Olympia Financial Group (TSE:OLY) Announces Earnings Results

Olympia Financial Group (TSE:OLY) issued its quarterly earnings data on Thursday. The health services provider reported C$2.32 earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of C$22.06 million during the quarter. Olympia Financial Group had a net margin of 20.20% and a return on equity of 45.15%.

Olympia Financial Group Stock Performance

TSE OLY traded down C$0.64 on Thursday, hitting C$122.75. 1,010 shares of the stock were exchanged, compared to its average volume of 1,929. The business’s fifty day moving average is C$121.37 and its 200 day moving average is C$117.70. Olympia Financial Group has a 52 week low of C$105.25 and a 52 week high of C$134.24. The company has a market capitalization of C$295.34 million, a PE ratio of 14.88 and a beta of 0.32. The company has a debt-to-equity ratio of 13.18, a current ratio of 180.32 and a quick ratio of 1.59.

Olympia Financial Group Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 29th will be given a dividend of $0.60 per share. This represents a c) annualized dividend and a yield of 5.9%. The ex-dividend date of this dividend is Wednesday, May 20th. Olympia Financial Group’s dividend payout ratio is 87.27%.

Wall Street Analysts Forecast Growth

Separately, Fundamental Research set a C$167.49 price objective on shares of Olympia Financial Group and gave the company a “buy” rating in a report on Tuesday, March 17th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of C$167.49.

Olympia Financial Group Company Profile

Olympia Financial Group Inc (“OFGI”) conducts most of its operations through its subsidiary Olympia Trust Company, a non-deposit taking trust company. Olympia Trust Company is licensed to conduct trust activities in Alberta, British Columbia, Saskatchewan, Manitoba, Quebec, Newfoundland and Labrador, Prince Edward Island, New Brunswick, and Nova Scotia. Olympia Trust Company administers self-directed registered plan accounts, corporate trust, and transfer agency services. OFGI also provides currency exchange and global payment services through its subsidiary Olympia Currency and Global Payments Inc, and offers private health services plans and information technology services to exempt market dealers, registrants, and issuers through its subsidiary Olympia Benefits Inc OFGI’s common shares are listed on the Toronto Stock Exchange under the symbol “OLY”.