Dexterra Group Inc. (TSE:DXT – Get Free Report) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$6.35 and last traded at C$6.35, with a volume of 40920 shares. The stock had previously closed at C$6.29.
Wall Street Analysts Forecast Growth
DXT has been the subject of several analyst reports. Raymond James increased their price objective on Dexterra Group from C$8.00 to C$8.50 in a research report on Thursday, August 8th. TD Securities lifted their price objective on Dexterra Group from C$5.50 to C$6.00 and gave the company a “hold” rating in a research note on Wednesday, August 7th. Finally, Scotiabank dropped their target price on Dexterra Group from C$7.00 to C$6.50 and set a “sector perform” rating on the stock in a report on Friday, May 17th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of C$7.75.
Check Out Our Latest Stock Report on DXT
Dexterra Group Stock Performance
Dexterra Group Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be paid a dividend of $0.087 per share. The ex-dividend date is Monday, September 30th. This represents a $0.35 annualized dividend and a yield of 5.45%. Dexterra Group’s dividend payout ratio is presently 76.09%.
Insider Buying and Selling at Dexterra Group
In other news, Senior Officer Robert Johnston bought 9,200 shares of Dexterra Group stock in a transaction dated Wednesday, June 5th. The shares were acquired at an average cost of C$5.45 per share, with a total value of C$50,140.00. 51.53% of the stock is currently owned by corporate insiders.
Dexterra Group Company Profile
Dexterra Group Inc engages in the provision of support services for the creation, management, and operation of infrastructure in Canada. It operates through three segments: Integrated Facilities Management (IFM); Modular Solutions; and Workforce Accommodations, Forestry and Energy Services (WAFES). The IFM segment delivers operation and maintenance solutions for built assets and infrastructure in the public and private sectors, including aviation, defense, education, rail, healthcare, and leisure.
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