Canaccord Genuity Group Inc (TSE:CF) – Investment analysts at Cormark increased their Q3 2019 earnings estimates for Canaccord Genuity Group in a report issued on Thursday, November 15th. Cormark analyst J. Fenwick now expects that the financial services provider will earn $0.24 per share for the quarter, up from their prior estimate of $0.20. Cormark also issued estimates for Canaccord Genuity Group’s FY2019 earnings at $0.86 EPS, Q1 2020 earnings at $0.21 EPS, Q2 2020 earnings at $0.22 EPS and Q4 2020 earnings at $0.24 EPS.

Separately, TD Securities cut their target price on shares of Canaccord Genuity Group from C$9.00 to C$8.50 and set a “buy” rating on the stock in a research note on Thursday, November 15th.

CF stock opened at C$6.84 on Monday. The company has a quick ratio of 1.08, a current ratio of 1.18 and a debt-to-equity ratio of 17.67. Canaccord Genuity Group has a fifty-two week low of C$4.43 and a fifty-two week high of C$7.49.

In related news, Director Dvaipayan Ghose purchased 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 6th. The stock was purchased at an average cost of C$6.80 per share, with a total value of C$68,000.00. Also, Director Stuart Raftus purchased 300,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 14th. The shares were bought at an average cost of C$6.51 per share, with a total value of C$1,953,000.00. Insiders bought 413,500 shares of company stock valued at $2,729,331 over the last three months.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 10th. Stockholders of record on Friday, November 30th will be issued a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.58%. The ex-dividend date of this dividend is Thursday, November 29th. Canaccord Genuity Group’s payout ratio is currently 18.96%.

Canaccord Genuity Group Company Profile

Canaccord Genuity Group Inc, an independent and full-service financial services company, provides investment solutions, and brokerage and investment banking services to individual, institutional, corporate, and government clients. It operates in two segments, Canaccord Genuity and Canaccord Genuity Wealth Management.

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Earnings History and Estimates for Canaccord Genuity Group (TSE:CF)

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