H&T Group (LON:HAT) Issues 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 Trading Up 2.2 %

HAT stock traded up GBX 8.50 ($0.11) during midday trading on Thursday, hitting GBX 398.50 ($5.18). The stock had a trading volume of 188,468 shares, compared to its average volume of 89,275. The firm has a market cap of £173.65 million, a PE ratio of 7.88 and a beta of 0.69. 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). The company’s 50-day moving average price is GBX 353.45 and its 200 day moving average price is GBX 360.06.

H&T Group Increases Dividend

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

Wall Street Analyst Weigh In

Several research analysts have issued reports on HAT shares. Shore Capital reiterated a “house stock” rating on shares of H&T Group in a research report on Tuesday. Canaccord Genuity Group upped their target price on H&T Group from GBX 531 ($6.91) to GBX 559 ($7.27) and gave the company 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.