Titan America SA (TTAM) To Go Ex-Dividend on December 18th

Titan America SA (NYSE:TTAM) declared a quarterly dividend on Thursday, October 29th. Shareholders of record on Friday, December 18th will be given a dividend of $0.04 per share on Monday, January 11th. This represents a $0.16 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Friday, December 18th.

Titan America Stock Down 1.1%

Titan America stock opened at $13.88 on Friday. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.08 and a quick ratio of 1.17. Titan America has a fifty-two week low of $12.88 and a fifty-two week high of $19.57. The firm has a fifty day moving average price of $14.03 and a two-hundred day moving average price of $16.04. The firm has a market cap of $2.56 billion, a price-to-earnings ratio of 14.61, a P/E/G ratio of 1.24 and a beta of 1.10.

Titan America (NYSE:TTAM) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.06). The business had revenue of $470.63 million during the quarter. Titan America had a net margin of 10.35% and a return on equity of 17.03%. The business’s revenue was up 9.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.28 earnings per share. As a group, analysts forecast that Titan America will post 1.06 earnings per share for the current year.

Titan America Company Profile

Titan America is a building materials company that produces and supplies cement, ready-mix concrete, aggregates and other construction products. Its materials are used in residential, commercial, infrastructure and other construction projects.

The company operates cement manufacturing facilities, distribution terminals, aggregate quarries and ready-mix concrete plants. Its product portfolio also includes concrete masonry products and related materials used by contractors, concrete producers and construction companies.

Titan America serves customers primarily across the eastern and southeastern United States, with operations and distribution capabilities covering markets including Florida, Virginia, the Carolinas, the Mid-Atlantic and the Northeast.