Canaccord Genuity Group Inc. (CF) To Go Ex-Dividend on November 29th

Canaccord Genuity Group Inc. (TSE:CF) announced a quarterly dividend on Thursday, November 7th,Zacks Dividends reports. Shareholders of record on Friday, November 29th will be paid a dividend of 0.085 per share by the financial services provider on Tuesday, December 10th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 3.17%. The ex-dividend date is Friday, November 29th.

Canaccord Genuity Group Stock Up 1.5 %

Shares of CF stock opened at C$10.74 on Wednesday. Canaccord Genuity Group has a one year low of C$6.53 and a one year high of C$10.78. The company has a debt-to-equity ratio of 52.93, a current ratio of 1.21 and a quick ratio of 1.05. The stock has a fifty day moving average price of C$9.62 and a 200 day moving average price of C$8.97. The stock has a market cap of C$1.04 billion, a P/E ratio of -107.00, a price-to-earnings-growth ratio of 0.54 and a beta of 1.61.

Canaccord Genuity Group (TSE:CF) last posted its earnings results on Thursday, November 7th. The financial services provider reported C$0.20 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.22 by C($0.02). The business had revenue of C$428.64 million during the quarter, compared to the consensus estimate of C$440.60 million. Canaccord Genuity Group had a net margin of 0.18% and a return on equity of 3.45%. Analysts predict that Canaccord Genuity Group will post 0.8618357 earnings per share for the current year.

Wall Street Analysts Forecast Growth

CF has been the topic of several research analyst reports. Raymond James upped their price objective on shares of Canaccord Genuity Group from C$11.00 to C$13.00 in a research note on Monday, November 11th. Ventum Financial raised their price target on Canaccord Genuity Group from C$10.25 to C$12.00 in a report on Monday, November 11th. TD Securities boosted their price objective on Canaccord Genuity Group from C$10.00 to C$12.00 in a research note on Tuesday, November 12th. Ventum Cap Mkts upgraded Canaccord Genuity Group to a “strong-buy” rating in a report on Monday, August 12th. Finally, Cormark lifted their price target on Canaccord Genuity Group from C$11.50 to C$12.50 in a report on Tuesday, November 12th.

About Canaccord Genuity Group

Canaccord Genuity Group Inc operates as a full-service investment dealer in Canada, the United States, the United Kingdom, Europe, Crown Dependencies, and Australia. It operates through two segments: Canaccord Genuity Capital Markets and Canaccord Genuity Wealth Management. The Canaccord Genuity Capital Markets segment offers investment banking, advisory, research, and trading services for corporate, institutional, and government clients.