09-08-2016, 12:45 AM
(09-07-2016, 05:13 PM)DividendGarden Wrote: Anyone seeing BF.b below $47? I've never owned it, but have always wanted to. Any opinions?
Also, DIS is below $94.
BF.b still looks expensive to me as it's trading at more than 26 times expected 2017 earnings, has a historical growth rate of less than 10% and a dividend yield of just 1.4%. Analysts are expecting just 5% growth going forward as well, so I'm not really seeing what is attractive with the stock right now. I don't know that I'd pay more than $30 for it, which would be a forward PE of 17 and a yield of around 2.3%
Is there something I am missing here?