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

H&T Group (LON:HAT) issued its quarterly earnings data on Tuesday. The company reported GBX 51.17 ($0.67) earnings per share for the quarter, Digital Look Earnings reports. H&T Group had a return on equity of 12.14% and a net margin of 9.06%.

H&T Group Stock Performance

Shares of HAT opened at GBX 400 ($5.20) on Thursday. The stock has a market capitalization of £174.30 million, a PE ratio of 7.91 and a beta of 0.69. The business’s fifty day moving average price is GBX 353.45 and its 200 day moving average price is GBX 360.06. The company has a debt-to-equity ratio of 46.82, a current ratio of 15.96 and a quick ratio of 4.55. H&T Group has a 12-month low of GBX 325.50 ($4.23) and a 12-month high of GBX 440 ($5.72).

H&T Group Increases Dividend

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

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on HAT shares. Shore Capital reiterated a “house stock” rating on shares of H&T Group in a research note on Tuesday. Canaccord Genuity Group raised their price objective on shares of H&T Group from GBX 531 ($6.91) to GBX 559 ($7.27) and gave the stock a “buy” rating in a report on Tuesday.

H&T Group Company Profile

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.