Sapiens International Co. (SPNS) To Go Ex-Dividend on December 1st

Sapiens International Co. (NASDAQ:SPNS) declared an annual dividend on Tuesday, October 17th, NASDAQ reports. Investors of record on Monday, December 4th will be paid a dividend of 0.20 per share by the technology company on Thursday, December 14th. The ex-dividend date is Friday, December 1st. This is a boost from Sapiens International’s previous annual dividend of $0.15.

Sapiens International (NASDAQ SPNS) opened at $11.96 on Thursday. The company has a quick ratio of 2.03, a current ratio of 2.03 and a debt-to-equity ratio of 0.39. The firm has a market cap of $590.59, a P/E ratio of 44.44, a P/E/G ratio of 8.28 and a beta of 1.20. Sapiens International has a twelve month low of $10.57 and a twelve month high of $15.98.

SPNS has been the subject of a number of research reports. Zacks Investment Research cut shares of Sapiens International from a “hold” rating to a “sell” rating in a report on Saturday, August 12th. ValuEngine upgraded shares of Sapiens International from a “sell” rating to a “hold” rating in a report on Friday, September 1st. Finally, Cowen initiated coverage on shares of Sapiens International in a report on Wednesday, September 6th. They issued an “outperform” rating and a $14.00 price objective for the company. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $15.00.

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About Sapiens International

Sapiens International Corporation N.V. (Sapiens) is a provider of software solutions for the insurance industry, with a focus on the financial services sector. The Company operates in provider of software solutions segment. Its software solutions portfolio consists of Life, Pension, Annuity and Retirement Solutions, including software solutions for the management of a range of products for life, pension, annuity and retirement; Property and Casualty/General Insurance Solutions, including a software suite of solutions, supporting a range of business lines, including personal, commercial and specialty lines, as well as a solution for the management of reinsurance contracts; Sapiens DECISION, which is a business decision management solution, and Technology-Based Solutions, such as Sapiens eMerge.

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