Shares of Pizza Pizza Royalty Corp. (TSE:PZA – Get Free Report) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$11.46 and last traded at C$11.51, with a volume of 54154 shares trading hands. The stock had previously closed at C$11.87.
Analyst Upgrades and Downgrades
Several brokerages recently commented on PZA. TD Securities upgraded Pizza Pizza Royalty to a “hold” rating in a report on Friday, July 24th. TD lowered their price objective on shares of Pizza Pizza Royalty from C$14.00 to C$12.00 and set a “hold” rating for the company in a research report on Tuesday, May 19th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of C$14.00.
Check Out Our Latest Stock Report on Pizza Pizza Royalty
Pizza Pizza Royalty Price Performance
Pizza Pizza Royalty Dividend Announcement
The firm also recently declared a monthly dividend, which was paid on Wednesday, July 15th. Investors of record on Wednesday, July 15th were paid a $0.0675 dividend. The ex-dividend date was Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 7.1%. Pizza Pizza Royalty’s payout ratio is 100.00%.
About Pizza Pizza Royalty
Pizza Pizza Royalty Corp., through its subsidiary, Pizza Pizza Royalty Limited Partnership, owns and franchises quick-service restaurants under the Pizza Pizza and Pizza73 brands. It offers a flavorful, varied and high-quality menu to pizza-lovers of all ages and tastes and it is composed of more than 600 traditional and non-traditional restaurants coast to coast, employing over 3,000 Canadians. The business activity of the group primarily functions through Canada.
Further Reading
- Five stocks we like better than Pizza Pizza Royalty
- Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For
- AI Is Making Cybersecurity Harder to Ignore—These 3 ETFs Offer a Broad Bet
- Campbell’s Dividend Cut May Reset the Stock, But the Turnaround Still Has to Deliver
- Copper Is the AI Trade No One Priced In—3 Miners With the Most to Gain
Receive News & Ratings for Pizza Pizza Royalty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pizza Pizza Royalty and related companies with MarketBeat.com's FREE daily email newsletter.
