Savaria - SIS Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Savaria in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SIS shares.
View SIS analyst ratings or view top-rated stocks.

6 Wall Street analysts have issued 1-year price targets for Savaria's stock. Their SIS share price forecasts range from C$17.50 to C$26.00. On average, they anticipate the company's stock price to reach C$22.33 in the next twelve months. This suggests a possible upside of 61.8% from the stock's current price.
View analysts price targets for SIS or view top-rated stocks among Wall Street analysts.

Savaria's stock was trading at C$19.16 at the start of the year. Since then, SIS shares have decreased by 28.0% and is now trading at C$13.80.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 9th 2022.
View our SIS earnings forecast.

Savaria Co. (TSE:SIS) posted its quarterly earnings results on Wednesday, August, 10th. The company reported $0.20 earnings per share for the quarter, topping analysts' consensus estimates of $0.16 by $0.04. The company earned $192.06 million during the quarter, compared to the consensus estimate of $195.13 million.

Savaria announced a monthly dividend on Friday, September 16th. Investors of record on Thursday, September 29th will be given a dividend of 0.043 per share on Friday, October 7th. This represents a $0.52 annualized dividend and a yield of 3.74%. The ex-dividend date is Wednesday, September 28th. This is an increase from the stock's previous monthly dividend of C$0.04.
Read our dividend analysis for SIS.

Savaria (TSE:SIS) pays an annual dividend of C$0.50 per share and currently has a dividend yield of 3.79%. The dividend payout ratio is 165.67%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for SIS.

Based on aggregate information from My MarketBeat watchlists, some companies that other Savaria investors own include Dollarama (DOL), NFI Group (NFI), Toronto-Dominion Bank (TD), Algonquin Power & Utilities (AQN), BCE (BCE), AltaGas (ALA), Royal Bank of Canada (RY), Enbridge (ENB), Bank of Nova Scotia (BNS) and CGI (GIB.A).

Savaria trades on the Toronto Stock Exchange (TSX) under the ticker symbol "SIS."

Shares of SIS stock 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.
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One share of SIS stock can currently be purchased for approximately C$13.80.

Savaria (TSE:SIS) has a market capitalization of C$888.42 million and generates C$745.88 million in revenue each year.

The company employs 2,250 workers across the globe.

Savaria's mailing address is 2 Walker Dr, BRAMPTON, ON L6T 5E1, Canada. The official website for the company is www.savaria.com. The company can be reached via phone at +1-905-7915555.