H&T Group (LON:HAT) Announces Earnings Results

H&T Group (LON:HAT) issued its earnings results on Tuesday. The company reported GBX 51.17 ($0.67) EPS 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 Stock Performance

Shares of LON HAT traded up GBX 8.50 ($0.11) during midday trading on Thursday, reaching GBX 398.50 ($5.18). 188,468 shares of the company traded hands, compared to its average volume of 89,275. The stock has a 50-day moving average price of GBX 353.45 and a 200 day moving average price of GBX 360.06. The company has a market cap of £173.65 million, a price-to-earnings 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 52 week low of GBX 325.50 ($4.23) and a 52 week high of GBX 440 ($5.72).

H&T Group Increases Dividend

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

Wall Street Analyst Weigh In

HAT has been the subject of a number of research reports. Canaccord Genuity Group lifted their price objective on shares of H&T Group from GBX 531 ($6.91) to GBX 559 ($7.27) and gave the stock a “buy” rating in a report on Tuesday. Shore Capital reiterated a “house stock” rating on shares of H&T Group in a research note on Tuesday.

About H&T Group

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.