The Property Franchise Group (LON:TPFG) Trading 1.5% Higher - Time to Buy?

The Property Franchise Group PLC (LON:TPFG - Get Free Report)'s stock price rose 1.5% during trading on Wednesday . The stock traded as high as GBX 532 ($7.22) and last traded at GBX 528 ($7.16). Approximately 146,448 shares changed hands during mid-day trading, a decline of 1% from the average daily volume of 148,534 shares. The stock had previously closed at GBX 520 ($7.06).

Analyst Ratings Changes

Separately, Canaccord Genuity Group lifted their price objective on shares of The Property Franchise Group from GBX 589 ($7.99) to GBX 595 ($8.07) and gave the stock a "buy" rating in a research report on Tuesday, April 8th.

The Property Franchise Group Trading Up 0.8%

The business's 50-day moving average price is GBX 461.87 and its 200-day moving average price is GBX 433.99. The stock has a market cap of £342.85 million, a PE ratio of 22.27 and a beta of 0.42.

The Property Franchise Group (LON:TPFG - Get Free Report) last released its earnings results on Tuesday, April 8th. The company reported GBX 31.70 ($0.43) earnings per share for the quarter. The Property Franchise Group had a net margin of 18.96% and a return on equity of 8.40%. As a group, analysts predict that The Property Franchise Group PLC will post 34.5809601 earnings per share for the current year.

The Property Franchise Group Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, April 21st. Shareholders of record on Thursday, April 17th were paid a dividend of GBX 12 ($0.16) per share. This represents a yield of 2.93%. This is a boost from The Property Franchise Group's previous dividend of $6.00. The ex-dividend date of this dividend was Thursday, April 17th. The Property Franchise Group's payout ratio is presently 53.71%.

The Property Franchise Group Company Profile

The Property Franchise Group PLC AIM: TPFG is the UK's largest multi-brand property franchisor, with a network of over 1,946 outlets delivering high quality services to residential clients, combined with an established Financial Services business. The Company was founded in 1986 and has since strategically grown to a diverse portfolio of 18 brands operating throughout the UK, comprising longstanding high-street focused brands and two hybrid brands.