Canaccord Genuity Group Inc (TSE:CF) – Stock analysts at Cormark dropped their Q4 2019 earnings per share estimates for shares of Canaccord Genuity Group in a research note issued on Thursday. Cormark analyst J. Fenwick now forecasts that the financial services provider will earn $0.15 per share for the quarter, down from their previous estimate of $0.18.

Separately, TD Securities cut Canaccord Genuity Group from a “buy” rating to a “hold” rating and raised their target price for the stock from C$6.00 to C$6.50 in a research report on Monday, February 5th.

Shares of Canaccord Genuity Group (TSE CF) opened at C$5.93 on Monday. Canaccord Genuity Group has a 12-month low of C$4.08 and a 12-month high of C$6.85. The firm has a market capitalization of $673.12, a P/E ratio of 45.62 and a beta of 1.25.

In related news, Director Terrence Lyons acquired 5,400 shares of the company’s stock in a transaction on Thursday, February 8th. The stock was purchased at an average cost of C$5.74 per share, for a total transaction of C$30,996.00. Also, Director Marcus Geoffrey John Freeman acquired 13,300 shares of the company’s stock in a transaction on Tuesday, November 14th. The shares were bought at an average price of C$4.34 per share, with a total value of C$57,722.00. Over the last ninety days, insiders purchased 112,900 shares of company stock valued at $519,212.

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Friday, March 2nd will be given a $0.01 dividend. The ex-dividend date is Thursday, March 1st. This represents a $0.04 annualized dividend and a yield of 0.67%. Canaccord Genuity Group’s dividend payout ratio (DPR) is currently 23.08%.

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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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