Canaccord Genuity Group Inc. (TSE:CF - Get Free Report) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$9.42 and traded as high as C$9.81. Canaccord Genuity Group shares last traded at C$9.77, with a volume of 44,676 shares changing hands.
Analysts Set New Price Targets
Several research firms have recently weighed in on CF. Raymond James upped their price objective on Canaccord Genuity Group from C$11.00 to C$13.00 in a research report on Monday, November 11th. Ventum Financial raised their price target on shares of Canaccord Genuity Group from C$10.25 to C$12.00 in a research note on Monday, November 11th. TD Securities boosted their price target on shares of Canaccord Genuity Group from C$10.00 to C$12.00 in a research report on Tuesday, November 12th. Finally, Cormark raised their price objective on Canaccord Genuity Group from C$11.50 to C$12.50 in a report on Tuesday, November 12th.
Read Our Latest Report on CF
Canaccord Genuity Group Stock Performance
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 cap of C$944.47 million, a P/E ratio of -97.70, a P/E/G ratio of 0.54 and a beta of 1.61. The stock's fifty day moving average price is C$10.19 and its two-hundred day moving average price is C$9.42.
Canaccord Genuity Group (TSE:CF - Get Free Report) last announced its quarterly earnings results on Thursday, November 7th. The financial services provider reported C$0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.22 by C($0.02). The company had revenue of C$428.64 million for the quarter, compared to the consensus estimate of C$440.60 million. Canaccord Genuity Group had a net margin of 0.18% and a return on equity of 3.45%. As a group, equities analysts predict that Canaccord Genuity Group Inc. will post 0.8618357 earnings per share for the current year.
Canaccord Genuity Group Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Friday, November 29th were issued a dividend of $0.085 per share. This represents a $0.34 annualized dividend and a yield of 3.48%. The ex-dividend date of this dividend was Friday, November 29th. Canaccord Genuity Group's dividend payout ratio is presently -340.00%.
About Canaccord Genuity Group
(
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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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