Timbercreek Financial (TF) Lowered to Market Perform at Raymond James Financial

Raymond James Financial lowered shares of Timbercreek Financial (TSE:TF) from an outperform rating to a market perform rating in a research report sent to investors on Monday. Raymond James Financial also issued estimates for Timbercreek Financial’s FY2019 earnings at $0.79 EPS.

Separately, National Bank Financial upped their target price on Timbercreek Financial from C$10.00 to C$10.25 and gave the company an outperform rating in a research report on Thursday, November 9th.

Timbercreek Financial (TSE:TF) opened at C$9.60 on Monday. Timbercreek Financial has a 12-month low of C$8.70 and a 12-month high of C$9.75. The company has a market capitalization of $707.51 and a P/E ratio of 13.71.

The company also recently announced a monthly dividend, which will be paid on Monday, January 15th. Stockholders of record on Friday, December 29th will be given a $0.058 dividend. This is an increase from Timbercreek Financial’s previous monthly dividend of $0.06. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $0.70 annualized dividend and a dividend yield of 7.25%. Timbercreek Financial’s dividend payout ratio is presently 24.43%.

COPYRIGHT VIOLATION WARNING: “Timbercreek Financial (TF) Lowered to Market Perform at Raymond James Financial” was originally posted by StockNewsTimes and is the sole property of of StockNewsTimes. If you are accessing this article on another site, it was copied illegally and reposted in violation of U.S. & international copyright laws. The correct version of this article can be accessed at https://stocknewstimes.com/2018/01/12/timbercreek-financial-tf-lowered-to-market-perform-at-raymond-james-financial.html.

Receive News & Ratings for Timbercreek Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Timbercreek Financial and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply