Interface, Inc. (NASDAQ:TILE) is expected to pay $0.06 on Nov 25, 2016. The indicated annual dividend is $0.24. Shareholders owning the stock before Nov 8, 2016 will be eligible to receive the payout. Based on Interface, Inc.’s current price of $15.80, the dividend is 0.38%. This dividend’s record date is Nov 11, 2016 and the announcement date is Oct 27, 2016. The stock increased 2.93% or $0.45 on November 4, hitting $15.8. Interface, Inc. (NASDAQ:TILE) has declined 11.58% since April 5, 2016 and is downtrending. It has underperformed by 13.54% the S&P500.
Interface Inc. is engaged in design, production and sales of modular carpet, also known as carpet tile across the world. The company has a market cap of $1.03 billion. The Firm markets its modular carpets in over 110 countries under the brand names Interface and FLOR. It has a 15.21 P/E ratio. The Firm distributes its product through approximately two primary channels, including direct sales to end users and indirect sales through independent contractors or distributors.
Insitutional Activity: The institutional sentiment decreased to 0.99 in Q2 2016. Its down 0.08, from 1.07 in 2016Q1. The ratio is negative, as 21 funds sold all Interface, Inc. shares owned while 61 reduced positions. 24 funds bought stakes while 57 increased positions. They now own 58.27 million shares or 1.08% less from 58.90 million shares in 2016Q1.
Deprince Race And Zollo accumulated 0.56% or 1.80M shares. The Georgia-based Atlantic Trust Group Lc has invested 0% in Interface, Inc. (NASDAQ:TILE). Dimensional Fund Advsr Ltd Partnership last reported 2.28M shares in the company. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% of its portfolio in Interface, Inc. (NASDAQ:TILE) for 21,968 shares. Public Employees Retirement Association Of Colorado has 17,205 shares for 0% of their US portfolio. Savings Bank Of New York Mellon accumulated 0.03% or 5.62M shares. Quantbot Technologies L P has 0.03% invested in the company for 17,910 shares. Amer Century reported 349,950 shares or 0.01% of all its holdings. Royal Natl Bank Of Canada reported 1.29 million shares or 0.01% of all its holdings. Pacad Ltd reported 9,300 shares or 0.02% of all its holdings. California Pub Employees Retirement System accumulated 0.01% or 220,900 shares. Third Avenue Management Limited Liability has 249,370 shares for 0.17% of their US portfolio. Eaton Vance Management last reported 268,591 shares in the company. Aqr Cap Mngmt Ltd Company accumulated 320,868 shares or 0.01% of the stock. Victory Capital Management has 3,922 shares for 0% of their US portfolio.
Insider Transactions: Since June 6, 2016, the stock had 1 buy, and 8 sales for $718,523 net activity. HENDRIX DANIEL T had sold 3,000 shares worth $49,200 on Monday, October 3. WILLOCH RAYMOND S had sold 23,007 shares worth $392,845 on Thursday, August 18. Gould Jay had bought 10,000 shares worth $147,600. Nigel Stansfield sold $137,188 worth of Interface, Inc. (NASDAQ:TILE) on Monday, August 1. Another trade for 4,500 shares valued at $81,000 was sold by LYNCH PATRICK C.
Interface, Inc. (NASDAQ:TILE) Ratings Coverage
Out of 4 analysts covering Interface (NASDAQ:TILE), 1 rate it a “Buy”, 2 “Sell”, while 1 “Hold”. This means 25% are positive. Interface has been the topic of 7 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The company was downgraded on Wednesday, April 27 by Stifel Nicolaus. The firm has “Underperform” rating by Raymond James given on Friday, June 24. The firm has “Overweight” rating by Barclays Capital given on Friday, July 31. The firm has “Buy” rating by Seaport Global Securities given on Friday, November 4. Stifel Nicolaus upgraded Interface, Inc. (NASDAQ:TILE) rating on Friday, October 30. Stifel Nicolaus has “Buy” rating and $24 price target. The firm has “Equal-Weight” rating given on Thursday, February 25 by Barclays Capital. The stock of Interface, Inc. (NASDAQ:TILE) earned “Underweight” rating by Barclays Capital on Thursday, April 7.
More important recent Interface, Inc. (NASDAQ:TILE) news were published by: Fool.com which released: “Why Interface Inc. Stock Dropped Today” on June 24, 2016, also Prnewswire.com published article titled: “Interface Announces New GreenCircle Certified Environmental Facts Labels”, Prnewswire.com published: “Interface to Relocate Global Headquarters to Midtown Atlanta” on September 21, 2016. More interesting news about Interface, Inc. (NASDAQ:TILE) was released by: Nasdaq.com and their article: “Interface Inc. Earnings Retreat 21% In Q3” with publication date: October 26, 2016.
TILE Company Profile
Interface Inc., incorporated on August 28, 1981, is engaged in design, production and sales of modular carpet, also known as carpet tile across the world. The Firm markets its modular carpets in over 110 countries under the brand names Interface and FLOR. The Firm distributes its product through approximately two primary channels, including direct sales to end users and indirect sales through independent contractors or distributors. The Firm makes carpet at over two locations in the United States and at facilities in the Netherlands, the United Kingdom, Thailand, China and Australia. The Company’s principal geographic markets are the United States, Europe and Asia-Pacific.
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