Sprott (SII) Set to Announce Quarterly Earnings on Wednesday

Sprott (NYSE:SII) is set to issue its quarterly earnings data before the market opens on Wednesday, May 8th.

Sprott (NYSE:SII) last released its quarterly earnings data on Wednesday, February 21st. The company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($0.09). Sprott had a net margin of 27.34% and a return on equity of 14.19%. The business had revenue of $36.67 million during the quarter.

Sprott Stock Up 0.4 %

Shares of SII stock traded up $0.17 on Thursday, hitting $40.54. The company’s stock had a trading volume of 3,234 shares, compared to its average volume of 86,520. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.10 and a quick ratio of 2.10. Sprott has a fifty-two week low of $28.04 and a fifty-two week high of $42.43. The firm’s fifty day moving average price is $38.00 and its 200-day moving average price is $34.71. The stock has a market capitalization of $1.05 billion, a price-to-earnings ratio of 24.47 and a beta of 1.08.

Sprott Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 19th. Investors of record on Monday, March 4th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 2.47%. The ex-dividend date of this dividend was Friday, March 1st. Sprott’s payout ratio is presently 60.61%.

Wall Street Analyst Weigh In

Separately, TheStreet raised shares of Sprott from a “c+” rating to a “b-” rating in a research note on Thursday, January 18th.

Sprott Company Profile

Sprott Inc is a publicly owned asset management holding company. Through its subsidiaries, the firm provides asset management, portfolio management, wealth management, fund management, and administrative and consulting services to its clients. It offers mutual funds, hedge funds, and offshore funds, along with managed accounts.