Media stories about Oil-Dri Corporation Of America (NYSE:ODC) have trended somewhat positive on Tuesday, according to Accern. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Oil-Dri Corporation Of America earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave media headlines about the specialty chemicals company an impact score of 45.1424051807031 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Separately, BidaskClub upgraded Oil-Dri Corporation Of America from a “hold” rating to a “buy” rating in a report on Tuesday, July 11th.
Shares of Oil-Dri Corporation Of America (NYSE:ODC) opened at 40.96 on Tuesday. The stock has a market cap of $298.84 million, a price-to-earnings ratio of 20.45 and a beta of 1.08. Oil-Dri Corporation Of America has a one year low of $31.35 and a one year high of $43.84. The company has a 50 day moving average price of $41.51 and a 200-day moving average price of $37.71.
Oil-Dri Corporation Of America (NYSE:ODC) last posted its quarterly earnings data on Wednesday, June 7th. The specialty chemicals company reported $0.44 earnings per share for the quarter. The firm had revenue of $64.75 million during the quarter. Oil-Dri Corporation Of America had a net margin of 5.63% and a return on equity of 12.39%.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 1st. Investors of record on Friday, August 18th will be given a dividend of $0.23 per share. The ex-dividend date is Wednesday, August 16th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.25%. This is a boost from Oil-Dri Corporation Of America’s previous quarterly dividend of $0.22. Oil-Dri Corporation Of America’s dividend payout ratio (DPR) is presently 43.56%.
In related news, Director Allan H. Selig acquired 1,000 shares of the stock in a transaction that occurred on Friday, July 21st. The stock was purchased at an average price of $43.51 per share, with a total value of $43,510.00. Following the transaction, the director now owns 30,500 shares of the company’s stock, valued at approximately $1,327,055. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 13.86% of the company’s stock.
Oil-Dri Corporation Of America Company Profile
Oil-Dri Corporation of America is engaged in developing, manufacturing and/or marketing sorbent products. The Company operates through two segments: Retail and Wholesale Products Group, and Business to Business Products Group. The Retail and Wholesale Products Group’s customers include mass merchandisers, wholesale clubs, drugstore chains, dollar stores, distributors of industrial cleanup and automotive products, environmental service companies and sports field product users.
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