WSP Global Inc. (TSE:WSP) Plans $0.38 Quarterly Dividend

WSP Global Inc. (TSE:WSP - Get Free Report) declared a quarterly dividend on Wednesday, May 8th, Zacks reports. Shareholders of record on Sunday, June 30th will be given a dividend of 0.375 per share on Monday, July 15th. This represents a $1.50 dividend on an annualized basis and a yield of 0.68%. The ex-dividend date is Friday, June 28th.

WSP Global Price Performance

WSP traded up C$3.41 on Friday, hitting C$219.03. 137,182 shares of the stock were exchanged, compared to its average volume of 162,497. The company has a debt-to-equity ratio of 67.33, a current ratio of 1.15 and a quick ratio of 1.04. WSP Global has a 12 month low of C$166.75 and a 12 month high of C$230.98. The firm has a market capitalization of C$27.31 billion, a price-to-earnings ratio of 49.67, a PEG ratio of 1.09 and a beta of 0.81. The business has a 50-day moving average of C$218.18 and a two-hundred day moving average of C$200.69.

WSP Global (TSE:WSP - Get Free Report) last posted its earnings results on Wednesday, February 28th. The company reported C$1.99 EPS for the quarter, topping the consensus estimate of C$1.91 by C$0.08. WSP Global had a net margin of 3.81% and a return on equity of 8.96%. The business had revenue of C$3.72 billion for the quarter, compared to the consensus estimate of C$2.81 billion. Sell-side analysts forecast that WSP Global will post 7.8118923 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. ATB Capital upped their price objective on shares of WSP Global from C$210.00 to C$220.00 and gave the company a "sector perform" rating in a research note on Friday, March 1st. Stifel Nicolaus reduced their price target on shares of WSP Global from C$245.00 to C$235.00 in a research report on Friday. Desjardins boosted their price target on shares of WSP Global from C$210.00 to C$243.00 and gave the company a "buy" rating in a research report on Friday, March 1st. Scotiabank boosted their price target on shares of WSP Global from C$239.00 to C$241.00 in a research report on Friday. Finally, BMO Capital Markets increased their price target on shares of WSP Global from C$246.00 to C$248.00 in a report on Friday. One analyst has rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, WSP Global currently has an average rating of "Buy" and an average price target of C$237.08.

WSP Global Company Profile

WSP Global Inc operates as a professional services consulting firm in the United States, Canada, the United Kingdom, Sweden, Australia, and internationally. It advises, plans, designs, and manages projects for rail, transit, aviation, highways, bridges, tunnels, water, maritime, and urban infrastructure for public and private clients, construction contractors, and other partners.