The Property Franchise Group (LON:TPFG) Announces Quarterly Earnings Results

The Property Franchise Group (LON:TPFG - Get Free Report) released its earnings results on Tuesday. The company reported GBX 31.70 ($0.41) earnings per share for the quarter, Digital Look Earnings reports. The Property Franchise Group had a return on equity of 8.40% and a net margin of 18.96%.

The Property Franchise Group Price Performance

Shares of LON TPFG traded up GBX 5.29 ($0.07) during mid-day trading on Friday, reaching GBX 411.29 ($5.38). The company's stock had a trading volume of 862,494 shares, compared to its average volume of 111,244. The stock has a fifty day moving average of GBX 428.50 and a two-hundred day moving average of GBX 422.50. The firm has a market capitalization of £261.59 million, a PE ratio of 16.99 and a beta of 0.42. The Property Franchise Group has a 52 week low of GBX 336.55 ($4.40) and a 52 week high of GBX 490 ($6.41).

The Property Franchise Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, April 21st. Stockholders of record on Thursday, April 17th will be given a GBX 12 ($0.16) dividend. This represents a dividend yield of 2.93%. This is an increase from The Property Franchise Group's previous dividend of $6.00. The ex-dividend date is Thursday, April 17th. The Property Franchise Group's payout ratio is presently 53.71%.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group increased their target price on shares of The Property Franchise Group from GBX 589 ($7.71) to GBX 595 ($7.78) and gave the stock a "buy" rating in a report on Tuesday, April 8th.

Insider Buying and Selling

In other The Property Franchise Group news, insider Michelle Brook sold 8,788 shares of the stock in a transaction dated Monday, February 17th. The shares were sold at an average price of GBX 439 ($5.74), for a total transaction of £38,579.32 ($50,476.67). 19.92% of the stock is owned by insiders.

The Property Franchise Group Company Profile

The Property Franchise Group PLC AIM: TPFG is the UK's largest multi-brand property franchisor, with a network of over 1,946 outlets delivering high quality services to residential clients, combined with an established Financial Services business. The Company was founded in 1986 and has since strategically grown to a diverse portfolio of 18 brands operating throughout the UK, comprising longstanding high-street focused brands and two hybrid brands.