Imvescor Restaurant Group Inc to Post FY2019 Earnings of $0.26 Per Share, Cormark Forecasts (IRG)
Imvescor Restaurant Group Inc (TSE:IRG) – Equities researchers at Cormark issued their FY2019 EPS estimates for shares of Imvescor Restaurant Group in a research report issued on Wednesday. Cormark analyst K. Mcphee expects that the company will post earnings of $0.26 per share for the year.
Separately, Acumen Capital reaffirmed a “buy” rating and issued a C$4.20 price target on shares of Imvescor Restaurant Group in a research report on Tuesday.
Imvescor Restaurant Group (IRG) opened at 3.70 on Thursday. The stock has a market cap of $224.15 million and a price-to-earnings ratio of 18.23. Imvescor Restaurant Group has a 1-year low of $2.57 and a 1-year high of $3.92. The firm has a 50-day moving average price of $3.80 and a 200 day moving average price of $3.49.
The business also recently declared a quarterly dividend, which will be paid on Friday, July 7th. Shareholders of record on Friday, July 7th will be given a $0.0225 dividend. This represents a $0.09 dividend on an annualized basis and a yield of 2.43%. The ex-dividend date is Wednesday, June 21st.
About Imvescor Restaurant Group
Imvescor Restaurant Group Inc is a Canada-based franchise and licensing company. Its operating segments are Franchising, Manufacturing and Corporate. The Franchising segment comprises franchising royalties, supplier contributions and franchise fees from the Company’s franchised restaurant brands, as well as retail royalties from the sales of branded products to retailers.
Receive News & Stock Ratings for Imvescor Restaurant Group Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Imvescor Restaurant Group Inc and related stocks with our FREE daily email newsletter.