Fiera Capital Corp (TSE:FSZ) declared a quarterly dividend on Friday, May 17th, TickerTech reports. Shareholders of record on Tuesday, June 18th will be given a dividend of 0.21 per share on Tuesday, June 18th. This represents a $0.84 dividend on an annualized basis and a yield of 6.89%. The ex-dividend date is Friday, May 17th.
FSZ stock opened at C$12.19 on Thursday. The company has a quick ratio of 1.09, a current ratio of 1.35 and a debt-to-equity ratio of 79.23. The company has a market capitalization of $1.28 billion and a price-to-earnings ratio of -230.00. Fiera Capital has a twelve month low of C$10.54 and a twelve month high of C$13.35.
Fiera Capital (TSE:FSZ) last released its quarterly earnings data on Friday, March 22nd. The company reported C$0.29 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of C$0.24 by C$0.05. The business had revenue of C$156.96 million during the quarter, compared to analyst estimates of C$145.70 million. On average, research analysts predict that Fiera Capital will post 1.37999995217822 earnings per share for the current fiscal year.
FSZ has been the subject of a number of recent analyst reports. CIBC raised their price objective on Fiera Capital from C$14.50 to C$15.00 in a research report on Monday, April 29th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a C$14.00 price objective on shares of Fiera Capital in a research report on Tuesday, April 30th. National Bank Financial cut their price objective on Fiera Capital from C$16.00 to C$15.00 and set an “outperform” rating for the company in a research report on Monday, March 25th. Finally, BMO Capital Markets cut Fiera Capital from an “outperform” rating to a “market perform” rating and cut their price objective for the company from C$14.00 to C$12.50 in a research report on Monday, April 1st. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of C$14.00.
About Fiera Capital
Fiera Capital Corporation is an employee owned investment manager. The firm primarily provides its services to institutional investors, mutual funds, charitable organizations, and private clients. It manages separate client-focused equity, fixed income, and balanced portfolios. The firm also launches and manages equity, fixed income, and balanced mutual funds and income trusts for its clients.
Further Reading: Debt-To-Equity Ratio
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