Insider Buying: Guardian Capital Group Limited (TSE:GCG) Senior Officer Acquires C$22,215.00 in Stock

Guardian Capital Group Limited (TSE:GCGGet Free Report) Senior Officer Matthew Dean Turner acquired 500 shares of the stock in a transaction dated Wednesday, May 15th. The stock was acquired at an average cost of C$44.43 per share, for a total transaction of C$22,215.00.

Guardian Capital Group Stock Performance

Shares of GCG opened at C$45.00 on Friday. Guardian Capital Group Limited has a one year low of C$39.41 and a one year high of C$52.13. The company has a 50-day moving average of C$47.51 and a two-hundred day moving average of C$45.66. The stock has a market cap of C$123.30 million, a price-to-earnings ratio of 11.28 and a beta of 1.12. The company has a debt-to-equity ratio of 12.63, a current ratio of 0.63 and a quick ratio of 0.64.

Guardian Capital Group (TSE:GCGGet Free Report) last announced its earnings results on Thursday, February 22nd. The financial services provider reported C$2.68 EPS for the quarter. The company had revenue of C$62.25 million during the quarter. Guardian Capital Group had a net margin of 233.40% and a return on equity of 10.09%. On average, equities research analysts expect that Guardian Capital Group Limited will post 2.781875 earnings per share for the current year.

Guardian Capital Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 18th. Investors of record on Thursday, July 11th will be issued a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 3.29%. The ex-dividend date of this dividend is Thursday, July 11th. Guardian Capital Group’s dividend payout ratio is currently 37.09%.

Analyst Ratings Changes

Separately, Scotiabank lowered their price objective on shares of Guardian Capital Group from C$58.00 to C$55.00 and set an “outperform” rating on the stock in a research note on Tuesday.

Get Our Latest Research Report on GCG

Guardian Capital Group Company Profile

(Get Free Report)

Guardian Capital Group Limited, through its subsidiaries, primarily engages in the provision of investment services to a range of clients in Canada, the United States, the United Kingdom, the Caribbean, and internationally. The company operates through two segments: Investment Management, and Corporate Activities and Investments.

Further Reading

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