Titan America SA (NYSE:TTAM) Plans Dividend of $0.38

Titan America SA (NYSE:TTAM - Get Free Report) announced a dividend on Tuesday, April 1st, investing.com reports. Shareholders of record on Monday, April 7th will be given a dividend of 0.38 per share on Tuesday, April 15th. This represents a yield of 5.73%. The ex-dividend date is Friday, April 4th.

Titan America Price Performance

Shares of NYSE TTAM traded down $0.72 during midday trading on Friday, hitting $12.24. 546,098 shares of the company's stock were exchanged, compared to its average volume of 506,079. Titan America has a 12-month low of $11.85 and a 12-month high of $17.78.

Titan America (NYSE:TTAM - Get Free Report) last released its quarterly earnings results on Wednesday, March 26th. The company reported $0.21 EPS for the quarter, missing analysts' consensus estimates of $0.22 by ($0.01). The business had revenue of $389.82 million for the quarter, compared to analyst estimates of $393.17 million.

Wall Street Analyst Weigh In

TTAM has been the topic of a number of research reports. BNP Paribas upgraded Titan America to a "hold" rating in a research report on Tuesday, March 4th. Bank of America decreased their price objective on Titan America from $16.50 to $15.50 and set a "neutral" rating on the stock in a report on Thursday, March 27th. Hsbc Global Res raised Titan America to a "strong-buy" rating in a research note on Wednesday, March 12th. Citigroup began coverage on shares of Titan America in a research note on Tuesday, March 4th. They set a "buy" rating and a $19.00 price target on the stock. Finally, Stifel Nicolaus cut their price objective on shares of Titan America from $19.00 to $16.00 and set a "buy" rating for the company in a research note on Friday, March 28th. Four research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $17.43.

About Titan America

Titan America is a leading vertically integrated, multi-regional manufacturer and supplier of heavy building materials and services operating primarily on the Eastern Seaboard of the United States (the “Eastern Seaboard”). We are a leading provider of materials that contribute to lower carbon emissions than traditional building materials and/or beneficial reuse of waste materials.