Olympia Financial Group (TSE:OLY) Shares Up 1.8% – Still a Buy?

Olympia Financial Group Inc. (TSE:OLY)’s share price rose 1.8% on Tuesday . The company traded as high as C$114.00 and last traded at C$113.98. Approximately 1,241 shares were traded during trading, a decline of 62% from the average daily volume of 3,230 shares. The stock had previously closed at C$112.01.

Wall Street Analyst Weigh In

Separately, Fundamental Research set a C$166.83 target price on Olympia Financial Group and gave the company a “buy” rating in a report on Tuesday, December 2nd. One analyst has rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of C$166.83.

Olympia Financial Group Stock Up 1.8%

The firm has a 50-day moving average price of C$114.68 and a two-hundred day moving average price of C$120.43. The firm has a market cap of C$274.24 million, a price-to-earnings ratio of 12.78 and a beta of 0.06. The company has a debt-to-equity ratio of 6.00, a quick ratio of 1.59 and a current ratio of 3.32.

Olympia Financial Group (TSE:OLY) last announced its quarterly earnings results on Thursday, November 13th. The health services provider reported C$1.93 earnings per share (EPS) for the quarter. Olympia Financial Group had a return on equity of 64.95% and a net margin of 23.82%.The firm had revenue of C$23.80 million during the quarter. On average, sell-side analysts forecast that Olympia Financial Group Inc. will post 3.06 earnings per share for the current year.

Olympia Financial Group Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Wednesday, December 31st. Investors of record on Wednesday, December 31st were given a $0.60 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date of this dividend was Thursday, December 18th. Olympia Financial Group’s dividend payout ratio (DPR) is 80.72%.

Insider Buying and Selling

In related news, Director Anthony Lanzl purchased 300 shares of Olympia Financial Group stock in a transaction that occurred on Friday, November 21st. The stock was purchased at an average cost of C$115.00 per share, with a total value of C$34,500.00. Following the completion of the transaction, the director directly owned 5,871 shares in the company, valued at approximately C$675,165. The trade was a 5.39% increase in their ownership of the stock. In the last quarter, insiders have acquired 1,000 shares of company stock worth $114,905 and have sold 2,500 shares worth $284,640. 34.63% of the stock is owned by corporate insiders.

Olympia Financial Group Company Profile

Olympia Financial Group Inc is engaged in providing financial services. The company’s operating segments are Private Health Services Plan division which markets, sells and administers health and dental benefits to business owners; Investment Account Services division specializes in registered account administration; The Currency and Global Payments division provides corporations and private clients a personalized service for buying and selling foreign currencies; The Exempt Edge division is focused on Onboarding fees; The Corporate and Shareholder Services division, which acts as a cost centre and the Corporate Division.