Versant Corporation (VSNT) To Go Ex-Dividend on January 4th

Versant Corporation (NASDAQ:VSNT) announced a quarterly dividend on Tuesday, November 3rd. Shareholders of record on Monday, January 4th will be paid a dividend of $0.3750 per share on Monday, January 25th. This represents a $1.50 annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend is Monday, January 4th.

Versant Price Performance

NASDAQ VSNT opened at $33.98 on Thursday. The company’s fifty day simple moving average is $34.12 and its 200-day simple moving average is $36.26. Versant has a 52 week low of $27.17 and a 52 week high of $59.00. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.08 and a quick ratio of 2.38.

Versant (NASDAQ:VSNT) last released its quarterly earnings results on Tuesday, November 3rd. The company reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.31. The firm had revenue of $1.59 billion for the quarter. As a group, research analysts expect that Versant will post 4.10 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. The Goldman Sachs Group reiterated a “neutral” rating and set a $43.00 target price on shares of Versant in a research note on Friday, September 18th. JPMorgan Chase & Co. decreased their target price on Versant from $43.00 to $39.00 and set a “neutral” rating for the company in a research report on Wednesday. TD Cowen boosted their price target on Versant from $35.00 to $39.00 and gave the company a “hold” rating in a report on Friday, August 7th. Citigroup began coverage on Versant in a research note on Thursday, September 24th. They set a “buy” rating and a $41.00 price objective on the stock. Finally, Zacks Research upgraded shares of Versant from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 16th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $41.71.

Versant Company Profile

Versant, Inc (NASDAQ: VSNT) is a media and entertainment company formed from selected cable television and digital assets formerly owned by Comcast’s NBCUniversal division. The company develops, produces, distributes and markets entertainment, news, sports and lifestyle content across television networks and digital platforms.

Versant’s portfolio includes USA Network, E!, SYFY, Oxygen, Golf Channel and related digital properties. Its assets also include Fandango and Rotten Tomatoes, which provide movie-ticketing, entertainment information and media-review services.