H&T Group (LON:HAT) Announces Earnings Results

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

H&T Group Stock Up 1.5 %

H&T Group stock opened at GBX 396 ($5.15) on Thursday. H&T Group has a fifty-two week low of GBX 325.50 ($4.23) and a fifty-two week high of GBX 440 ($5.72). The company has a debt-to-equity ratio of 46.82, a quick ratio of 4.55 and a current ratio of 15.96. The firm has a 50 day moving average price of GBX 353.45 and a 200 day moving average price of GBX 360.06. The company has a market capitalization of £172.56 million, a PE ratio of 7.84 and a beta of 0.69.

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 dividend of GBX 11 ($0.14) per share. The ex-dividend date is Thursday, May 29th. This represents a dividend yield of 2.84%. This is an increase from H&T Group’s previous dividend of $7.00. H&T Group’s dividend payout ratio (DPR) is currently 35.61%.

Analyst Ratings Changes

HAT has been the subject of a number of recent analyst reports. Shore Capital restated a “house stock” rating on shares of H&T Group in a report on Tuesday. Canaccord Genuity Group raised their price target 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.

About H&T Group

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.