Canaccord Genuity Group Inc. (TSE:CF - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$10.32 and last traded at C$10.22, with a volume of 95874 shares traded. The stock had previously closed at C$9.90.
Analyst Ratings Changes
A number of research firms recently issued reports on CF. Raymond James decreased their price objective on Canaccord Genuity Group from C$11.00 to C$10.00 and set a "buy" rating for the company in a report on Wednesday, August 14th. TD Securities decreased their price objective on Canaccord Genuity Group from C$11.00 to C$10.00 in a report on Tuesday, August 13th. Finally, Ventum Cap Mkts upgraded Canaccord Genuity Group to a "strong-buy" rating in a report on Monday, August 12th.
Read Our Latest Stock Analysis on Canaccord Genuity Group
Canaccord Genuity Group Stock Performance
The company has a fifty day moving average of C$9.03 and a two-hundred day moving average of C$8.81. The firm has a market capitalization of C$978.30 million, a price-to-earnings ratio of -102.00, a PEG ratio of 0.54 and a beta of 1.61. The company has a debt-to-equity ratio of 52.93, a quick ratio of 1.05 and a current ratio of 1.21.
Canaccord Genuity Group (TSE:CF - Get Free Report) last released its quarterly earnings results on Thursday, August 8th. The financial services provider reported C$0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.21 by C($0.08). The firm had revenue of C$428.17 million during the quarter, compared to the consensus estimate of C$424.52 million. Canaccord Genuity Group had a net margin of 0.18% and a return on equity of 3.45%. As a group, equities research analysts predict that Canaccord Genuity Group Inc. will post 0.8618357 earnings per share for the current fiscal year.
Canaccord Genuity Group Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 10th. Stockholders of record on Friday, August 30th were given a dividend of $0.085 per share. The ex-dividend date of this dividend was Friday, August 30th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 3.36%. Canaccord Genuity Group's payout ratio is -340.00%.
About Canaccord Genuity Group
(
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.
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