Guardian Capital Group (TSE:GCG) Sets New 52-Week High – Still a Buy?

Guardian Capital Group Limited (TSE:GCG)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$67.52 and last traded at C$67.31, with a volume of 1606 shares traded. The stock had previously closed at C$67.17.

Guardian Capital Group Trading Up 0.2%

The firm has a market cap of C$1.65 billion, a PE ratio of 9.00 and a beta of 0.70. The company has a debt-to-equity ratio of 14.08, a quick ratio of 0.64 and a current ratio of 0.80. The stock has a 50-day simple moving average of C$67.09 and a two-hundred day simple moving average of C$58.11.

Guardian Capital Group (TSE:GCG) last announced its quarterly earnings data on Thursday, November 13th. The financial services provider reported C$2.89 earnings per share (EPS) for the quarter. The company had revenue of C$91.96 million during the quarter. Guardian Capital Group had a return on equity of 8.33% and a net margin of 37.41%. As a group, sell-side analysts anticipate that Guardian Capital Group Limited will post 2.1803191 EPS for the current year.

Guardian Capital Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Friday, October 17th were issued a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 2.3%. The ex-dividend date was Friday, October 10th. Guardian Capital Group’s payout ratio is presently 20.32%.

Guardian Capital Group Company Profile

Guardian Capital Group Ltd is a diversified financial services company. It operates in two main business areas, Asset Management and Financial Advisory. Guardian offers institutional and private wealth investment management services; financial services to international investors; services to financial advisors in its national mutual fund dealer, securities dealer, and insurance distribution network; and maintains and manages a proprietary investment portfolio. The company operates in three main business segments: the Investment Management segment; the Financial Advisory segment; and the Corporate Activities and Investments segment.