Olympia Financial Group (TSE:OLY) Sets New 12-Month High - Should You Buy?

Key Points

• Olympia Financial Group (TSE:OLY) reached a new 52-week high of C$132.00, with recent trading volume totaling 1,905 shares.
• Analysts from Fundamental Research have set a price target of C$147.91 and assigned a "buy" rating for the company's stock.
• The company has announced a monthly dividend of $0.60, yielding 5.4%, with a payout ratio of 70.86% as of now.

Olympia Financial Group Inc. (TSE:OLY - Get Free Report)'s stock price reached a new 52-week high during trading on Monday . The company traded as high as C$132.00 and last traded at C$132.00, with a volume of 1905 shares traded. The stock had previously closed at C$131.20.

Analyst Ratings Changes

Separately, Fundamental Research set a C$147.91 price target on Olympia Financial Group and gave the stock a "buy" rating in a research note on Wednesday, May 21st. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, Olympia Financial Group currently has an average rating of "Buy" and a consensus price target of C$147.91.

Olympia Financial Group Stock Down 0.5%

The company has a debt-to-equity ratio of 6.00, a current ratio of 3.32 and a quick ratio of 1.59. The stock's fifty day simple moving average is C$124.13 and its 200-day simple moving average is C$112.84. The stock has a market cap of C$315.23 million, a P/E ratio of 12.89 and a beta of 0.27.

Olympia Financial Group Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, August 29th. Investors of record on Friday, August 29th will be issued a $0.60 dividend. The ex-dividend date of this dividend is Wednesday, August 20th. This represents a c) annualized dividend and a dividend yield of 5.5%. Olympia Financial Group's dividend payout ratio (DPR) is 70.86%.

Olympia Financial Group Company Profile

Olympia Financial Group Inc is engaged in providing financial services. The company's operating segments are Private Health Services Plan division which markets, sells and administers health and dental benefits to business owners; Investment Account Services division specializes in registered account administration; The Currency and Global Payments division provides corporations and private clients a personalized service for buying and selling foreign currencies; The Exempt Edge division is focused on Onboarding fees; The Corporate and Shareholder Services division, which acts as a cost centre and the Corporate Division.