High Liner Foods Inc (HLF) To Go Ex-Dividend on December 1st

High Liner Foods Inc (TSE:HLF) announced a quarterly dividend on Monday, December 1st, TickerTech Dividends reports. Investors of record on Monday, December 15th will be given a dividend of 0.175 per share on Monday, December 15th. This represents a c) annualized dividend and a yield of 5.2%. The ex-dividend date is Monday, December 1st.

High Liner Foods Stock Performance

HLF stock traded up C$0.25 during trading on Friday, reaching C$13.56. 60,336 shares of the company’s stock were exchanged, compared to its average volume of 28,808. The company has a quick ratio of 0.38, a current ratio of 2.66 and a debt-to-equity ratio of 55.83. High Liner Foods has a 1-year low of C$13.13 and a 1-year high of C$19.07. The company’s fifty day moving average price is C$15.64 and its 200-day moving average price is C$16.77. The firm has a market cap of C$390.73 million, a PE ratio of 11.79 and a beta of 0.73.

High Liner Foods (TSE:HLF) last issued its quarterly earnings data on Wednesday, November 5th. The company reported C$0.14 earnings per share for the quarter. The business had revenue of C$346.63 million for the quarter. High Liner Foods had a net margin of 6.31% and a return on equity of 15.27%. On average, research analysts expect that High Liner Foods will post 1.9858934 EPS for the current fiscal year.

Analysts Set New Price Targets

HLF has been the subject of a number of research analyst reports. Royal Bank Of Canada set a C$20.00 price target on shares of High Liner Foods and gave the stock a “sector perform” rating in a research note on Thursday, September 18th. BMO Capital Markets decreased their price target on High Liner Foods from C$20.50 to C$17.50 in a research note on Monday, November 10th. Finally, Raymond James Financial downgraded High Liner Foods from a “moderate buy” rating to a “hold” rating and dropped their price objective for the stock from C$22.00 to C$16.00 in a research note on Friday, November 7th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, High Liner Foods has a consensus rating of “Moderate Buy” and an average price target of C$18.63.

High Liner Foods Company Profile

High Liner Foods is the leading North American processor and marketer of value-added frozen seafood. Their retail branded products are sold throughout the United States, Canada and Mexico under the High Liner, Fisher Boy, Sea Cuisine and C. Wirthy & Co labels, and are available in most grocery and club stores.