Recent Investment Analysts’ Ratings Updates for Fiera Capital (FSZ)

Fiera Capital (TSE: FSZ) has recently received a number of price target changes and ratings updates:

• 7/29/2024 – Fiera Capital was downgraded by analysts at National Bankshares, Inc. from a “sector perform” rating to an “underperform” rating. They now have a C$8.00 price target on the stock, up previously from C$7.00.
• 7/28/2024 – Fiera Capital was downgraded by analysts at National Bank Financial from a “hold” rating to a “strong sell” rating.
• 7/24/2024 – Fiera Capital had its price target raised by analysts at Scotiabank from C$8.50 to C$9.00.
• 7/19/2024 – Fiera Capital had its price target raised by analysts at CIBC from C$7.25 to C$9.00.
• 7/17/2024 – Fiera Capital had its price target raised by analysts at TD Securities from C$7.50 to C$8.00. They now have a “hold” rating on the stock.

Fiera Capital Stock Down 0.9 %

Shares of TSE:FSZ opened at C$8.10 on Friday. The stock’s 50-day moving average price is C$7.62 and its two-hundred day moving average price is C$7.53. The company has a current ratio of 1.34, a quick ratio of 1.05 and a debt-to-equity ratio of 243.00. Fiera Capital Co. has a 12-month low of C$4.32 and a 12-month high of C$9.01. The firm has a market cap of C$700.25 million, a price-to-earnings ratio of 13.73, a PEG ratio of -0.87 and a beta of 0.85.

Fiera Capital (TSE:FSZ) last issued its quarterly earnings results on Wednesday, May 8th. The company reported C$0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.19 by C$0.06. The firm had revenue of C$168.12 million for the quarter, compared to analyst estimates of C$160.30 million. Fiera Capital had a return on equity of 23.90% and a net margin of 9.84%. On average, research analysts forecast that Fiera Capital Co. will post 1.0296736 EPS for the current year.

Fiera Capital Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 20th. Stockholders of record on Monday, May 20th were paid a $0.215 dividend. This represents a $0.86 annualized dividend and a dividend yield of 10.62%. The ex-dividend date was Thursday, May 16th. Fiera Capital’s dividend payout ratio is currently 145.76%.

Fiera Capital Corporation is an employee owned investment manager. The firm primarily provides its services to institutional investors, mutual funds, charitable organizations, and private clients. It manages separate client-focused equity, fixed income, and balanced portfolios. The firm also launches and manages equity, fixed income, and balanced mutual funds and income trusts for its clients.