DHX Media (NASDAQ:DHXM) gapped up before the market opened on Friday . The stock had previously closed at $5.40, but opened at $5.46. DHX Media shares last traded at $5.88, with a volume of 17,927 shares.

DHXM has been the topic of several research analyst reports. TD Securities reissued a “buy” rating and issued a $9.50 target price (down from $11.00) on shares of DHX Media in a research report on Thursday, May 5th. Royal Bank Of Canada initiated coverage on shares of DHX Media in a research report on Wednesday, May 11th. They issued an “outperform” rating and a $10.00 target price on the stock. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $10.20.

The firm has a market cap of $719.06 million and a PE ratio of 28.75. The company’s 50-day moving average is $5.05 and its 200-day moving average is $5.40.

The firm also recently declared a quarterly dividend, which was paid on Monday, June 20th. Shareholders of record on Monday, May 30th were given a $0.0125 dividend. This represents a $0.05 annualized dividend and a yield of 0.87%. The ex-dividend date of this dividend was Wednesday, May 25th. This is an increase from DHX Media’s previous quarterly dividend of $0.01.

DHX Media Ltd. is a Canada-based children’s entertainment company. The Company’s business is producing, distributing, broadcasting and exploiting the rights for television and film programming, primarily focusing on children, youth and family productions. Its segments include its production, distribution and merchandising operations; Copyright Promotions Licensing Group (CPLG), and DHX Television.

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