Horizon North Logistics Inc. to Post Q1 2018 Earnings of $0.00 Per Share, National Bank Financial Forecasts (HNL)
Horizon North Logistics Inc. (TSE:HNL) – Stock analysts at National Bank Financial issued their Q1 2018 earnings per share estimates for Horizon North Logistics in a report released on Tuesday. National Bank Financial analyst G. Colman forecasts that the company will post earnings of $0.00 per share for the quarter. National Bank Financial currently has a “Outperform” rating and a $1.90 target price on the stock. National Bank Financial also issued estimates for Horizon North Logistics’ Q2 2018 earnings at ($0.02) EPS, Q3 2018 earnings at $0.00 EPS and Q4 2018 earnings at $0.00 EPS.
A number of other research analysts have also weighed in on the company. Raymond James Financial lowered Horizon North Logistics from an “outperform” rating to a “market perform” rating and cut their price objective for the company from C$2.15 to C$1.60 in a report on Tuesday. Scotiabank set a C$1.50 price objective on Horizon North Logistics and gave the company an “underperform” rating in a report on Tuesday.
The business also recently announced a quarterly dividend, which will be paid on Monday, January 15th. Investors of record on Friday, December 29th will be issued a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a yield of 5.10%. The ex-dividend date is Thursday, December 28th. Horizon North Logistics’s dividend payout ratio (DPR) is -100.00%.
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About Horizon North Logistics
Horizon North Logistics Inc (Horizon North) is a Canada-based is a remote resource development service company. The Company provides workforce accommodation solutions, camp management and catering services, and road and access matting solutions. The Company’s segments include Camps & Catering, Matting and Corporate.
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