Q4 2024 EPS Estimates for Fiera Capital Co. (TSE:FSZ) Increased by Analyst

Fiera Capital Co. (TSE:FSZ) – Equities research analysts at Desjardins upped their Q4 2024 earnings per share estimates for shares of Fiera Capital in a research report issued to clients and investors on Wednesday, May 8th. Desjardins analyst G. Ho now anticipates that the company will post earnings of $0.32 per share for the quarter, up from their previous forecast of $0.31. Desjardins has a “Hold” rating and a $7.25 price objective on the stock. The consensus estimate for Fiera Capital’s current full-year earnings is $0.97 per share.

Fiera Capital (TSE:FSZ) last announced its earnings results on Wednesday, February 28th. The company reported C$0.37 earnings per share for the quarter, topping the consensus estimate of C$0.30 by C$0.07. The firm had revenue of C$210.97 million for the quarter, compared to the consensus estimate of C$203.10 million. Fiera Capital had a net margin of 8.51% and a return on equity of 19.66%.

FSZ has been the topic of a number of other research reports. National Bankshares increased their price target on Fiera Capital from C$6.00 to C$7.50 and gave the company a “sector perform” rating in a research report on Thursday, February 29th. Scotiabank boosted their price target on shares of Fiera Capital from C$8.00 to C$8.50 in a report on Thursday. TD Securities raised their price objective on shares of Fiera Capital from C$7.50 to C$8.00 and gave the company a “hold” rating in a report on Friday, March 1st. BMO Capital Markets downgraded shares of Fiera Capital from an “outperform” rating to a “market perform” rating and boosted their target price for the stock from C$8.00 to C$8.50 in a research note on Thursday, February 29th. Finally, Royal Bank of Canada lifted their price target on Fiera Capital from C$6.00 to C$7.00 and gave the stock a “sector perform” rating in a report on Thursday, February 29th. Seven equities research analysts have rated the stock with a hold rating, According to MarketBeat, Fiera Capital currently has a consensus rating of “Hold” and an average target price of C$7.71.

Fiera Capital Stock Down 0.7 %

Shares of TSE FSZ opened at C$7.14 on Friday. The stock has a market cap of C$617.25 million, a P/E ratio of 14.28, a PEG ratio of -0.87 and a beta of 1.65. The business’s fifty day simple moving average is C$7.84 and its 200-day simple moving average is C$6.65. Fiera Capital has a 12-month low of C$4.32 and a 12-month high of C$8.75. The company has a current ratio of 1.17, a quick ratio of 1.05 and a debt-to-equity ratio of 228.52.

Insider Buying and Selling

In related news, Senior Officer John Valentini sold 61,600 shares of the stock in a transaction on Thursday, April 11th. The shares were sold at an average price of C$7.88, for a total transaction of C$485,432.64. 0.88% of the stock is currently owned by company insiders.

Fiera Capital Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 20th. Stockholders of record on Monday, May 20th will be issued a $0.215 dividend. This represents a $0.86 annualized dividend and a dividend yield of 12.04%. The ex-dividend date is Friday, May 17th. Fiera Capital’s payout ratio is currently 172.00%.

Fiera Capital Company Profile

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.