Dexterra Group Inc. (TSE:DXT) Announces $0.09 Quarterly Dividend

Dexterra Group Inc. (TSE:DXT) announced a quarterly dividend on Tuesday, November 5th, Zacks reports. Shareholders of record on Tuesday, December 31st will be paid a dividend of 0.087 per share on Wednesday, January 15th. This represents a $0.35 dividend on an annualized basis and a yield of 5.57%. The ex-dividend date is Tuesday, December 31st.

Dexterra Group Stock Performance

Shares of DXT opened at C$6.25 on Thursday. The company has a debt-to-equity ratio of 55.43, a quick ratio of 1.28 and a current ratio of 1.52. The stock has a 50 day moving average price of C$6.53 and a two-hundred day moving average price of C$5.95. The firm has a market capitalization of C$400 million, a P/E ratio of 13.59, a P/E/G ratio of 0.90 and a beta of 1.02. Dexterra Group has a 52 week low of C$5.13 and a 52 week high of C$6.93.

Dexterra Group (TSE:DXT) last issued its quarterly earnings data on Tuesday, August 6th. The company reported C$0.19 EPS for the quarter, topping analysts’ consensus estimates of C$0.11 by C$0.08. The firm had revenue of C$253.62 million during the quarter, compared to analyst estimates of C$238.37 million. Dexterra Group had a return on equity of 10.48% and a net margin of 1.61%. Equities analysts forecast that Dexterra Group will post 0.7094298 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on DXT. TD Securities boosted their target price on Dexterra Group from C$5.50 to C$6.00 and gave the stock a “hold” rating in a research note on Wednesday, August 7th. Raymond James boosted their price objective on Dexterra Group from C$8.00 to C$8.50 in a research report on Thursday, August 8th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$7.75.

Dexterra Group Company Profile

Dexterra Group Inc engages in the provision of support services for the creation, management, and operation of infrastructure in Canada. It operates through three segments: Integrated Facilities Management (IFM); Modular Solutions; and Workforce Accommodations, Forestry and Energy Services (WAFES). The IFM segment delivers operation and maintenance solutions for built assets and infrastructure in the public and private sectors, including aviation, defense, education, rail, healthcare, and leisure.