Key Points
- Director Andre Guy Mousseau bought 2,000 Sagicor Financial shares at C$8.30 each, spending a total of C$16,600. After the purchase, he held 87,000 shares valued at about C$722,100.
- Sagicor Financial stock was recently trading near C$8.29, below its 50-day and 200-day moving averages, with a market cap of about C$1.13 billion and a one-year range of C$7.21 to C$10.53.
- Analysts remain positive on the stock, with a consensus Buy rating and a consensus price target of C$11.33; National Bank Financial also set a C$13.00 target with an outperform rating.
Sagicor Financial Company Ltd. (TSE:SFC - Get Free Report) Director Andre Guy Mousseau acquired 2,000 shares of Sagicor Financial stock in a transaction that occurred on Wednesday, May 27th. The shares were bought at an average price of C$8.30 per share, for a total transaction of C$16,600.00. Following the transaction, the director owned 87,000 shares of the company's stock, valued at C$722,100. This represents a 2.35% increase in their position.
Sagicor Financial Stock Performance
Shares of Sagicor Financial stock opened at C$8.29 on Friday. Sagicor Financial Company Ltd. has a one year low of C$7.21 and a one year high of C$10.53. The company has a market cap of C$1.13 billion, a price-to-earnings ratio of 47.10 and a beta of -0.03. The business's 50 day moving average price is C$9.24 and its 200 day moving average price is C$9.18.
Sagicor Financial (TSE:SFC - Get Free Report) last announced its quarterly earnings data on Wednesday, May 13th. The company reported C$0.26 EPS for the quarter. Sagicor Financial had a return on equity of 2.58% and a net margin of 1.16%.The firm had revenue of C$791.91 million for the quarter. On average, analysts predict that Sagicor Financial Company Ltd. will post 0.9578783 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Separately, National Bank Financial set a C$13.00 price objective on Sagicor Financial and gave the stock an "outperform" rating in a research report on Friday, April 24th. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, Sagicor Financial presently has a consensus rating of "Buy" and a consensus price target of C$11.33.
Check Out Our Latest Stock Report on Sagicor Financial
About Sagicor Financial
(
Get Free Report)
Sagicor Financial Company Ltd. (TSX: SFC) is a leading financial services provider with over 185 years of history in the Caribbean, over 90 years of history in Canada, and over 70 years of history in the United States. Sagicor offers a wide range of products and services, including life, health, and general insurance, banking, pensions, annuities, investment management, and real estate. Sagicor's registered office is located at Clarendon House, 2 Church Street, Hamilton, HM 11, Bermuda, with its principal office located at Cecil F De Caires Building, Wildey, St.
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