Pizza Pizza Royalty Corp. (TSE:PZA – Get Free Report)’s share price hit a new 52-week low on Thursday . The stock traded as low as C$12.19 and last traded at C$12.54, with a volume of 73393 shares trading hands. The stock had previously closed at C$12.65.
Analyst Upgrades and Downgrades
PZA has been the subject of several research reports. TD decreased their target price on Pizza Pizza Royalty from C$14.00 to C$12.00 and set a “hold” rating for the company in a research report on Tuesday, May 19th. TD Securities upgraded shares of Pizza Pizza Royalty to a “hold” rating in a research note on Friday, July 24th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat, Pizza Pizza Royalty currently has a consensus rating of “Hold” and an average price target of C$14.00.
Read Our Latest Analysis on PZA
Pizza Pizza Royalty Stock Performance
Pizza Pizza Royalty Dividend Announcement
The company also recently declared a monthly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 15th were paid a $0.0675 dividend. The ex-dividend date was Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 6.5%. Pizza Pizza Royalty’s dividend payout ratio (DPR) is presently 98.09%.
About Pizza Pizza Royalty
Pizza Pizza Royalty Corp., through its subsidiary, Pizza Pizza Royalty Limited Partnership, owns and franchises quick-service restaurants under the Pizza Pizza and Pizza73 brands. It offers a flavorful, varied and high-quality menu to pizza-lovers of all ages and tastes and it is composed of more than 600 traditional and non-traditional restaurants coast to coast, employing over 3,000 Canadians. The business activity of the group primarily functions through Canada.
Further Reading
- Five stocks we like better than Pizza Pizza Royalty
- What Tesla Stands to Lose If It Walks Away From China
- Disney Sets Up for a Magical Year in 2027
- Astera Labs’ Post-Earnings Pullback May Be Last Chance to Buy Below $360
- McDonald’s Stock Sell-Off: Justified Warning or Buying Opportunity?
Receive News & Ratings for Pizza Pizza Royalty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pizza Pizza Royalty and related companies with MarketBeat.com's FREE daily email newsletter.
