8 Cheap Mid-Cap Dividend Stocks With Analyst Confidence

Are you looking for mid-sized companies that still have room to grow? Do you prefer stocks that pay solid dividend yields, but also have sustainable payout ratios to boot? Today we focused on stocks with these traits, but ones that also look undervalued from a price-multiple perspective, despite good analyst ratings. If stocks like this seem interesting, we think you'll like the list we came up with.The Price/Earnings ratio is one of the most commonly used price-multiple metrics. Often, EPS from the last four quarters is used to derive this number. A firm that has a high P/E ratio generally indicates that investors have high expectations of the firm relative to future earnings growth. By the opposite token, investors generally have lower expectations of a firm with a low P/E ratio. A firm that holds a P/E below 10 could be viewed as having "value investment" potential. One thing
... Read the rest at SeekingAlpha.com