Flanigan’s Enterprises (NYSEAMERICAN:BDL) Issues Earnings Results

Flanigan’s Enterprises (NYSEAMERICAN:BDLGet Free Report) issued its quarterly earnings results on Tuesday. The company reported $1.04 earnings per share for the quarter, reports. Flanigan’s Enterprises had a net margin of 1.94% and a return on equity of 4.70%. The business had revenue of $48.07 million for the quarter.

Flanigan’s Enterprises Stock Up 3.1 %

Shares of BDL opened at $28.50 on Friday. The company has a market cap of $53.01 million, a price-to-earnings ratio of 14.62 and a beta of 0.67. The company has a quick ratio of 1.17, a current ratio of 1.56 and a debt-to-equity ratio of 0.28. Flanigan’s Enterprises has a 1 year low of $24.43 and a 1 year high of $34.59.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on Flanigan’s Enterprises in a report on Thursday. They issued a “hold” rating on the stock.

Check Out Our Latest Stock Analysis on BDL

Institutional Trading of Flanigan’s Enterprises

An institutional investor recently raised its position in Flanigan’s Enterprises stock. Empowered Funds LLC boosted its stake in Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDLFree Report) by 7.6% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,460 shares of the company’s stock after purchasing an additional 875 shares during the quarter. Empowered Funds LLC owned about 0.67% of Flanigan’s Enterprises worth $319,000 as of its most recent SEC filing. Institutional investors own 11.03% of the company’s stock.

Flanigan’s Enterprises Company Profile

(Get Free Report)

Flanigan's Enterprises, Inc, together with its subsidiaries, operates a chain of full-service restaurants and package liquor stores in South Florida. The company operates in two segments, Package Stores and Restaurants. It operates package liquor stores under the Big Daddy's Liquors name, which offer private label liquors, beer, and wines; and restaurants under the Flanigan's Seafood Bar and Grill service mark that provide alcoholic beverages and full food services.

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Earnings History for Flanigan's Enterprises (NYSEAMERICAN:BDL)

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