Clarus Securities Weighs in on DHX Media Ltd.’s FY2019 Earnings (DHX)
DHX Media Ltd. (TSE:DHX) – Stock analysts at Clarus Securities increased their FY2019 earnings estimates for DHX Media in a research note issued to investors on Wednesday. Clarus Securities analyst J. Mackay now anticipates that the company will post earnings of $0.49 per share for the year, up from their prior estimate of $0.39. Clarus Securities has a “Speculative Buy” rating on the stock.
Separately, National Bank Financial lowered DHX Media from an “outperform market weight” rating to a “sector perform market weight” rating in a research report on Thursday, September 28th.
The company also recently announced a quarterly dividend, which will be paid on Monday, December 18th. Stockholders of record on Tuesday, November 28th will be given a $0.02 dividend. This represents a $0.08 annualized dividend and a dividend yield of 0.91%. The ex-dividend date is Monday, November 27th.
About DHX Media
DHX Media Ltd. (DHX) is a Canada-based company engaged in the supply and distribution of television and film productions. The Company creates, produces and licenses of family entertainment rights. DHX owns, markets and distributes over 8,500 half hours of children’s entertainment content, and exploits owned properties through its consumer products licensing business.
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