MDA Ltd. (TSE:MDA - Get Free Report) announced a quarterly dividend on Friday, April 12th, Zacks reports. Shareholders of record on Wednesday, May 1st will be given a dividend of 0.01 per share on Wednesday, May 22nd. This represents a $0.04 dividend on an annualized basis and a yield of 0.27%. The ex-dividend date of this dividend is Tuesday, April 30th.
MDA Stock Performance
MDA stock traded up C$0.04 during mid-day trading on Friday, reaching C$14.73. The company had a trading volume of 78,195 shares, compared to its average volume of 227,460. The company has a quick ratio of 1.00, a current ratio of 1.22 and a debt-to-equity ratio of 49.31. The stock has a market capitalization of C$1.76 billion, a P/E ratio of 36.83 and a beta of 0.12. MDA has a one year low of C$6.21 and a one year high of C$15.39. The stock's 50-day simple moving average is C$14.47 and its two-hundred day simple moving average is C$12.64.
MDA (TSE:MDA - Get Free Report) last issued its quarterly earnings results on Wednesday, February 28th. The company reported C$0.23 EPS for the quarter, beating analysts' consensus estimates of C$0.05 by C$0.18. The company had revenue of C$205.00 million for the quarter, compared to analyst estimates of C$208.30 million. MDA had a return on equity of 4.73% and a net margin of 6.04%. Research analysts anticipate that MDA will post 0.6595552 EPS for the current year.
Insider Activity
In other news, Director John Carter Risley sold 100,000 shares of MDA stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of C$15.01, for a total transaction of C$1,500,660.00. 13.18% of the stock is owned by corporate insiders.
Analysts Set New Price Targets
A number of research analysts recently issued reports on MDA shares. BMO Capital Markets lifted their target price on MDA from C$13.00 to C$15.00 and gave the stock a "market perform" rating in a report on Thursday, February 29th. Royal Bank of Canada lifted their price target on MDA from C$15.00 to C$16.00 and gave the stock an "outperform" rating in a research note on Tuesday, February 27th. Finally, Scotiabank lifted their price target on MDA from C$17.00 to C$18.50 and gave the stock an "outperform" rating in a research note on Wednesday, April 10th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of C$14.88.
View Our Latest Stock Report on MDA
About MDA
(
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MDA Ltd. designs, manufactures, and services space robotics, satellite systems and components, and intelligence systems in Canada, the United States, Europe, Asia, the Middle East, and internationally. The company offers geointelligence solutions that use satellite-generated imagery and analytic services to deliver critical and value-added insights in the areas of national security, climate change monitoring, and maritime surveillance; owns and operates commercial data distribution for its satellite RADARSAT-2; and distributes high resolution optical imagery, satellite-based automatic identification system data, and radio-frequency data for other third-party missions.
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