Titan America SA (TTAM) To Go Ex-Dividend on April 4th

Titan America SA (NYSE:TTAM) announced a dividend on Tuesday, April 1st, investing.com reports. Investors of record on Monday, April 7th will be paid a dividend of 0.38 per share on Tuesday, April 15th. This represents a dividend yield of 5.73%. The ex-dividend date is Friday, April 4th.

Titan America Stock Down 2.7 %

Shares of NYSE TTAM opened at $13.16 on Wednesday. Titan America has a twelve month low of $12.61 and a twelve month high of $17.78.

Titan America (NYSE:TTAM) last released its quarterly earnings data on Wednesday, March 26th. The company reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.01). The company had revenue of $389.82 million during the quarter, compared to analysts’ expectations of $393.17 million.

Wall Street Analyst Weigh In

TTAM has been the topic of a number of recent research reports. Bank of America dropped their price objective on shares of Titan America from $16.50 to $15.50 and set a “neutral” rating on the stock in a research note on Thursday, March 27th. Hsbc Global Res raised Titan America to a “strong-buy” rating in a research report on Wednesday, March 12th. Stifel Nicolaus reduced their price target on Titan America from $19.00 to $16.00 and set a “buy” rating for the company in a research report on Friday, March 28th. Sanford C. Bernstein started coverage on Titan America in a research note on Tuesday, March 4th. They set a “market perform” rating and a $17.00 price objective for the company. Finally, BNP Paribas upgraded Titan America to a “hold” rating in a research note on Tuesday, March 4th. Four equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $17.43.

Titan America Company Profile

Titan America is a leading vertically integrated, multi-regional manufacturer and supplier of heavy building materials and services operating primarily on the Eastern Seaboard of the United States (the “Eastern Seaboard”). We are a leading provider of materials that contribute to lower carbon emissions than traditional building materials and/or beneficial reuse of waste materials.