Shares of Canaccord Genuity Group Inc. (TSE:CF - Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$8.79 and traded as high as C$10.05. Canaccord Genuity Group shares last traded at C$10.02, with a volume of 87,077 shares trading hands.
Analysts Set New Price Targets
A number of research analysts have weighed in on the company. Ventum Cap Mkts raised Canaccord Genuity Group to a "strong-buy" rating in a research note on Monday, August 12th. TD Securities reduced their price target on Canaccord Genuity Group from C$11.00 to C$10.00 in a research note on Tuesday, August 13th. Finally, Raymond James reduced their price target on Canaccord Genuity Group from C$11.00 to C$10.00 and set a "buy" rating on the stock in a research note on Wednesday, August 14th.
Get Our Latest Analysis on CF
Canaccord Genuity Group Trading Down 0.6 %
The company has a market cap of C$962.83 million, a PE ratio of -99.60, a price-to-earnings-growth ratio of 0.54 and a beta of 1.61. The business has a 50 day simple moving average of C$9.00 and a two-hundred day simple moving average of C$8.81. The company has a current ratio of 1.21, a quick ratio of 1.05 and a debt-to-equity ratio of 52.93.
Canaccord Genuity Group (TSE:CF - Get Free Report) last released its quarterly earnings data on Thursday, August 8th. The financial services provider reported C$0.13 EPS for the quarter, missing analysts' consensus estimates of C$0.21 by C($0.08). The firm had revenue of C$428.17 million for the quarter, compared to analyst estimates of C$424.52 million. Canaccord Genuity Group had a return on equity of 3.45% and a net margin of 0.18%. On average, analysts forecast that Canaccord Genuity Group Inc. will post 0.8618357 EPS for the current fiscal year.
Canaccord Genuity Group Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 10th. Stockholders of record on Friday, August 30th were issued a dividend of $0.085 per share. The ex-dividend date of this dividend was Friday, August 30th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 3.41%. Canaccord Genuity Group's payout ratio is -340.00%.
Canaccord Genuity Group Company Profile
(
Get Free Report)
Canaccord Genuity Group Inc operates as a full-service investment dealer in Canada, the United States, the United Kingdom, Europe, Crown Dependencies, and Australia. It operates through two segments: Canaccord Genuity Capital Markets and Canaccord Genuity Wealth Management. The Canaccord Genuity Capital Markets segment offers investment banking, advisory, research, and trading services for corporate, institutional, and government clients.
See Also
Before you consider Canaccord Genuity Group, 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 Canaccord Genuity Group wasn't on the list.
While Canaccord Genuity Group currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
