H&T Group (LON:HAT) Releases Quarterly Earnings Results

H&T Group (LON:HAT) issued its earnings results on Tuesday. The company reported GBX 51.17 ($0.67) earnings per share (EPS) for the quarter, Digital Look Earnings reports. H&T Group had a return on equity of 12.14% and a net margin of 9.06%.

H&T Group Trading Up 2.6 %

LON HAT opened at GBX 400 ($5.20) on Thursday. The stock has a market cap of £174.30 million, a P/E ratio of 7.91 and a beta of 0.69. The company’s fifty day simple moving average is GBX 353.45 and its 200-day simple moving average is GBX 360.06. The company has a current ratio of 15.96, a quick ratio of 4.55 and a debt-to-equity ratio of 46.82. H&T Group has a 52 week low of GBX 325.50 ($4.23) and a 52 week high of GBX 440 ($5.72).

H&T Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, June 27th. Shareholders of record on Thursday, May 29th will be given a GBX 11 ($0.14) dividend. This is an increase from H&T Group’s previous dividend of $7.00. The ex-dividend date of this dividend is Thursday, May 29th. This represents a yield of 2.84%. H&T Group’s dividend payout ratio (DPR) is 35.61%.

Analyst Upgrades and Downgrades

HAT has been the subject of several research reports. Shore Capital reiterated a “house stock” rating on shares of H&T Group in a research note on Tuesday. Canaccord Genuity Group upped their price target on shares of H&T Group from GBX 531 ($6.91) to GBX 559 ($7.27) and gave the stock a “buy” rating in a research report on Tuesday.

About H&T Group

H&T is the UK’s largest pawnbroker and provides a range of financial services to meet customers’ needs. We are the 6th largest retailer of high quality pre-owned and new jewellery and watches.

Our ambition is to make pawnbroking a more widely accepted and valued finance service.