Canaccord Genuity Group Inc. (TSE:CF - Get Free Report) declared a quarterly dividend on Thursday, November 7th,Zacks Dividends reports. Shareholders of record on Friday, November 29th will be given a dividend of 0.085 per share by the financial services provider on Tuesday, December 10th. This represents a $0.34 annualized dividend and a yield of 3.51%. The ex-dividend date of this dividend is Friday, November 29th.
Canaccord Genuity Group Stock Down 7.0 %
Shares of TSE CF traded down C$0.73 during mid-day trading on Friday, reaching C$9.70. The company had a trading volume of 165,900 shares, compared to its average volume of 131,754. The company has a debt-to-equity ratio of 52.93, a quick ratio of 1.05 and a current ratio of 1.21. The company has a market capitalization of C$937.70 million, a price-to-earnings ratio of -97.00, a PEG ratio of 0.54 and a beta of 1.61. The stock has a fifty day moving average of C$9.17 and a two-hundred day moving average of C$8.85. Canaccord Genuity Group has a 12-month low of C$6.50 and a 12-month high of C$10.50.
Canaccord Genuity Group (TSE:CF - Get Free Report) last released its earnings results on Thursday, November 7th. The financial services provider reported C$0.20 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C$0.22 by C($0.02). Canaccord Genuity Group had a return on equity of 3.45% and a net margin of 0.18%. The company had revenue of C$428.64 million during the quarter, compared to analysts' expectations of C$440.60 million. As a group, equities research analysts expect that Canaccord Genuity Group will post 0.8618357 EPS for the current year.
Wall Street Analyst Weigh In
CF has been the subject of several recent research reports. Raymond James lowered their price target on Canaccord Genuity Group from C$11.00 to C$10.00 and set a "buy" rating for the company in a research note on Wednesday, August 14th. Ventum Cap Mkts raised shares of Canaccord Genuity Group to a "strong-buy" rating in a research report on Monday, August 12th. Finally, TD Securities cut their price target on shares of Canaccord Genuity Group from C$11.00 to C$10.00 in a report on Tuesday, August 13th.
Get Our Latest Stock Report on CF
Canaccord Genuity Group Company Profile
(
Get Free Report)
Canaccord Genuity Group Inc operates as a full-service investment dealer in Canada, the United States, the United Kingdom, Europe, Crown Dependencies, and Australia. It operates through two segments: Canaccord Genuity Capital Markets and Canaccord Genuity Wealth Management. The Canaccord Genuity Capital Markets segment offers investment banking, advisory, research, and trading services for corporate, institutional, and government clients.
Read More
Before you consider Canaccord Genuity Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Canaccord Genuity Group wasn't on the list.
While Canaccord Genuity Group currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
