Olympia Financial Group (TSE:OLY) Releases Quarterly Earnings Results

Olympia Financial Group (TSE:OLY) posted its earnings results on Thursday. The health services provider reported C$2.32 earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of C$22.06 million for the quarter. Olympia Financial Group had a return on equity of 45.15% and a net margin of 20.20%.

Olympia Financial Group Price Performance

OLY stock opened at C$123.50 on Friday. The firm has a 50 day moving average price of C$121.38 and a 200-day moving average price of C$117.74. Olympia Financial Group has a 52-week low of C$105.54 and a 52-week high of C$134.24. The firm has a market capitalization of C$297.14 million, a price-to-earnings ratio of 14.97 and a beta of 0.32. The company has a debt-to-equity ratio of 13.18, a quick ratio of 1.59 and a current ratio of 180.32.

Olympia Financial Group Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 29th will be issued a dividend of $0.60 per share. This represents a c) annualized dividend and a dividend yield of 5.8%. The ex-dividend date is Wednesday, May 20th. Olympia Financial Group’s dividend payout ratio (DPR) is presently 87.27%.

Analyst Ratings Changes

Separately, Fundamental Research set a C$167.49 price objective on shares of Olympia Financial Group and gave the stock a “buy” rating in a report on Tuesday, March 17th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Olympia Financial Group has an average rating of “Buy” and a consensus price target of C$167.49.

About Olympia Financial Group

Olympia Financial Group Inc (“OFGI”) conducts most of its operations through its subsidiary Olympia Trust Company, a non-deposit taking trust company. Olympia Trust Company is licensed to conduct trust activities in Alberta, British Columbia, Saskatchewan, Manitoba, Quebec, Newfoundland and Labrador, Prince Edward Island, New Brunswick, and Nova Scotia. Olympia Trust Company administers self-directed registered plan accounts, corporate trust, and transfer agency services. OFGI also provides currency exchange and global payment services through its subsidiary Olympia Currency and Global Payments Inc, and offers private health services plans and information technology services to exempt market dealers, registrants, and issuers through its subsidiary Olympia Benefits Inc OFGI’s common shares are listed on the Toronto Stock Exchange under the symbol “OLY”.