Canaccord Genuity Group Inc. (TSE:CF – Get Free Report) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$8.62 and traded as high as C$8.84. Canaccord Genuity Group shares last traded at C$8.62, with a volume of 35,293 shares.
Analyst Ratings Changes
Several research firms have recently issued reports on CF. Cormark lifted their target price on shares of Canaccord Genuity Group from C$10.25 to C$11.50 in a report on Friday, June 7th. Raymond James lowered their target price on shares of Canaccord Genuity Group from C$11.00 to C$10.00 and set a “buy” rating for the company in a report on Wednesday, August 14th. TD Securities lowered their price objective on Canaccord Genuity Group from C$11.00 to C$10.00 in a research report on Tuesday, August 13th. Finally, Ventum Cap Mkts raised Canaccord Genuity Group to a “strong-buy” rating in a research report on Monday, August 12th.
View Our Latest Stock Analysis on Canaccord Genuity Group
Canaccord Genuity Group Stock Performance
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 analysts’ consensus estimates of C$0.21 by C($0.08). The company had revenue of C$428.17 million for the quarter, compared to analysts’ expectations of C$424.52 million. Canaccord Genuity Group had a net margin of 0.18% and a return on equity of 3.45%. Research analysts expect that Canaccord Genuity Group Inc. will post 0.8804903 earnings per share for the current fiscal year.
Canaccord Genuity Group Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 10th. Stockholders of record on Friday, August 30th were paid a $0.085 dividend. The ex-dividend date was Friday, August 30th. This represents a $0.34 annualized dividend and a dividend yield of 3.94%. Canaccord Genuity Group’s dividend payout ratio (DPR) is -340.00%.
Canaccord Genuity Group Company Profile
Canaccord Genuity Group Inc, a full-service financial services company, provides investment products, and investment banking and brokerage services to institutional, corporate, and private clients. It operates in two segments, Canaccord Genuity Capital Markets and Canaccord Genuity Wealth Management.
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