Amica Mature Lifestyles (ACC) Posts Quarterly Earnings, Hits Estimates
Amica Mature Lifestyles (TSE:ACC) posted its quarterly earnings results on Tuesday. The company reported $0.13 EPS for the quarter, meeting the analysts’ consensus estimate of $0.13, Analyst Ratings Net reports.
Amica Mature Lifestyles (TSE:ACC) opened at 7.57 on Tuesday. Amica Mature Lifestyles has a one year low of $7.11 and a one year high of $9.15. The stock has a 50-day moving average of $7.31 and a 200-day moving average of $7.58. The company’s market cap is $233.1 million.
The company also recently announced a quarterly dividend, which is scheduled for Monday, September 15th. Stockholders of record on Friday, August 29th will be paid a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a dividend yield of 5.52%.
Several analysts have recently commented on the stock. Analysts at CIBC cut their price target on shares of Amica Mature Lifestyles from C$8.50 to C$8.00 in a research note on Tuesday. On the ratings front, analysts at Canaccord Genuity cut their price target on shares of Amica Mature Lifestyles from C$9.40 to C$8.40 in a research note on Tuesday. Finally, analysts at BMO Capital Markets downgraded shares of Amica Mature Lifestyles from an “outperform” rating to a “market perform” rating in a research note on Thursday, June 12th. They now have a C$8.60 price target on the stock, down previously from C$9.00. One analyst has rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of C$9.00.
Amica Mature Lifestyles Inc (TSE:ACC) is engaged in the design, development, marketing, management and ownership of luxury seniors’ residences.
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