Super Group (SGHC) Limited (SGHC) To Go Ex-Dividend on June 23rd

Super Group (SGHC) Limited (NYSE:SGHC) declared a quarterly dividend on Thursday, June 11th. Shareholders of record on Tuesday, June 23rd will be paid a dividend of 0.05 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Tuesday, June 23rd.

Super Group (SGHC) has a dividend payout ratio of 29.0% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Super Group (SGHC) to earn $0.89 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 22.5%.

Super Group (SGHC) Price Performance

Shares of Super Group (SGHC) stock opened at $13.49 on Friday. The business has a 50 day simple moving average of $12.48 and a two-hundred day simple moving average of $11.26. Super Group has a 12 month low of $8.46 and a 12 month high of $14.38. The stock has a market capitalization of $6.83 billion, a P/E ratio of 27.93 and a beta of 1.08. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.61 and a quick ratio of 1.61.

Super Group (SGHC) (NYSE:SGHC) last announced its earnings results on Saturday, April 18th. The company reported $0.13 EPS for the quarter. Super Group (SGHC) had a return on equity of 42.85% and a net margin of 10.58%.The business had revenue of $578.00 million during the quarter. As a group, analysts predict that Super Group will post 0.8 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have commented on SGHC. Benchmark increased their target price on Super Group (SGHC) from $17.00 to $18.00 and gave the company a “buy” rating in a report on Tuesday, February 24th. Citizens Jmp upped their price target on Super Group (SGHC) from $16.00 to $17.00 and gave the company a “market outperform” rating in a research report on Wednesday, May 20th. Wall Street Zen upgraded Super Group (SGHC) from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Weiss Ratings upgraded Super Group (SGHC) from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, May 18th. Finally, Zacks Research lowered Super Group (SGHC) from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. Seven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Super Group (SGHC) has an average rating of “Moderate Buy” and a consensus price target of $17.57.

Super Group (SGHC) Company Profile

Super Group (NYSE: SGHC) is a global sports betting and iGaming operator that offers online wagering and gaming solutions under well-known brands such as Betway and Spin. The company’s technology platform supports fixed-odds and in-play sports betting, virtual sports, eSports wagering and a diverse suite of casino games, including slots, table games and live dealer experiences. Super Group’s digital infrastructure is designed to deliver a seamless, secure user experience across desktop and mobile devices.

The company holds operating licenses in multiple regulated jurisdictions, including the United Kingdom, Malta, Italy, Spain and selected states in the United States.