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
(
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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.
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