Raymond James Issues Optimistic Estimate for TSE:CF Earnings

Canaccord Genuity Group Inc. (TSE:CFFree Report) – Analysts at Raymond James upped their FY2025 earnings per share estimates for shares of Canaccord Genuity Group in a research note issued to investors on Monday, November 11th. Raymond James analyst S. Boland now anticipates that the financial services provider will post earnings of $0.97 per share for the year, up from their previous estimate of $0.96. The consensus estimate for Canaccord Genuity Group’s current full-year earnings is $0.86 per share. Raymond James also issued estimates for Canaccord Genuity Group’s Q4 2025 earnings at $0.35 EPS.

CF has been the subject of a number of other research reports. Cormark boosted their price target on Canaccord Genuity Group from C$11.50 to C$12.50 in a research note on Tuesday. Ventum Cap Mkts upgraded Canaccord Genuity Group to a “strong-buy” rating in a research note on Monday, August 12th. Ventum Financial upped their price objective on Canaccord Genuity Group from C$10.25 to C$12.00 in a research report on Monday. Finally, TD Securities lifted their target price on Canaccord Genuity Group from C$10.00 to C$12.00 in a research report on Tuesday.

Read Our Latest Stock Analysis on Canaccord Genuity Group

Canaccord Genuity Group Price Performance

TSE:CF opened at C$10.25 on Wednesday. Canaccord Genuity Group has a 52 week low of C$6.50 and a 52 week high of C$10.50. The company has a debt-to-equity ratio of 52.93, a quick ratio of 1.05 and a current ratio of 1.21. The firm’s 50-day simple moving average is C$9.29 and its 200 day simple moving average is C$8.88. The firm has a market cap of C$990.87 million, a price-to-earnings ratio of -102.50, a P/E/G ratio of 0.54 and a beta of 1.61.

Canaccord Genuity Group (TSE:CFGet Free Report) last issued its quarterly earnings data on Thursday, November 7th. The financial services provider reported C$0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.22 by C($0.02). The company had revenue of C$428.64 million for the quarter, compared to analyst estimates of C$440.60 million. Canaccord Genuity Group had a return on equity of 3.45% and a net margin of 0.18%.

Canaccord Genuity Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Friday, November 29th will be issued a dividend of $0.085 per share. The ex-dividend date of this dividend is Friday, November 29th. This represents a $0.34 annualized dividend and a dividend yield of 3.32%. Canaccord Genuity Group’s dividend payout ratio (DPR) is presently -340.00%.

About Canaccord Genuity Group

(Get Free Report)

Canaccord Genuity Group Inc operates as a full-service investment dealer in Canada, the United States, the United Kingdom, Europe, Crown Dependencies, and Australia. It operates through two segments: Canaccord Genuity Capital Markets and Canaccord Genuity Wealth Management. The Canaccord Genuity Capital Markets segment offers investment banking, advisory, research, and trading services for corporate, institutional, and government clients.

Further Reading

Earnings History and Estimates for Canaccord Genuity Group (TSE:CF)

Receive News & Ratings for Canaccord Genuity Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canaccord Genuity Group and related companies with MarketBeat.com's FREE daily email newsletter.