Q1 EPS Estimates for TSE:CF Cut by Raymond James Financial

Key Points

• Raymond James Financial has cut its Q1 2027 earnings per share (EPS) estimate for Canaccord Genuity Group from $0.32 to $0.28, indicating a cautious outlook.
• Canaccord Genuity Group has declared a quarterly dividend of $0.085 per share, with a yield of 3.5%, set to be paid on September 10th.
• The company's current market capitalization is approximately C$984.13 million, with shares recently trading down 1.8% at C$9.61.

Canaccord Genuity Group Inc. (TSE:CF - Free Report) - Investment analysts at Raymond James Financial reduced their Q1 2027 earnings per share (EPS) estimates for shares of Canaccord Genuity Group in a report released on Friday, August 8th. Raymond James Financial analyst S. Boland now forecasts that the financial services provider will post earnings of $0.28 per share for the quarter, down from their prior forecast of $0.32. The consensus estimate for Canaccord Genuity Group's current full-year earnings is $0.86 per share. Raymond James Financial also issued estimates for Canaccord Genuity Group's Q2 2027 earnings at $0.30 EPS, Q3 2027 earnings at $0.32 EPS, Q4 2027 earnings at $0.30 EPS and FY2027 earnings at $1.21 EPS.

Canaccord Genuity Group Trading Down 1.8%

Shares of TSE:CF opened at C$9.61 on Monday. Canaccord Genuity Group has a 12-month low of C$7.45 and a 12-month high of C$11.50. The business's fifty day simple moving average is C$10.30 and its 200-day simple moving average is C$9.23. The company has a market capitalization of C$984.13 million, a PE ratio of -40.26, a P/E/G ratio of 0.54 and a beta of 1.61. The company has a current ratio of 1.23, a quick ratio of 1.05 and a debt-to-equity ratio of 117.91.

Canaccord Genuity Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 10th. Shareholders of record on Wednesday, September 10th will be paid a dividend of $0.085 per share. This represents a $0.34 annualized dividend and a yield of 3.5%. The ex-dividend date is Friday, August 29th. Canaccord Genuity Group's payout ratio is presently -142.45%.

About Canaccord Genuity Group

Canaccord Genuity Group Inc, a full-service financial services company, provides investment products, and investment banking and brokerage services to institutional, corporate, and private clients. It operates in two segments, Canaccord Genuity Capital Markets and Canaccord Genuity Wealth Management.

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