Titan America SA (NYSE:TTAM) Plans Dividend of $0.38

Titan America SA (NYSE:TTAM) announced a dividend on Tuesday, April 1st, investing.com reports. Stockholders of record on Monday, April 7th will be paid a dividend of 0.38 per share on Tuesday, April 15th. This represents a dividend yield of 5.73%. The ex-dividend date of this dividend is Friday, April 4th.

Titan America Stock Up 2.9 %

Shares of NYSE:TTAM opened at $13.56 on Tuesday. Titan America has a one year low of $12.61 and a one year high of $17.78.

Titan America (NYSE:TTAM) last issued its quarterly earnings results on Wednesday, March 26th. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.01). The business had revenue of $389.82 million during the quarter, compared to analysts’ expectations of $393.17 million.

Wall Street Analyst Weigh In

TTAM has been the topic of a number of recent research reports. Sanford C. Bernstein began coverage on shares of Titan America in a research report on Tuesday, March 4th. They set a “market perform” rating and a $17.00 price target on the stock. BNP Paribas upgraded Titan America to a “hold” rating in a report on Tuesday, March 4th. HSBC initiated coverage on shares of Titan America in a report on Wednesday, March 12th. They issued a “buy” rating and a $19.00 price target on the stock. Stifel Nicolaus decreased their price target on shares of Titan America from $19.00 to $16.00 and set a “buy” rating for the company in a research note on Friday. Finally, Citigroup began coverage on shares of Titan America in a research note on Tuesday, March 4th. They set a “buy” rating and a $19.00 price objective on the stock. Four equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $17.43.

About Titan America

Titan America is a leading vertically integrated, multi-regional manufacturer and supplier of heavy building materials and services operating primarily on the Eastern Seaboard of the United States (the “Eastern Seaboard”). We are a leading provider of materials that contribute to lower carbon emissions than traditional building materials and/or beneficial reuse of waste materials.