Fundamental Research Reiterates “C$167.49” Price Target for Olympia Financial Group (TSE:OLY)

Fundamental Research set a C$167.49 price target on Olympia Financial Group (TSE:OLY) in a research report report published on Tuesday,BayStreet.CA reports. The firm currently has a buy rating on the health services provider’s stock.

Olympia Financial Group Stock Performance

Shares of OLY opened at C$120.14 on Tuesday. The company has a debt-to-equity ratio of 13.18, a quick ratio of 1.59 and a current ratio of 180.32. The stock has a 50-day moving average of C$118.29 and a two-hundred day moving average of C$117.99. The stock has a market cap of C$289.06 million, a P/E ratio of 14.56 and a beta of 0.21. Olympia Financial Group has a one year low of C$99.50 and a one year high of C$134.24.

Olympia Financial Group (TSE:OLY) last issued its quarterly earnings results on Friday, February 27th. The health services provider reported C$1.83 earnings per share for the quarter. Olympia Financial Group had a net margin of 20.20% and a return on equity of 45.15%. The company had revenue of C$24.11 million for the quarter. As a group, research analysts predict that Olympia Financial Group will post 3.06 EPS for the current year.

Olympia Financial Group Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 31st will be paid a dividend of $0.60 per share. The ex-dividend date is Friday, March 20th. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. Olympia Financial Group’s dividend payout ratio (DPR) is presently 87.27%.

Insider Transactions at Olympia Financial Group

In other news, insider Neil Robert Mccullagh acquired 512 shares of the company’s stock in a transaction dated Friday, February 6th. The shares were acquired at an average price of C$115.00 per share, with a total value of C$58,880.00. Following the purchase, the insider directly owned 4,454 shares of the company’s stock, valued at C$512,210. This trade represents a 12.99% increase in their ownership of the stock. Insiders own 34.63% of the company’s stock.

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”.