Canaccord Genuity Group (TSE:CF) Upgraded at Ventum Cap Mkts

Ventum Cap Mkts upgraded shares of Canaccord Genuity Group (TSE:CF) to a strong-buy rating in a research note released on Monday morning, Zacks.com reports. Ventum Cap Mkts also issued estimates for Canaccord Genuity Group’s Q2 2025 earnings at $0.18 EPS and FY2025 earnings at $0.81 EPS.

CF has been the subject of a number of other reports. TD Securities decreased their target price on shares of Canaccord Genuity Group from C$11.00 to C$10.00 in a research note on Tuesday. Cormark upped their price objective on Canaccord Genuity Group from C$10.25 to C$11.50 in a research report on Friday, June 7th.

Canaccord Genuity Group Price Performance

Shares of TSE:CF opened at C$8.05 on Monday. The business has a fifty day moving average price of C$8.61 and a 200-day moving average price of C$8.53. The company has a debt-to-equity ratio of 41.38, a current ratio of 1.24 and a quick ratio of 1.05. The company has a market capitalization of C$822.63 million, a PE ratio of -26.83, a PEG ratio of 0.54 and a beta of 1.65. Canaccord Genuity Group has a 1-year low of C$6.50 and a 1-year high of C$9.63.

Canaccord Genuity Group (TSE:CF) last posted its quarterly earnings results on Wednesday, June 5th. The financial services provider reported C$0.15 EPS for the quarter, missing analysts’ consensus estimates of C$0.20 by C($0.05). Canaccord Genuity Group had a negative net margin of 0.98% and a positive return on equity of 1.90%. The firm had revenue of C$409.05 million for the quarter, compared to analysts’ expectations of C$421.00 million. As a group, equities analysts expect that Canaccord Genuity Group will post 1.0202475 EPS for the current fiscal year.

Canaccord Genuity Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 10th. Shareholders of record on Friday, August 30th will be paid a $0.085 dividend. The ex-dividend date of this dividend is Friday, August 30th. This represents a $0.34 annualized dividend and a yield of 4.22%. Canaccord Genuity Group’s payout ratio is -113.33%.

About Canaccord Genuity Group

Canaccord Genuity Group Inc, a full-service financial services company, provides investment products, and investment banking and brokerage services to institutional, corporate, and private clients. It operates in two segments, Canaccord Genuity Capital Markets and Canaccord Genuity Wealth Management.