock is owned by corporate insiders.

Several equities research analysts recently weighed in on the company. Union Gaming Research assumed coverage on Twin River Worldwide in a research note on Thursday, June 20th. They set a “buy” rating and a $38.00 target price for the company. Cowen assumed coverage on Twin River Worldwide in a research note on Thursday. They set a “market perform” rating and a $24.00 target price for the company. SunTrust Banks decreased their target price on Twin River Worldwide to $24.00 and set a “hold” rating for the company in a research note on Tuesday, August 13th. Finally, Zacks Investment Research upgraded Twin River Worldwide from a “sell” rating to a “hold” rating in a research note on Thursday, August 29th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $32.25.

Twin River Worldwide Company Profile

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

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