Pier 1 Imports (PIR) Misses Q2 EPS by 3c; Guides Q3, FY16 EPS Below Consensus

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SunTrust Robinson Humphrey Cuts Price target on Pier 1 Imports (PIR) Following 3c EPS Miss

September 25, 2015 10:01 AM EDT

SunTrust Robinson Humphrey maintained a Neutral rating on Pier 1 Imports (NYSE: PIR), and cut the price target to $10.00 (from $15.00), following the company's 2Q16 earnings results. PIR reported 2Q EPS of $0.04, well below the Streets $0.07 estimate.

Analyst David Magee commented, "PIR... More

Pier 1 Imports (PIR) Declares $0.07 Quarterly Dividend; 3.2% Yield

September 24, 2015 4:24 PM EDT

Pier 1 Imports (NYSE: PIR) declared a quarterly dividend of $0.07 per share, or $0.28 annualized.

The dividend will be payable on November 4, 2015, to stockholders of record on October 21, 2015, with an ex-dividend date of October 19, 2015.

The annual yield on the dividend is 3.2 percent.

For... More