Fiera Capital Co. (TSE:FSZ) Receives Consensus Recommendation of “N/A” from Brokerages

Fiera Capital Co. (TSE:FSZ) has received an average recommendation of “N/A” from the zero ratings firms that are covering the stock, Marketbeat.com reports.

Several equities analysts have recently commented on the company. National Bankshares lowered Fiera Capital from a “sector perform” rating to an “underperform” rating and upped their target price for the company from C$7.00 to C$8.00 in a report on Monday. CIBC raised their target price on Fiera Capital from C$7.25 to C$9.00 in a research note on Friday, July 19th. TD Securities upped their price target on shares of Fiera Capital from C$7.50 to C$8.00 and gave the stock a “hold” rating in a research report on Wednesday, July 17th. National Bank Financial downgraded shares of Fiera Capital from a “hold” rating to a “strong sell” rating in a research report on Sunday. Finally, Scotiabank upped their target price on shares of Fiera Capital from C$8.50 to C$9.00 in a research report on Wednesday, July 24th.

Fiera Capital Price Performance

Shares of FSZ opened at C$8.17 on Thursday. The company has a current ratio of 1.34, a quick ratio of 1.05 and a debt-to-equity ratio of 243.00. The firm has a market cap of C$706.30 million, a price-to-earnings ratio of 13.85, a PEG ratio of -0.87 and a beta of 0.85. Fiera Capital has a 52 week low of C$4.32 and a 52 week high of C$9.01. The stock has a 50 day moving average of C$7.60 and a 200-day moving average of C$7.53.

Fiera Capital (TSE:FSZ) last released its earnings results on Wednesday, May 8th. The company reported C$0.25 earnings per share for the quarter, beating the consensus estimate of C$0.19 by C$0.06. Fiera Capital had a net margin of 9.84% and a return on equity of 23.90%. The firm had revenue of C$168.12 million during the quarter, compared to analyst estimates of C$160.30 million. As a group, analysts forecast that Fiera Capital will post 1.0296736 EPS for the current year.

Fiera Capital Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 20th. Shareholders of record on Monday, May 20th were given a $0.215 dividend. The ex-dividend date of this dividend was Thursday, May 16th. This represents a $0.86 dividend on an annualized basis and a yield of 10.53%. Fiera Capital’s dividend payout ratio (DPR) is 145.76%.

About Fiera Capital

Fiera Capital Corporation is an employee owned investment manager. The firm primarily provides its services to institutional investors, mutual funds, charitable organizations, and private clients. It manages separate client-focused equity, fixed income, and balanced portfolios. The firm also launches and manages equity, fixed income, and balanced mutual funds and income trusts for its clients.