Canaccord Genuity Group Inc (TSE:CF) – Stock analysts at Cormark increased their FY2018 earnings estimates for Canaccord Genuity Group in a research report issued to clients and investors on Thursday. Cormark analyst J. Fenwick now anticipates that the financial services provider will post earnings per share of $0.53 for the year, up from their previous estimate of $0.41. Cormark also issued estimates for Canaccord Genuity Group’s Q4 2018 earnings at $0.22 EPS, Q1 2019 earnings at $0.16 EPS and FY2019 earnings at $0.69 EPS.

Separately, TD Securities cut their price objective on shares of Canaccord Genuity Group from C$7.00 to C$6.00 and set a “buy” rating on the stock in a report on Wednesday, November 8th.

Canaccord Genuity Group (CF) opened at C$5.93 on Friday. Canaccord Genuity Group has a fifty-two week low of C$4.08 and a fifty-two week high of C$6.85. The stock has a market cap of $673.12, a PE ratio of 45.62 and a beta of 1.25.

In other news, Director Terrence Lyons bought 5,400 shares of the company’s stock in a transaction that occurred on Thursday, February 8th. The shares were purchased at an average price of C$5.74 per share, for a total transaction of C$30,996.00. Also, Director Marcus Geoffrey John Freeman bought 94,200 shares of the company’s stock in a transaction that occurred on Thursday, November 16th. The stock was purchased at an average price of C$4.57 per share, for a total transaction of C$430,494.00. In the last 90 days, insiders have bought 112,900 shares of company stock worth $519,212.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Friday, March 2nd will be issued a dividend of $0.01 per share. The ex-dividend date of this dividend is Thursday, March 1st. This represents a $0.04 annualized dividend and a dividend yield of 0.67%. Canaccord Genuity Group’s dividend payout ratio (DPR) is currently 23.08%.

COPYRIGHT VIOLATION WARNING: This piece of content was first posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this piece of content on another website, it was copied illegally and reposted in violation of U.S. and international trademark & copyright law. The correct version of this piece of content can be viewed at https://www.thecerbatgem.com/2018/02/11/cormark-comments-on-canaccord-genuity-group-incs-fy2018-earnings-cf.html.

Canaccord Genuity Group Company Profile

Canaccord Genuity Group Inc is a Canada-based independent financial services company. The Company has operations in two principal segments of the securities industry: wealth management and capital markets. The Company’s segments include Canaccord Genuity, Canaccord Genuity Wealth Management, and Corporate and Other.

Earnings History and Estimates for Canaccord Genuity Group (TSE:CF)

Receive News & Ratings for Canaccord Genuity Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canaccord Genuity Group and related companies with MarketBeat.com's FREE daily email newsletter.