Valener (TSE:VNR) will be announcing its earnings results before the market opens on Friday, February 9th.
Valener (TSE:VNR) last issued its earnings results on Friday, November 24th. The company reported C($0.07) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of C($0.05) by C($0.02). Valener had a negative net margin of 1,072.14% and a negative return on equity of 1.66%.
Shares of Valener (TSE:VNR) opened at C$22.13 on Friday. Valener has a one year low of C$20.31 and a one year high of C$23.28. The stock has a market cap of $861.89, a PE ratio of 13.17 and a beta of 0.03.
The company also recently announced a quarterly dividend, which was paid on Monday, January 15th. Investors of record on Sunday, December 31st were paid a $0.29 dividend. The ex-dividend date of this dividend was Thursday, December 28th. This represents a $1.16 annualized dividend and a yield of 5.24%. Valener’s dividend payout ratio (DPR) is currently 67.26%.
Several brokerages recently issued reports on VNR. BMO Capital Markets reiterated a “market perform” rating and issued a C$23.50 target price on shares of Valener in a research note on Monday, November 27th. National Bank Financial downgraded shares of Valener from a “sector perform overweight” rating to an “underperform” rating and cut their target price for the company from C$24.00 to C$22.00 in a research note on Monday.
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Valener Company Profile
Valener Inc is a Canada-based energy company. The Company holds interests in Gaz Metro Limited Partnership (Gaz Metro), whose core operations are natural gas distribution in Quebec and Vermont, as well as electricity distribution in Vermont. The Company also owns indirect interests in wind farms through its subsidiaries, Valener Eole Inc and Valener Eole 4 Inc, which have approximately 154 turbines and an installed capacity of 340 megawatts.
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