Canaccord Genuity Group Inc. (TSE:CF – Get Free Report) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$8.73 and traded as high as C$9.97. Canaccord Genuity Group shares last traded at C$9.95, with a volume of 102,124 shares traded.
Analyst Ratings Changes
A number of equities analysts have commented on the company. Raymond James decreased their target price on Canaccord Genuity Group from C$11.00 to C$10.00 and set a “buy” rating for the company in a research note on Wednesday, August 14th. Ventum Cap Mkts upgraded Canaccord Genuity Group to a “strong-buy” rating in a research note on Monday, August 12th. Finally, TD Securities dropped their target price on Canaccord Genuity Group from C$11.00 to C$10.00 in a research report on Tuesday, August 13th.
View Our Latest Analysis on CF
Canaccord Genuity Group Stock Down 0.2 %
Canaccord Genuity Group (TSE:CF – Get Free Report) last announced its earnings results on Thursday, August 8th. The financial services provider reported C$0.13 earnings per share for the quarter, missing the consensus estimate of C$0.21 by C($0.08). Canaccord Genuity Group had a net margin of 0.18% and a return on equity of 3.45%. The business had revenue of C$428.17 million for the quarter, compared to the consensus estimate of C$424.52 million. Sell-side analysts anticipate that Canaccord Genuity Group Inc. will post 0.8618357 EPS for the current fiscal year.
Canaccord Genuity Group Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 10th. Investors of record on Friday, August 30th were given a $0.085 dividend. The ex-dividend date was Friday, August 30th. This represents a $0.34 dividend on an annualized basis and a yield of 3.46%. Canaccord Genuity Group’s dividend payout ratio is presently -340.00%.
About Canaccord Genuity Group
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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