H&T Group (LON:HAT) Posts Quarterly Earnings Results

H&T Group (LON:HAT) announced its earnings results on Tuesday. The company reported GBX 51.17 ($0.67) earnings per share (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 Trading Up 3.3 %

Shares of LON:HAT traded up GBX 13 ($0.17) during trading hours on Thursday, hitting GBX 403 ($5.24). 225,683 shares of the company’s stock traded hands, compared to its average volume of 89,939. H&T Group has a 1 year low of GBX 325.50 ($4.23) and a 1 year high of GBX 440 ($5.72). The business has a fifty day moving average price of GBX 353.45 and a 200-day moving average price of GBX 360.06. The firm has a market capitalization of £175.61 million, a P/E ratio of 7.97 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 Increases Dividend

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

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Shore Capital reissued a “house stock” rating on shares of H&T Group in a report on Tuesday. Canaccord Genuity Group raised their price target on H&T Group from GBX 531 ($6.91) to GBX 559 ($7.27) and gave the stock a “buy” rating 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.