StoneMor Partners L.P. (NASDAQ:STON) declared a quarterly dividend on Tuesday, January 26th, Marketbeat reports. Stockholders of record on Friday, February 5th will be given a dividend of 0.66 per share on Friday, February 12th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 9.19%. The ex-dividend date is Wednesday, February 3rd.

StoneMor Partners L.P. (NASDAQ:STON) opened at 28.72 on Friday. The stock’s 50 day moving average is $26.96 and its 200-day moving average is $28.10. The company’s market capitalization is $912.69 million. StoneMor Partners L.P. has a 52-week low of $22.04 and a 52-week high of $32.06.

StoneMor Partners L.P. (NASDAQ:STON) last announced its earnings results on Monday, November 9th. The company reported ($0.11) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.08) by $0.03. During the same quarter last year, the firm earned ($0.12) earnings per share. The firm had revenue of $78.20 million for the quarter, compared to analysts’ expectations of $80.68 million. Analysts predict that StoneMor Partners L.P. will post ($0.64) EPS for the current fiscal year.

Separately, Zacks Investment Research raised shares of StoneMor Partners L.P. from a “hold” rating to a “buy” rating and set a $32.00 target price for the company in a research report on Tuesday, November 10th.

In related news, Director Fenton R. Talbott sold 25,000 shares of StoneMor Partners L.P. stock in a transaction dated Wednesday, December 30th. The shares were sold at an average price of $27.01, for a total transaction of $675,250.00. Following the completion of the transaction, the director now directly owns 18,435 shares of the company’s stock, valued at approximately $497,929.35. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

StoneMor Partners L.P. is an owner and operator of cemeteries and funeral homes in the United States. The Company operates through five segments: Cemetery Operations – Southeast, Cemetery Operations – Northeast, Cemetery Operations – West, Funeral Homes and Corporate. The Company’s Cemetery Operations – Northeast and Cemetery Operations – West segments sell interment rights, caskets, burial vaults, cremation niches, markers and other cemetery related merchandise. The Company’s Funeral Homes segment offers a range of funeral-related services, such as family consultation, the removal of and preparation of remains and the use of funeral home facilities for visitation and prayer services. The Company’s Corporate segment includes various home office selling and administrative expenses, such as payroll, accounting, collections and professional fees. The Company operates approximately 304 cemeteries and 102 funeral homes in over 28 states and Puerto Rico.

12 Month Chart for NASDAQ:STON

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