Canaccord Genuity Group Inc Forecasted to Earn Q2 2018 Earnings of $0.01 Per Share (CF)

Canaccord Genuity Group Inc (TSE:CF) – Equities researchers at Cormark issued their Q2 2018 earnings per share estimates for shares of Canaccord Genuity Group in a report released on Thursday. Cormark analyst J. Fenwick forecasts that the financial services provider will post earnings of $0.01 per share for the quarter. Cormark also issued estimates for Canaccord Genuity Group’s Q3 2018 earnings at $0.13 EPS, Q4 2018 earnings at $0.14 EPS, FY2018 earnings at $0.27 EPS and FY2019 earnings at $0.53 EPS.

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Separately, TD Securities raised their price objective on shares of Canaccord Genuity Group from C$6.50 to C$7.00 and gave the stock a “buy” rating in a report on Friday, August 4th.

Canaccord Genuity Group (CF) opened at 4.37 on Monday. Canaccord Genuity Group has a 12-month low of $3.53 and a 12-month high of $6.68. The stock’s 50 day moving average is $4.54 and its 200 day moving average is $4.99. The stock has a market capitalization of $405.99 million and a PE ratio of 23.75.

In related news, Director Dvaipayan Ghose sold 10,000 shares of the firm’s stock in a transaction on Thursday, August 24th. The shares were sold at an average price of C$5.00, for a total transaction of C$50,000.00.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Investors of record on Friday, September 1st were issued a dividend of $0.01 per share. The ex-dividend date of this dividend was Wednesday, August 30th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.92%.

Canaccord Genuity Group Company Profile

Canaccord Genuity Group Inc is a Canada-based independent financial services company. The Company has operations in two principal segments of the securities industry: wealth management and capital markets. The Company’s segments include Canaccord Genuity, Canaccord Genuity Wealth Management, and Corporate and Other.

Earnings History and Estimates for Canaccord Genuity Group (TSE:CF)

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