Quanex Building Products Corporation (NX) has announced its upcoming dividend details. The ex-dividend date is set for Jun 16, 2025, with the announcement made on May 30, 2025. Shareholders will receive a cash dividend of $0.080 per share on Jun 30, 2025, which is higher than the average of the last ten dividends of $0.055 per share. This follows their previous cash dividend of $0.080 per share distributed on Mar 31, 2025.
Recently, analysts have shown optimism regarding Quanex's stock. Over the past week, shares have gained 7.5%, closing at $20.19. Analysts suggest there is potential for further growth, with a mean price target of $37, indicating an 83.3% upside. The price targets show a standard deviation of $5.57, reflecting varying degrees of analyst consensus. While the lowest estimate predicts a 53.5% increase to $31, the highest expects a 108% surge to $42. However, caution is advised, as price targets may not accurately predict stock movements despite consensus and revised earnings estimates suggesting promising prospects. Furthermore,
holds a strong Zacks Rank #1, indicating top-tier earnings potential among over 4,000 stocks.
In recent developments, Quanex reported its second-quarter 2025 results, reaffirming full-year guidance, which has drawn investor attention. The company has demonstrated growth amidst challenges, maintaining optimism about its business fundamentals. Analysts have revised earnings estimates upward, supporting the view of a favorable stock trend. As of late, Quanex's stock performance reflects these positive revisions, with expectations for continued growth.
In conclusion, Quanex's upcoming dividend and robust market performance present an attractive opportunity for investors. The ex-dividend date of Jun 16, 2025, marks the last chance for investors to purchase shares and qualify for the dividend. Any acquisition post this date will not be entitled to the dividend, underscoring the importance of timely investment decisions.
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