High Liner Foods Inc (TSE:HLF – Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$12.59 and traded as high as C$13.45. High Liner Foods shares last traded at C$13.39, with a volume of 8,300 shares traded.
Wall Street Analysts Forecast Growth
A number of analysts have commented on the stock. Cormark increased their price target on shares of High Liner Foods from C$17.00 to C$18.25 in a research note on Wednesday, March 6th. BMO Capital Markets lifted their price target on High Liner Foods from C$13.50 to C$14.00 in a report on Thursday, March 7th.
View Our Latest Stock Analysis on High Liner Foods
High Liner Foods Stock Up 0.1 %
High Liner Foods (TSE:HLF – Get Free Report) last issued its quarterly earnings data on Tuesday, May 14th. The company reported C$0.74 earnings per share for the quarter, beating the consensus estimate of C$0.44 by C$0.30. The company had revenue of C$373.40 million for the quarter, compared to analyst estimates of C$407.59 million. High Liner Foods had a net margin of 2.93% and a return on equity of 8.34%. As a group, sell-side analysts expect that High Liner Foods Inc will post 1.7705803 EPS for the current year.
High Liner Foods Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Saturday, June 15th. Shareholders of record on Saturday, June 15th were given a dividend of $0.15 per share. The ex-dividend date was Friday, May 31st. This represents a $0.60 annualized dividend and a yield of 4.48%. High Liner Foods’s dividend payout ratio (DPR) is presently 47.24%.
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.
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