Information Services Co. (TSE:ISV - Free Report) - Investment analysts at Cormark lowered their FY2025 earnings estimates for Information Services in a research note issued on Thursday, November 7th. Cormark analyst J. Pytlak now forecasts that the company will post earnings per share of $2.63 for the year, down from their prior estimate of $2.69. The consensus estimate for Information Services' current full-year earnings is $2.22 per share.
Information Services (TSE:ISV - Get Free Report) last issued its earnings results on Tuesday, November 5th. The company reported C$0.60 earnings per share (EPS) for the quarter. Information Services had a net margin of 8.75% and a return on equity of 12.37%. The company had revenue of C$60.93 million during the quarter, compared to analysts' expectations of C$63.40 million.
A number of other research analysts have also recently weighed in on the stock. Royal Bank of Canada raised their price objective on shares of Information Services from C$27.00 to C$30.00 in a research note on Friday, August 9th. CIBC raised their price objective on shares of Information Services from C$34.00 to C$35.00 in a research note on Thursday.
Read Our Latest Stock Analysis on Information Services
Information Services Price Performance
Information Services stock traded down C$0.17 during mid-day trading on Monday, reaching C$28.26. The company had a trading volume of 1,164 shares, compared to its average volume of 5,355. The company has a debt-to-equity ratio of 99.98, a current ratio of 0.74 and a quick ratio of 1.69. The stock's 50-day simple moving average is C$28.53 and its 200-day simple moving average is C$26.96. Information Services has a 1 year low of C$19.72 and a 1 year high of C$30.00. The company has a market capitalization of C$512.35 million, a P/E ratio of 24.94, a P/E/G ratio of 1.19 and a beta of 0.59.
Information Services Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be given a dividend of $0.23 per share. The ex-dividend date is Tuesday, December 31st. This represents a $0.92 dividend on an annualized basis and a yield of 3.26%. Information Services's dividend payout ratio (DPR) is currently 80.70%.
About Information Services
(
Get Free Report)
Information Services Corporation provides registry and information management services for public data and records in Canada. It operates through three segments: Registry Operations, Services, and Technology Solutions. The company provides land titles registry services that issues titles to land and registers transactions affecting titles; land survey services, which registers land survey plans and creates a representation of Saskatchewan land parcels in the cadastral parcel mapping system; and geomatics services that manages geographic data in relation to the cadastral parcel mapping system.
Featured Articles
Before you consider Information Services, 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 Information Services wasn't on the list.
While Information Services currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
