StockNews.com initiated coverage on shares of Ark Restaurants (NASDAQ:ARKR – Free Report) in a research note released on Thursday. The brokerage issued a buy rating on the restaurant operator’s stock.
Separately, TheStreet raised shares of Ark Restaurants from a d+ rating to a c rating in a report on Thursday, March 14th.
Get Our Latest Analysis on Ark Restaurants
Ark Restaurants Price Performance
Ark Restaurants (NASDAQ:ARKR – Get Free Report) last issued its earnings results on Monday, February 12th. The restaurant operator reported $0.38 earnings per share (EPS) for the quarter. The business had revenue of $47.49 million during the quarter. Ark Restaurants had a negative net margin of 3.40% and a positive return on equity of 2.77%.
Ark Restaurants Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 13th. Stockholders of record on Thursday, February 29th were issued a dividend of $0.188 per share. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $0.75 annualized dividend and a dividend yield of 5.52%. Ark Restaurants’s payout ratio is -42.86%.
Ark Restaurants Company Profile
Ark Restaurants Corp., through its subsidiaries, owns and operates restaurants and bars in the United States. It operates restaurants in New York City; Washington, DC; Las Vegas, Nevada; Atlantic City, New Jersey; Florida; and Alabama, as well as fast food concepts and catering operations. The company was incorporated in 1983 and is based in New York, New York.
Read More
- Five stocks we like better than Ark Restaurants
- How to Buy Cheap Stocks Step by Step
- MarketBeat Week in Review – 4/22 – 4/26
- Quiet Period Expirations Explained
- 3 Stocks Leading the U.S. Agriculture Comeback
- What is a Dividend King?
- How to Use Put Debit Spreads to Profit From Falling Stocks
Receive News & Ratings for Ark Restaurants Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ark Restaurants and related companies with MarketBeat.com's FREE daily email newsletter.