E Daily Stock Review: The Buckle Inc

Assuming Buckle's price will trade in the range of $18 to $27 next year, Buckle's recent $19.70 price could drop by $1.00 and fall to $18.70 by late-November, 2019. 

BKE Dividends

Buckle's most recent quarterly dividend was $0.25 declared September 18th and paid, October 26th. 

That $0.25 quarterly stipend equates to an annual amount of $1.00 yielding 5% at yesterday's closing $19.70 price.

Gains For BKE?

Adding the $1.00 annual dividend to my estimated $1.00 annual price downside for  Buckle Inc. adds up to a $0.00 potential gross annual per share gain, which will go negative by the costs to trade the shares.  

For under $1,000.00 invested today at the $19.70 recent price, we could buy 50 BKE shares. 

A $10 broker fee paid half at purchase and half at sale costs us $0.20 per share

Subtracting that $0.20 brokerage cost from the estimated $0.00 gross annual gain leaves a net loss of $0.20 X 50 shares 

= ($10.00)

for a 1% net loss on a $985.00 investment.

Therefore, Buckle Inc.,  whose trading ticker symbol is BKE, now shows a possible 1% net loss including the 5% dividend yield. 

Three brokers cover this stock:

All three say "hold' your BKE stock.

Their consensus number adds up to 3.0 for "hold" like they all say.

As for price the three wall street wizards also think the stock will fall just $0.70 in the coming year. 

Therefore, you may look at  Buckle Inc., whose trading ticker symbol is BKE, and see it has made money, is making money, but could net a.0.05 to 1% net annual loss including that  5% dividend yield. It could be more, it could be less.  

The above speculation is based on past year performance. The actual results remain to be seen to determine if Buckle Inc is worth your time and money.

1 2
View single page >> |


This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a ...

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.