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

H&T Group (LON:HAT) posted its quarterly earnings data 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 net margin of 9.06% and a return on equity of 12.14%.

H&T Group Stock Up 0.7 %

Shares of LON:HAT opened at GBX 390.80 ($5.08) on Wednesday. The company has a debt-to-equity ratio of 46.82, a quick ratio of 4.55 and a current ratio of 15.96. The company has a market cap of £170.29 million, a PE ratio of 7.73 and a beta of 0.69. H&T Group has a 52 week low of GBX 325.50 ($4.23) and a 52 week high of GBX 440 ($5.72). The firm has a 50 day simple moving average of GBX 352.35 and a 200 day simple moving average of GBX 360.03.

H&T Group Increases Dividend

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

Analyst Upgrades and Downgrades

Several analysts recently commented on HAT shares. Canaccord Genuity Group increased their target price on shares of H&T Group from GBX 531 ($6.90) to GBX 559 ($7.27) and gave the company a “buy” rating in a research note on Tuesday. Shore Capital reissued a “house stock” rating on shares of H&T Group in a research note 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.