Sprott (SII) Scheduled to Post Earnings on Wednesday

Sprott (TSE:SII - Get Free Report) is scheduled to announce its earnings results before the market opens on Wednesday, May 8th.

Sprott (TSE:SII - Get Free Report) last posted its earnings results on Wednesday, February 21st. The company reported C$0.52 earnings per share for the quarter. The company had revenue of C$49.93 million for the quarter. Sprott had a return on equity of 13.72% and a net margin of 24.73%.

Sprott Stock Performance

Shares of Sprott stock traded down C$0.14 during trading hours on Thursday, reaching C$55.30. 18,983 shares of the stock traded hands, compared to its average volume of 20,425. Sprott has a one year low of C$38.43 and a one year high of C$58.29. The firm has a market capitalization of C$1.43 billion, a price-to-earnings ratio of 25.34, a P/E/G ratio of -3.34 and a beta of 1.43. The company has a quick ratio of 2.89, a current ratio of 2.10 and a debt-to-equity ratio of 7.96. The company has a 50 day moving average price of C$51.66 and a 200 day moving average price of C$47.04.

Sprott Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 19th. Investors of record on Monday, March 4th were given a dividend of $0.336 per share. This represents a $1.34 annualized dividend and a yield of 2.43%. This is a positive change from Sprott's previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Friday, March 1st. Sprott's payout ratio is 61.64%.

Analyst Ratings Changes

Several research analysts have weighed in on SII shares. TD Securities increased their price target on shares of Sprott from C$55.00 to C$58.00 in a research report on Thursday, April 25th. Royal Bank of Canada raised their target price on Sprott from C$54.00 to C$59.00 and gave the stock a "sector perform" rating in a report on Monday.

Sprott Company Profile

Sprott Inc is a publicly owned asset management holding company. Through its subsidiaries, the firm provides asset management, portfolio management, wealth management, fund management, and administrative and consulting services to its clients. It offers mutual funds, hedge funds, and offshore funds, along with managed accounts.