Fundamental Research Analysts Give Olympia Financial Group (TSE:OLY) a C$166.83 Price Target

Fundamental Research set a C$166.83 target price on Olympia Financial Group (TSE:OLY) in a research report report published on Tuesday morning,BayStreet.CA reports. The firm currently has a buy rating on the health services provider’s stock.

Olympia Financial Group Price Performance

Shares of TSE:OLY opened at C$113.69 on Tuesday. The company has a market cap of C$273.54 million, a price-to-earnings ratio of 12.75 and a beta of 0.24. The business has a 50 day moving average price of C$115.63 and a 200 day moving average price of C$120.33. The company has a quick ratio of 1.59, a current ratio of 3.32 and a debt-to-equity ratio of 6.00. Olympia Financial Group has a twelve month low of C$97.40 and a twelve month high of C$134.24.

Olympia Financial Group (TSE:OLY) last announced its quarterly earnings data on Thursday, November 13th. The health services provider reported C$1.93 EPS for the quarter. The company had revenue of C$23.80 million during the quarter. Olympia Financial Group had a return on equity of 64.95% and a net margin of 23.82%. Research analysts predict that Olympia Financial Group will post 3.06 earnings per share for the current year.

Olympia Financial Group Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, November 28th. Stockholders of record on Friday, November 28th were given a dividend of $0.60 per share. The ex-dividend date was Wednesday, November 19th. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. Olympia Financial Group’s payout ratio is presently 80.72%.

Insiders Place Their Bets

In other Olympia Financial Group news, Director Anthony Lanzl sold 1,500 shares of the company’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of C$114.00, for a total transaction of C$171,000.00. Following the completion of the sale, the director owned 5,571 shares in the company, valued at approximately C$635,094. The trade was a 21.21% decrease in their position. In the last quarter, insiders have purchased 1,000 shares of company stock valued at $114,905 and have sold 2,500 shares valued at $284,640. 34.63% of the stock is owned by corporate insiders.

About Olympia Financial Group

Olympia Financial Group Inc is engaged in providing financial services. The company’s operating segments are Private Health Services Plan division which markets, sells and administers health and dental benefits to business owners; Investment Account Services division specializes in registered account administration; The Currency and Global Payments division provides corporations and private clients a personalized service for buying and selling foreign currencies; The Exempt Edge division is focused on Onboarding fees; The Corporate and Shareholder Services division, which acts as a cost centre and the Corporate Division.