Mullen Group Ltd. (MTL) Announces Aug 14 Dividend of C$0.10
Mullen Group (TSE:MTL) declared a aug 14 dividend on Monday, August 18th, AnalystRatings.NET reports. Stockholders of record on Sunday, August 31st will be given a dividend of 0.10 per share on Monday, September 15th.
A number of analysts have recently weighed in on MTL shares. Analysts at FirstEnergy Capital cut their price target on shares of Mullen Group from C$33.00 to C$31.50 in a research note on Friday, July 25th. They now have a “market perform” rating on the stock. On a related note, analysts at Scotiabank cut their price target on shares of Mullen Group from C$30.00 to C$29.00 in a research note on Friday, July 25th. They now have a “sector perform” rating on the stock. Finally, analysts at CIBC cut their price target on shares of Mullen Group from C$33.00 to C$32.00 in a research note on Friday, July 25th. They now have a “sector perform” rating on the stock. Eight research analysts have rated the stock with a hold rating, Mullen Group has an average rating of “Hold” and a consensus target price of C$30.00.
Mullen Group (TSE:MTL) traded down 0.21% on Monday, hitting $27.96. The stock had a trading volume of 65,699 shares. Mullen Group has a 52-week low of $24.30 and a 52-week high of $31.34. The stock’s 50-day moving average is $29.39 and its 200-day moving average is $28.59. The company has a market cap of $2.561 billion and a price-to-earnings ratio of 19.06.
Mullen Group (TSE:MTL) last issued its quarterly earnings data on Friday, July 25th. The company reported $0.16 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.24 by $0.08. On average, analysts predict that Mullen Group will post $1.56 earnings per share for the current fiscal year.
Mullen Group Ltd. (TSE:MTL) is a provider of specialized transportation and related services to the oil and natural gas industry in western Canada and is a supplier of trucking and logistics services in Canada.
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