The Property Franchise Group PLC (LON:TPFG - Get Free Report)'s stock price shot up 0.1% on Thursday . The stock traded as high as GBX 554 ($7.57) and last traded at GBX 552.70 ($7.55). 55,194 shares were traded during trading, a decline of 66% from the average session volume of 162,115 shares. The stock had previously closed at GBX 552 ($7.54).
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group raised their price objective on shares of The Property Franchise Group from GBX 589 ($8.04) to GBX 595 ($8.13) and gave the company a "buy" rating in a research report on Tuesday, April 8th.
Read Our Latest Stock Analysis on TPFG
The Property Franchise Group Price Performance
The business's 50-day moving average price is GBX 501.72 and its 200-day moving average price is GBX 448.27. The firm has a market capitalization of £351.08 million, a PE ratio of 22.80 and a beta of 0.42.
The Property Franchise Group (LON:TPFG - Get Free Report) last posted its quarterly earnings results on Tuesday, April 8th. The company reported GBX 31.70 ($0.43) earnings per share (EPS) for the quarter. The Property Franchise Group had a net margin of 18.96% and a return on equity of 8.40%. On average, analysts anticipate that The Property Franchise Group PLC will post 34.5809601 EPS for the current fiscal year.
The Property Franchise Group Increases Dividend
The firm also recently disclosed a dividend, which was paid on Monday, April 21st. Investors of record on Thursday, April 17th were given a dividend of GBX 12 ($0.16) per share. This represents a yield of 2.93%. The ex-dividend date of this dividend was Thursday, April 17th. This is a positive change from The Property Franchise Group's previous dividend of $6.00. The Property Franchise Group's dividend payout ratio (DPR) is presently 53.71%.
The Property Franchise Group Company Profile
(
Get Free Report)
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.
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