Canaccord Genuity Group Inc. (TSE:CF - Get Free Report)'s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$9.21 and traded as high as C$10.24. Canaccord Genuity Group shares last traded at C$10.20, with a volume of 77,634 shares changing hands.
Analyst Upgrades and Downgrades
A number of analysts have recently issued reports on CF shares. Ventum Financial lifted their price objective on shares of Canaccord Genuity Group from C$10.25 to C$12.00 in a report on Monday, November 11th. Cormark upped their price objective on Canaccord Genuity Group from C$11.50 to C$12.50 in a report on Tuesday, November 12th. Raymond James boosted their target price on Canaccord Genuity Group from C$11.00 to C$13.00 in a research report on Monday, November 11th. Finally, TD Securities increased 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.
Read Our Latest Analysis on Canaccord Genuity Group
Canaccord Genuity Group Trading Up 1.1 %
The company has a quick ratio of 1.05, a current ratio of 1.21 and a debt-to-equity ratio of 52.93. The firm has a market cap of C$986.03 million, a P/E ratio of -102.00, a PEG ratio of 0.54 and a beta of 1.61. The firm's fifty day moving average is C$10.33 and its two-hundred day moving average is C$9.21.
Canaccord Genuity Group (TSE:CF - Get Free Report) last posted its quarterly earnings data on Thursday, November 7th. The financial services provider reported C$0.20 earnings per share for the quarter, missing the consensus estimate of C$0.22 by C($0.02). Canaccord Genuity Group had a net margin of 0.18% and a return on equity of 3.45%. The firm had revenue of C$428.64 million for the quarter, compared to the consensus estimate of C$440.60 million. Analysts predict that Canaccord Genuity Group Inc. will post 0.8618357 earnings per share for the current fiscal year.
Canaccord Genuity Group Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Friday, November 29th were paid a dividend of $0.085 per share. This represents a $0.34 dividend on an annualized basis and a dividend yield of 3.33%. The ex-dividend date of this dividend was Friday, November 29th. Canaccord Genuity Group's dividend 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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