Stingray Group Stock Forecast, Price & News

+0.08 (+1.06 %)
(As of 04/16/2021 12:00 AM ET)
Today's Range
Now: C$7.61
50-Day Range
MA: C$7.15
52-Week Range
Now: C$7.61
Volume37,364 shs
Average Volume71,396 shs
Market CapitalizationC$558.06 million
P/E Ratio22.92
Dividend Yield3.98%
Stingray Group Inc. provides business-to-business multi-platform music, and in-store music and video solutions to businesses and individuals worldwide. The company offers Stingray Music, which delivers music products and services on television (TV), Web, and mobile; Stingray Lite TV, a TV channel for pop music videos; Stingray iConcerts, a TV channel and an on-demand video service; Stingray Brava, a TV channel that provides operas and ballets, classical music performances, and local content; Stingray DJAZZ, a TV channel that features jazz concerts, films, portraits, and documentaries; Stingray Ambiance 4K, an ultra-high definition channel; and Stingray Karaoke that offers videos over the Internet and TV for TV service providers, as well as directly to consumers. Its TV channels also include Stingray Festival 4K that broadcasts concerts, theatre productions, circuses, DJ sets, ballets and operas, and others in 4K and dolby digital audio; Stingray Classica, which offers classical music, operas, ballets, concerts, and documentaries; Stingray Juicebox, a music video TV channel; Stingray Loud, a music video channel that broadcasts rock, hard rock, metal, punk, and other music; Stingray Retro, a music video TV; Stingray Now 4K, a TV channel that offers 4K videos; Stingray Hits!, a music video TV channel; Stingray Qello, which broadcasts performances, concert films, and music documentaries; and NatureVision TV, a 24/7 channel that is available online and on television. In addition, the company offers Yokee, which transforms mobile phones and tablets into wireless karaoke machines. It distributes its content through various platforms, including digital and satellite TV, IPTV, Internet, mobile devices, Wi-Fi systems, game consoles, and connected cars. The company was formerly known as Stingray Digital Group Inc. and changed its name to Stingray Group Inc. in December 2018. Stingray Group Inc. was incorporated in 2006 and is headquartered in Montreal, Canada.
Stingray Group logo

Industry, Sector and Symbol

Industry Media - Diversified
Year FoundedN/A



Sales & Book Value

Annual SalesC$257.55 million
Cash FlowC$0.14 per share
Book ValueC$3.92 per share



Market CapC$558.06 million
Next Earnings DateN/A
OptionableNot Optionable


Stingray Group (TSE:RAY.A) Trading Up 2.3%
March 26, 2021 |  americanbankingnews.com
Stingray Group Inc. (STGYF)
March 20, 2021 |  au.finance.yahoo.com
Stingray Announces Changes to its Board of Directors
February 26, 2021 |  finance.yahoo.com
Stingray Reports Third Quarter 2021 Results
February 3, 2021 |  markets.businessinsider.com
Stingray Digital Group Inc. (317V.SG)
October 16, 2020 |  ca.finance.yahoo.com
See More Headlines


Overall MarketRank

1.82 out of 5 stars

Analyst Opinion: 2.3Community Rank: 2.6Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -
+0.08 (+1.06 %)
(As of 04/16/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Stingray Group (TSE:RAY.A) Frequently Asked Questions

Is Stingray Group a buy right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Stingray Group in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Stingray Group stock.
View analyst ratings for Stingray Group
or view top-rated stocks.

What stocks does MarketBeat like better than Stingray Group?

Wall Street analysts have given Stingray Group a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Stingray Group wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

How has Stingray Group's stock been impacted by Coronavirus (COVID-19)?

Stingray Group's stock was trading at C$5.31 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, RAY.A shares have increased by 43.3% and is now trading at C$7.61.
View which stocks have been most impacted by COVID-19

Is Stingray Group a good dividend stock?

Stingray Group pays an annual dividend of C$0.30 per share and currently has a dividend yield of 3.98%. RAY.A has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Stingray Group is 90.36%. Payout ratios above 75% are not desirable because they may not be sustainable.
View Stingray Group's dividend history.

What price target have analysts set for RAY.A?

3 Wall Street analysts have issued 1 year price objectives for Stingray Group's shares. Their forecasts range from C$7.50 to C$10.00. On average, they expect Stingray Group's share price to reach C$8.58 in the next year. This suggests a possible upside of 12.8% from the stock's current price.
View analysts' price targets for Stingray Group
or view top-rated stocks among Wall Street analysts.

Who are Stingray Group's key executives?

Stingray Group's management team includes the following people:
  • Mr. Eric Boyko, Co-Founder, Pres, CEO & Non-Independent Director (Age 49)
  • Mr. Jean-Pierre Trahan, Chief Financial Officer
  • Mr. Mario DuBois, Sr. VP & CTO
  • Mr. Lloyd Perry Feldman, Sr. VP, Gen. Counsel & Corp. Sec.
  • Mr. Mathieu Péloquin, Sr. VP of Marketing & Communications

Who are some of Stingray Group's key competitors?

What is Stingray Group's stock symbol?

Stingray Group trades on the Toronto Stock Exchange (TSX) under the ticker symbol "RAY.A."

How do I buy shares of Stingray Group?

Shares of RAY.A and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is Stingray Group's stock price today?

One share of RAY.A stock can currently be purchased for approximately C$7.61.

How much money does Stingray Group make?

Stingray Group has a market capitalization of C$558.06 million and generates C$257.55 million in revenue each year.

How many employees does Stingray Group have?

Stingray Group employs 1,200 workers across the globe.

What is Stingray Group's official website?

The official website for Stingray Group is www.stingray.com.

Where are Stingray Group's headquarters?

Stingray Group is headquartered at 730 Wellington St, MONTREAL, QC H3C 1T4, Canada.

How can I contact Stingray Group?

Stingray Group's mailing address is 730 Wellington St, MONTREAL, QC H3C 1T4, Canada. The company can be reached via phone at +1-514-6641244.

This page was last updated on 4/18/2021 by MarketBeat.com Staff
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