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

Dexterra Group Inc. (TSE:DXT) declared a quarterly dividend on Tuesday, November 5th, Zacks reports. Stockholders of record on Tuesday, December 31st will be given a dividend of 0.087 per share on Wednesday, January 15th. This represents a $0.35 dividend on an annualized basis and a dividend yield of 5.58%. The ex-dividend date of this dividend is Tuesday, December 31st.

Dexterra Group Stock Down 0.2 %

Dexterra Group stock traded down C$0.01 during mid-day trading on Thursday, hitting C$6.24. 7,822 shares of the company’s stock were exchanged, compared to its average volume of 44,798. Dexterra Group has a 1-year low of C$5.13 and a 1-year high of C$6.93. The stock has a 50 day moving average of C$6.53 and a two-hundred day moving average of C$5.95. The company has a current ratio of 1.52, a quick ratio of 1.28 and a debt-to-equity ratio of 55.43. The stock has a market cap of C$399.36 million, a P/E ratio of 13.59, a P/E/G ratio of 0.90 and a beta of 1.02.

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

Analyst Ratings Changes

DXT has been the topic of several analyst reports. Raymond James increased their price target on Dexterra Group from C$8.00 to C$8.50 in a report on Thursday, August 8th. TD Securities raised their target price on shares of Dexterra Group from C$5.50 to C$6.00 and gave the company a “hold” rating in a research note on Wednesday, August 7th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price 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.