New Flyer Industries Inc Declares Dividend of C$0.04 (NFI)
New Flyer Industries (TSE:NFI) announced a dividend on Friday, August 15th, StockRatingsNetwork reports. Shareholders of record on Friday, August 29th will be paid a dividend of 0.0448 per share on Monday, September 15th. The ex-dividend date is Wednesday, August 27th.
A number of research firms have recently commented on NFI. Analysts at Canaccord Genuity upgraded shares of New Flyer Industries from a “hold” rating to a “buy” rating in a research note on Thursday, August 7th. They now have a C$14.00 price target on the stock, up previously from C$12.00. On a related note, analysts at CIBC raised their price target on shares of New Flyer Industries from C$13.00 to C$14.00 in a research note on Thursday, August 7th. They now have a “sector perform” rating on the stock.
New Flyer Industries (TSE:NFI) opened at 13.88 on Thursday. New Flyer Industries has a 52 week low of $9.84 and a 52 week high of $14.07. The stock’s 50-day moving average is $12.94 and its 200-day moving average is $11.96. The company has a market cap of $770.0 million and a P/E ratio of 24.21.
New Flyer Industries (TSE:NFI) last announced its earnings results on Thursday, August 7th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by $0.09. Analysts expect that New Flyer Industries will post $0.78 EPS for the current fiscal year.
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