Shares of Guardian Capital Group Limited (TSE:GCG - Get Free Report) hit a new 52-week low on Thursday . The stock traded as low as C$38.50 and last traded at C$38.52, with a volume of 2202 shares traded. The stock had previously closed at C$39.48.
Wall Street Analysts Forecast Growth
Separately, CIBC lifted their target price on shares of Guardian Capital Group from C$44.00 to C$47.00 and gave the company a "neutral" rating in a research report on Friday, March 7th.
Read Our Latest Stock Analysis on Guardian Capital Group
Guardian Capital Group Stock Performance
The company has a market cap of C$1.01 billion, a price-to-earnings ratio of 9.22 and a beta of 1.10. The stock's fifty day simple moving average is C$41.86 and its 200 day simple moving average is C$42.47. The company has a current ratio of 0.80, a quick ratio of 0.64 and a debt-to-equity ratio of 14.08.
Guardian Capital Group Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Thursday, April 17th will be issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 3.79%. The ex-dividend date is Friday, April 11th. This is a positive change from Guardian Capital Group's previous quarterly dividend of $0.37. Guardian Capital Group's payout ratio is currently 33.15%.
Guardian Capital Group Company Profile
(
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Guardian Capital Group Limited, through its subsidiaries, primarily engages in the provision of investment services to a range of clients in Canada, the United States, the United Kingdom, the Caribbean, and internationally. The company operates through two segments: Investment Management, and Corporate Activities and Investments.
Further Reading
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