Horizon North Logistics Inc. (TSE:HNL) – Stock analysts at Cormark dropped their Q3 2017 EPS estimates for shares of Horizon North Logistics in a research note issued on Thursday. Cormark analyst J. Zhang now forecasts that the company will post earnings per share of ($0.02) for the quarter, down from their prior estimate of ($0.01). Cormark also issued estimates for Horizon North Logistics’ FY2017 earnings at ($0.10) EPS.

COPYRIGHT VIOLATION NOTICE: This piece was published by American Banking News and is the sole property of of American Banking News. If you are viewing this piece on another domain, it was illegally copied and reposted in violation of United States & international copyright law. The legal version of this piece can be accessed at https://www.americanbankingnews.com/2017/08/07/q3-2017-earnings-forecast-for-horizon-north-logistics-inc-issued-by-cormark-tsehnl.html.

Other research analysts have also recently issued research reports about the company. Raymond James Financial, Inc. raised Horizon North Logistics from a “market perform” rating to an “outperform” rating and set a C$2.00 price objective on the stock in a research note on Thursday, April 13th. Scotiabank dropped their price objective on Horizon North Logistics from C$3.00 to C$2.00 and set an “underperform” rating on the stock in a research note on Friday, May 5th.

Horizon North Logistics (TSE:HNL) opened at 1.27 on Monday. The stock’s market cap is $183.70 million. Horizon North Logistics has a 1-year low of $1.24 and a 1-year high of $2.35. The stock has a 50 day moving average price of $1.32 and a 200-day moving average price of $1.63.

The business also recently announced a quarterly dividend, which will be paid on Monday, October 16th. Shareholders of record on Saturday, September 30th will be issued a dividend of $0.02 per share. The ex-dividend date is Thursday, September 28th. This represents a $0.08 dividend on an annualized basis and a yield of 6.30%.

In related news, Director Ann Isabel Rooney bought 20,000 shares of the stock in a transaction on Friday, May 26th. The stock was bought at an average price of C$1.44 per share, for a total transaction of C$28,800.00. Also, Director Roderick William Graham bought 27,000 shares of the stock in a transaction on Monday, May 15th. The shares were bought at an average price of C$1.51 per share, with a total value of C$40,770.00.

About Horizon North Logistics

Horizon North Logistics Inc, a remote resource development service company, provides workforce accommodation solutions, camp management and catering services, and road and access matting solutions. It operates through two segments, Camps & Catering, and Rentals & Logistics. The Camps & Catering segment offers workforce accommodation, camp rental, and catering services; and manufactures and sells camps, as well as provides related transportation and installation services.

Earnings History and Estimates for Horizon North Logistics (TSE:HNL)

Receive News & Ratings for Horizon North Logistics Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Horizon North Logistics Inc. and related companies with MarketBeat.com's FREE daily email newsletter.