H&T Group (LON:HAT) Posts Earnings Results

H&T Group (LON:HAT) issued its earnings results on Tuesday. The company reported GBX 51.17 ($0.67) earnings per share (EPS) for the quarter, Digital Look Earnings reports. H&T Group had a net margin of 9.06% and a return on equity of 12.14%.

H&T Group Stock Performance

Shares of H&T Group stock opened at GBX 400 ($5.20) on Thursday. The company has a market capitalization of £174.30 million, a PE ratio of 7.91 and a beta of 0.69. The company has a debt-to-equity ratio of 46.82, a quick ratio of 4.55 and a current ratio of 15.96. The company has a 50-day simple moving average of GBX 353.45 and a two-hundred day simple moving average of GBX 360.06. H&T Group has a one year low of GBX 325.50 ($4.23) and a one year high of GBX 440 ($5.72).

H&T Group Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, June 27th. Shareholders of record on Thursday, May 29th will be issued a GBX 11 ($0.14) dividend. The ex-dividend date is Thursday, May 29th. This is an increase from H&T Group’s previous dividend of $7.00. This represents a yield of 2.84%. H&T Group’s payout ratio is currently 35.61%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on HAT shares. Shore Capital reissued a “house stock” rating on shares of H&T Group in a research note on Tuesday. Canaccord Genuity Group lifted their price objective on H&T Group from GBX 531 ($6.91) to GBX 559 ($7.27) and gave the company a “buy” rating in a report on Tuesday.

About H&T Group

H&T is the UK’s largest pawnbroker and provides a range of financial services to meet customers’ needs. We are the 6th largest retailer of high quality pre-owned and new jewellery and watches.

Our ambition is to make pawnbroking a more widely accepted and valued finance service.