Canaccord Genuity Group Inc (TSE:CF) – Research analysts at Cormark dropped their Q4 2019 earnings per share estimates for shares of Canaccord Genuity Group in a report issued on Thursday. Cormark analyst J. Fenwick now forecasts that the financial services provider will earn $0.15 per share for the quarter, down from their previous estimate of $0.18.
Separately, TD Securities decreased their price target on Canaccord Genuity Group from C$7.00 to C$6.00 and set a “buy” rating on the stock in a research report on Wednesday, November 8th.
Shares of Canaccord Genuity Group (CF) traded up C$0.23 during midday trading on Monday, hitting C$6.50. The company had a trading volume of 252,316 shares, compared to its average volume of 346,777. Canaccord Genuity Group has a 52 week low of C$4.08 and a 52 week high of C$6.85. The company has a market capitalization of $711.72, a PE ratio of 15.68 and a beta of 1.25.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Friday, March 2nd will be given a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.62%. The ex-dividend date is Thursday, March 1st. Canaccord Genuity Group’s dividend payout ratio is presently 7.50%.
In other Canaccord Genuity Group news, Director Dvaipayan Ghose sold 10,000 shares of Canaccord Genuity Group stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of C$6.30, for a total value of C$63,000.00. Also, Director Terrence Lyons bought 5,400 shares of the firm’s stock in a transaction on Thursday, February 8th. The stock was acquired at an average price of C$5.74 per share, for a total transaction of C$30,996.00.
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About Canaccord Genuity Group
Canaccord Genuity Group Inc is a Canada-based independent financial services company. The Company has operations in two principal segments of the securities industry: wealth management and capital markets. The Company’s segments include Canaccord Genuity, Canaccord Genuity Wealth Management, and Corporate and Other.
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