The ex-dividend date for Overseas Shipholding Group (NYSE:OSG), Retail HOLDRs (AMEX:RTH), Spartan Motors (NASDAQ:SPAR), TJX Companies (NYSE:TJX) and United Online Inc. (NASDAQ:UNTD) is May 10.
Overseas Shipholding Group (OSG) pays a quarterly dividend of $0.44 with a yield of 6.20 percent.
Retail HOLDRs (RTH) pays a quarterly dividend of $0.01 with a yield of 0.94 percent.
Spartan Motors (SPAR) pays a semi-annual dividend of $0.05 with a yield of 1.60 percent.
TJX Companies (TJX) pays a quarterly dividend of $0.19 with a yield of 1.40 percent.
United Online Inc. (UNTD) pays a quarterly dividend of $0.10 with a yield of 6.15 percent.
Showing posts with label United Online. Show all posts
Showing posts with label United Online. Show all posts
Monday, May 9, 2011
Monday, November 29, 2010
United Online (NASDAQ:UNTD) to be Driven by Classmates Media in 2011
According to Gleacher & Co., they see United Online (NASDAQ:UNTD) having reached the turning point concerning growth going forward, mostly driven by their Classmates Media business.
Gleacher said, "We believe UNTD is well-positioned to grow total revenue and overall OIBDA in FY11. This, in our view, marks the turning point for the stock, as we believe investors will begin to view UNTD as a growth company rather than one that is weighed down by a declining dial-up business. We note that In FY11, UNTD will no longer face a tough y/y comparison due to its decision to exit the post-transaction marketing business (about $27mil in revenue in FY09) at the end of January in 2010. Also, the magnitude of decline in its dial-up business should be much less than a year ago ($44mil in FY10 vs. $30mil in FY11). With its FTD business expected to remain at least flat, its Classmates Media business will serve as the key growth driver for the company and for the stock in 2011, in our view."
Gleacher maintains a "Buy" rating on United Online, which closed Friday at $6.20, losing $0.11, or 1.74 percent. Gleacher has a price target of $10 on them.
Gleacher said, "We believe UNTD is well-positioned to grow total revenue and overall OIBDA in FY11. This, in our view, marks the turning point for the stock, as we believe investors will begin to view UNTD as a growth company rather than one that is weighed down by a declining dial-up business. We note that In FY11, UNTD will no longer face a tough y/y comparison due to its decision to exit the post-transaction marketing business (about $27mil in revenue in FY09) at the end of January in 2010. Also, the magnitude of decline in its dial-up business should be much less than a year ago ($44mil in FY10 vs. $30mil in FY11). With its FTD business expected to remain at least flat, its Classmates Media business will serve as the key growth driver for the company and for the stock in 2011, in our view."
Gleacher maintains a "Buy" rating on United Online, which closed Friday at $6.20, losing $0.11, or 1.74 percent. Gleacher has a price target of $10 on them.
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