Weekly Analysts’ Ratings Changes for Fiera Capital (FSZ)

A number of firms have modified their ratings and price targets on shares of Fiera Capital (TSE: FSZ) recently:

• 11/8/2024 – Fiera Capital had its price target raised by analysts at TD Securities from C$9.00 to C$10.00. They now have a “hold” rating on the stock.
• 11/8/2024 – Fiera Capital had its price target raised by analysts at CIBC from C$9.50 to C$11.00.
• 10/30/2024 – Fiera Capital had its price target raised by analysts at National Bankshares, Inc. from C$8.00 to C$8.50. They now have an “underperform” rating on the stock.
• 10/29/2024 – Fiera Capital had its price target raised by analysts at BMO Capital Markets from C$8.50 to C$9.00.
• 10/24/2024 – Fiera Capital had its price target raised by analysts at Desjardins from C$7.75 to C$9.00. They now have a “hold” rating on the stock.

Fiera Capital Stock Up 0.6 %

FSZ stock opened at C$10.03 on Monday. The company has a market cap of C$880.13 million, a P/E ratio of 18.57, a P/E/G ratio of -0.87 and a beta of 1.64. Fiera Capital Co. has a 52 week low of C$4.77 and a 52 week high of C$10.92. The company’s 50-day moving average price is C$8.79 and its 200 day moving average price is C$7.94. The company has a current ratio of 1.39, a quick ratio of 1.05 and a debt-to-equity ratio of 259.56.

Fiera Capital (TSE:FSZ) last released its quarterly earnings data on Thursday, November 7th. The company reported C$0.25 EPS for the quarter, topping analysts’ consensus estimates of C$0.19 by C$0.06. The firm had revenue of C$171.71 million for the quarter, compared to the consensus estimate of C$163.10 million. Fiera Capital had a net margin of 8.97% and a return on equity of 22.95%. On average, research analysts expect that Fiera Capital Co. will post 1.0905563 earnings per share for the current fiscal year.

Fiera Capital Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Tuesday, November 19th will be issued a dividend of $0.216 per share. The ex-dividend date is Tuesday, November 19th. This represents a $0.86 dividend on an annualized basis and a yield of 8.61%. This is an increase from Fiera Capital’s previous quarterly dividend of $0.22. Fiera Capital’s payout ratio is currently 159.26%.

Insiders Place Their Bets

In other Fiera Capital news, insider FIERA CAPITAL S.E.C. sold 10,000 shares of Fiera Capital stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of C$7.30, for a total transaction of C$73,049.00. Also, Senior Officer John Valentini sold 28,000 shares of Fiera Capital stock in a transaction dated Friday, October 4th. The stock was sold at an average price of C$8.57, for a total transaction of C$240,046.80. Over the last quarter, insiders sold 207,400 shares of company stock worth $1,601,622. Insiders own 0.86% of the company’s stock.

Fiera Capital Corporation is an employee owned investment manager. The firm primarily provides its services to institutional investors, mutual funds, charitable organizations, and private clients. It manages separate client-focused equity, fixed income, and balanced portfolios. The firm also launches and manages equity, fixed income, and balanced mutual funds and income trusts for its clients.