Information Services Co. (ISV) To Go Ex-Dividend on June 28th

Information Services Co. (TSE:ISV) declared a quarterly dividend on Tuesday, May 7th, Zacks reports. Stockholders of record on Sunday, June 30th will be given a dividend of 0.23 per share on Monday, July 15th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 3.59%. The ex-dividend date is Friday, June 28th.

Information Services Price Performance

TSE ISV traded down C$0.13 during trading hours on Thursday, hitting C$25.62. The company had a trading volume of 600 shares, compared to its average volume of 5,342. The company has a debt-to-equity ratio of 110.89, a quick ratio of 1.69 and a current ratio of 0.76. The firm has a market capitalization of C$461.16 million, a price-to-earnings ratio of 18.43, a PEG ratio of 1.19 and a beta of 0.61. Information Services has a 52 week low of C$19.22 and a 52 week high of C$28.65. The firm has a 50 day simple moving average of C$26.21 and a 200 day simple moving average of C$23.54.

Information Services (TSE:ISV) last issued its quarterly earnings data on Tuesday, March 12th. The company reported C$0.54 EPS for the quarter. Information Services had a net margin of 11.68% and a return on equity of 15.44%. The company had revenue of C$57.49 million during the quarter, compared to analysts’ expectations of C$54.00 million. Equities research analysts expect that Information Services will post 1.750167 earnings per share for the current year.

Insider Buying and Selling at Information Services

In other Information Services news, Senior Officer Katherine Hillman-Weir sold 12,311 shares of the company’s stock in a transaction that occurred on Tuesday, March 26th. The stock was sold at an average price of C$27.44, for a total value of C$337,813.84. Company insiders own 30.05% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on ISV. Royal Bank of Canada lifted their price objective on Information Services from C$24.00 to C$27.00 and gave the company a “sector perform” rating in a research note on Thursday, March 14th. Raymond James boosted their price objective on Information Services from C$27.00 to C$34.00 and gave the stock an “outperform” rating in a report on Thursday, March 14th. Finally, CIBC upped their price objective on shares of Information Services from C$31.00 to C$32.00 in a research report on Thursday, March 14th.

Information Services Company Profile

Information Services Corporation provides registry and information management services for public data and records in Canada. It operates through three segments: Registry Operations, Services, and Technology Solutions. The company provides land titles registry services that issues titles to land and registers transactions affecting titles; land survey services, which registers land survey plans and creates a representation of Saskatchewan land parcels in the cadastral parcel mapping system; and geomatics services that manages geographic data in relation to the cadastral parcel mapping system.