Raymond James Issues Optimistic Forecast for TSE:CF Earnings

Canaccord Genuity Group Inc. (TSE:CF) – Investment analysts at Raymond James boosted their FY2025 earnings estimates for shares of Canaccord Genuity Group in a research report issued to clients and investors on Monday, November 11th. Raymond James analyst S. Boland now expects that the financial services provider will post earnings of $0.97 per share for the year, up from their prior estimate of $0.96. The consensus estimate for Canaccord Genuity Group’s current full-year earnings is $0.86 per share. Raymond James also issued estimates for Canaccord Genuity Group’s Q4 2025 earnings at $0.35 EPS.

Canaccord Genuity Group (TSE:CF) last issued its quarterly earnings results on Thursday, November 7th. The financial services provider reported C$0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.22 by C($0.02). Canaccord Genuity Group had a return on equity of 3.45% and a net margin of 0.18%. The business had revenue of C$428.64 million for the quarter, compared to analysts’ expectations of C$440.60 million.

Other research analysts have also issued reports about the company. TD Securities lifted their target price on Canaccord Genuity Group from C$10.00 to C$12.00 in a report on Tuesday. Ventum Financial increased their price target on Canaccord Genuity Group from C$10.25 to C$12.00 in a research report on Monday. Ventum Cap Mkts raised Canaccord Genuity Group to a “strong-buy” rating in a research report on Monday, August 12th. Finally, Cormark upped their target price on shares of Canaccord Genuity Group from C$11.50 to C$12.50 in a research note on Tuesday.

Canaccord Genuity Group Price Performance

Canaccord Genuity Group stock opened at C$10.19 on Wednesday. The company’s 50 day moving average is C$9.33 and its two-hundred day moving average is C$8.89. The firm has a market cap of C$985.07 million, a PE ratio of -101.90, a price-to-earnings-growth ratio of 0.54 and a beta of 1.61. The company has a quick ratio of 1.05, a current ratio of 1.21 and a debt-to-equity ratio of 52.93. Canaccord Genuity Group has a 52-week low of C$6.50 and a 52-week high of C$10.50.

Canaccord Genuity Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 10th. Investors of record on Friday, November 29th will be given a $0.085 dividend. The ex-dividend date is Friday, November 29th. This represents a $0.34 dividend on an annualized basis and a yield of 3.34%. Canaccord Genuity Group’s dividend payout ratio (DPR) is -340.00%.

About Canaccord Genuity Group

Canaccord Genuity Group Inc operates as a full-service investment dealer in Canada, the United States, the United Kingdom, Europe, Crown Dependencies, and Australia. It operates through two segments: Canaccord Genuity Capital Markets and Canaccord Genuity Wealth Management. The Canaccord Genuity Capital Markets segment offers investment banking, advisory, research, and trading services for corporate, institutional, and government clients.