Home Capital Group Given Consensus Recommendation of “Hold” by Analysts (TSE:HCG)
Shares of Home Capital Group (TSE:HCG) have been given a consensus recommendation of “Hold” by the eleven analysts that are presently covering the company, AnalystRatingsNetwork reports. Six research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is C$61.63.
A number of analysts have recently weighed in on HCG shares. Analysts at TD Securities raised their price target on shares of Home Capital Group from C$54.00 to C$58.00 in a research note on Friday. Separately, analysts at Mackie raised their price target on shares of Home Capital Group from C$50.00 to C$56.00 in a research note on Friday. Finally, analysts at NBF raised their price target on shares of Home Capital Group from C$51.00 to C$55.00 in a research note on Friday.
Home Capital Group (TSE:HCG) traded up 2.04% during mid-day trading on Friday, hitting $52.96. 90,541 shares of the company’s stock traded hands. Home Capital Group has a 52 week low of $30.39 and a 52 week high of $52.26. The stock has a 50-day moving average of $48.78 and a 200-day moving average of $45.. The company has a market cap of $3.710 billion and a price-to-earnings ratio of 13.52.
Home Capital Group (TSE:HCG) last released its earnings data on Friday, August 1st. The company reported $1.04 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.01 by $0.03. Analysts expect that Home Capital Group will post $4.17 EPS for the current fiscal year.
The company also recently declared a Quarterly dividend, which is scheduled for Monday, September 1st. Shareholders of record on Monday, September 1st will be given a dividend of $0.18 per share. This represents a yield of 1.39%. The ex-dividend date of this dividend is Thursday, August 7th.
Home Capital Group Inc (TSE:HCG) is a Canada-based holding company.
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