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Super Group (NYSE:SGHC) Releases Quarterly Earnings Results, Beats Expectations By $0.04 EPS

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Super Group (NYSE:SGHC - Get Free Report) announced its quarterly earnings data on Thursday. The company reported $0.13 earnings per share for the quarter, topping analysts' consensus estimates of $0.09 by $0.04, Zacks reports. Super Group had a net margin of 2.25% and a return on equity of 15.40%. The company had revenue of $517.61 million during the quarter, compared to analyst estimates of $413.00 million.

Super Group Trading Up 3.2 %

NYSE SGHC traded up $0.20 on Tuesday, hitting $6.54. 468,195 shares of the company traded hands, compared to its average volume of 589,634. The business's 50 day moving average price is $7.42 and its 200-day moving average price is $6.12. Super Group has a 52-week low of $2.90 and a 52-week high of $8.51. The company has a market capitalization of $3.26 billion, a price-to-earnings ratio of 108.28 and a beta of 1.05.

Super Group Announces Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 10th were paid a $0.04 dividend. The ex-dividend date of this dividend was Monday, March 10th. This represents a dividend yield of 3.6%. Super Group's dividend payout ratio (DPR) is 66.67%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on SGHC shares. Needham & Company LLC boosted their target price on Super Group from $9.00 to $10.00 and gave the stock a "buy" rating in a research report on Wednesday, February 26th. Benchmark reiterated a "buy" rating and issued a $10.00 price target on shares of Super Group in a research note on Monday, January 27th. Oppenheimer increased their price objective on shares of Super Group from $9.00 to $11.00 and gave the company an "outperform" rating in a research report on Wednesday, January 29th. BTIG Research assumed coverage on shares of Super Group in a report on Friday, March 28th. They issued a "buy" rating and a $9.00 target price on the stock. Finally, Canaccord Genuity Group increased their price target on Super Group from $10.00 to $11.00 and gave the company a "buy" rating in a report on Wednesday, February 26th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of $10.20.

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View Our Latest Stock Analysis on SGHC

Super Group Company Profile

(Get Free Report)

Super Group (SGHC) Limited operates as an online sports betting and gaming operator. It offers Betway, an online sports betting brand; and Spin, a multi-brand online casino offering. Super Group (SGHC) Limited is based in Saint Peter Port, Guernsey.

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Earnings History for Super Group (NYSE:SGHC)

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