Sothebys has a 5 year average dividend yield of 0.93% Sothebys(BID) has the most recent dividend payout ratio of 0.06 with a 5-year average payout ratio of 0.19. The 5 year historical dividend growth of Sothebys(BID) is at the rate of -7.39% while the R-Squared dividend growth is 0.1. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.
Sothebys (NYSE:BID) witnessed a decline in the market cap on Thursday as its shares dropped 2.14% or 0.9 points. After the session commenced at $42.03, the stock reached the higher end at $42.06 while it hit a low of $40.91. With the volume soaring to 656,040 shares, the last trade was called at $41.2. The company has a 52-week high of $42.66. The company has a market cap of $2,182 million and there are 52,967,115 shares in outstanding. The 52-week low of the share price is $20.62. Sothebys has dropped 0.34% in the last five trading days, however, the shares have posted positive gains of 4.07% in the last 4 weeks. Sothebys is up 6.08% in the last 3-month period. Year-to-Date the stock performance stands at 3.36%.
Currently the company Insiders own 11.98% of Sothebys shares according to the proxy statements. Institutional Investors own 88.23% of Sothebys shares. During last six month period, the net percent change held by insiders has seen a change of 0.27%. Company has reported several Insider transactions to the SEC, on Nov 14, 2016, Insurance Group, Inc. Taikang (10% owner) purchased 21,000 shares at 35.15 per share price.On Aug 9, 2016, Kevin M Delaney (SVP, Corporate Controller & CA) sold 542 shares at 34.32 per share price.On Jun 2, 2016, Sole Domenico De (director) purchased 6,620 shares at 30.29 per share price.
Sothebys Last issued its quarterly earnings results on Nov 7, 2016. The company reported $-0.78 EPS for the quarter, missing the analyst consensus estimate by $ -0.21. Analyst had a consensus of $-0.57. The company had revenue of $91.50 million for the quarter, compared to analysts expectations of $75.80 million. The companys revenue was down -33.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.26 EPS.
Sothebys Holdings, Inc. is one of the worlds second largest auctioneers of fine arts, antiques and collectibles, offering property in collecting categories, among them paintings, jewelry, decorative arts, and books. Sothebys Holdings, Inc is the parent company of Sothebys worldwide auction businesses, art-related financing and private sales activities. The Company operates in countries, with principal salesrooms located in New York and London. The company also regularly conducts auctions in other salesrooms around the world, including Australia, Hong Kong, France, Italy, the Netherlands, Switzerland and Singapore.