Canaccord Genuity Group Inc. (CF) To Go Ex-Dividend on June 19th

Canaccord Genuity Group Inc. (TSE:CF) declared a quarterly dividend on Friday, June 19th, TickerTech Dividends reports. Stockholders of record on Tuesday, June 30th will be given a dividend of 0.10 per share by the financial services provider on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Friday, June 19th.

Canaccord Genuity Group Stock Up 1.4%

TSE CF opened at C$14.91 on Wednesday. Canaccord Genuity Group has a 52 week low of C$9.01 and a 52 week high of C$15.11. The company has a quick ratio of 1.05, a current ratio of 1.14 and a debt-to-equity ratio of 104.59. The business’s fifty day simple moving average is C$12.69 and its 200-day simple moving average is C$12.18. The firm has a market cap of C$1.50 billion, a PE ratio of -10.28, a P/E/G ratio of 0.54 and a beta of 1.32.

Canaccord Genuity Group (TSE:CF) last posted its quarterly earnings results on Wednesday, June 3rd. The financial services provider reported C$0.48 EPS for the quarter. Canaccord Genuity Group had a negative return on equity of 17.40% and a negative net margin of 5.94%.The business had revenue of C$612.69 million for the quarter. As a group, equities analysts anticipate that Canaccord Genuity Group will post 0.8618357 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Ventum Financial lifted their price target on Canaccord Genuity Group from C$15.50 to C$16.50 and gave the stock a “buy” rating in a report on Friday, June 5th. TD Securities lifted their price target on Canaccord Genuity Group from C$14.00 to C$16.00 and gave the stock a “buy” rating in a report on Wednesday, February 18th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Canaccord Genuity Group currently has an average rating of “Buy” and a consensus target price of C$16.25.

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. The Canaccord Genuity Capital Markets segment offers investment banking, advisory, research, merger and acquisition, sales, and trading services. The Canaccord Genuity Wealth Management segment provides wealth management solutions, and brokerage and financial planning services to individual investors, private clients, charities, and intermediaries.