WSP Global Inc. (TSE:WSP) Announces $0.38 Quarterly Dividend

WSP Global Inc. (TSE:WSP) announced a quarterly dividend on Wednesday, November 6th,Zacks Dividends reports. Investors of record on Tuesday, December 31st will be paid a dividend of 0.375 per share on Wednesday, January 15th. This represents a $1.50 dividend on an annualized basis and a yield of 0.59%. The ex-dividend date is Tuesday, December 31st.

WSP Global Trading Down 0.1 %

WSP Global stock opened at C$252.25 on Friday. The company has a 50 day moving average price of C$240.10 and a 200 day moving average price of C$223.73. WSP Global has a 52 week low of C$180.73 and a 52 week high of C$259.17. The company has a debt-to-equity ratio of 71.81, a quick ratio of 1.04 and a current ratio of 1.13. The firm has a market capitalization of C$31.45 billion, a price-to-earnings ratio of 52.77, a P/E/G ratio of 1.09 and a beta of 0.82.

WSP Global (TSE:WSP) last posted its quarterly earnings data on Wednesday, November 6th. The company reported C$2.24 EPS for the quarter, hitting analysts’ consensus estimates of C$2.24. WSP Global had a net margin of 4.03% and a return on equity of 9.40%. The firm had revenue of C$3 billion during the quarter, compared to analyst estimates of C$3 billion. Research analysts forecast that WSP Global will post 9.5687404 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. CIBC raised their price objective on shares of WSP Global from C$245.00 to C$264.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 20th. Raymond James raised their price objective on shares of WSP Global from C$255.00 to C$270.00 and gave the stock a “strong-buy” rating in a research note on Tuesday, August 20th. ATB Capital raised their price objective on shares of WSP Global from C$235.00 to C$250.00 and gave the stock a “sector perform” rating in a research note on Tuesday, August 20th. Desjardins lifted their target price on shares of WSP Global from C$249.00 to C$257.00 and gave the company a “buy” rating in a research note on Tuesday, August 20th. Finally, BMO Capital Markets lifted their target price on shares of WSP Global from C$252.00 to C$257.00 and gave the company an “outperform” rating in a research note on Tuesday, August 20th. One research analyst has rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, WSP Global has a consensus rating of “Buy” and a consensus target price of C$258.25.

About WSP Global

WSP Global Inc operates as a professional services consulting firm in the United States, Canada, the United Kingdom, Sweden, Australia, and internationally. It advises, plans, designs, and manages projects for rail, transit, aviation, highways, bridges, tunnels, water, maritime, and urban infrastructure for public and private clients, construction contractors, and other partners.