Q2 2018 EPS Estimates for Street Capital Group Inc (SCB) Raised by Analyst

Street Capital Group Inc (TSE:SCB) – Equities researchers at Cormark increased their Q2 2018 earnings per share (EPS) estimates for shares of Street Capital Group in a research note issued to investors on Wednesday. Cormark analyst J. Fenwick now anticipates that the financial services provider will earn $0.06 per share for the quarter, up from their prior forecast of $0.05.

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A number of other equities analysts have also recently commented on the company. Raymond James Financial, Inc. reduced their price target on Street Capital Group from C$1.85 to C$1.60 and set an “outperform” rating for the company in a report on Thursday, May 11th. National Bank Financial cut Street Capital Group from an “outperform market weight” rating to a “sector perform market weight” rating in a report on Thursday, April 27th.

Shares of Street Capital Group (TSE SCB) traded up 6.25% on Friday, reaching $1.19. The company’s stock had a trading volume of 7,600 shares. Street Capital Group has a 52-week low of $1.08 and a 52-week high of $2.44. The company has a market cap of $145.15 million and a P/E ratio of 31.32. The company has a 50 day moving average price of $1.23 and a 200 day moving average price of $1.42.

In other news, Director Ronald Anthony Marsha Lalonde acquired 22,300 shares of Street Capital Group stock in a transaction dated Monday, May 15th. The stock was bought at an average price of C$1.30 per share, for a total transaction of C$28,990.00.

Street Capital Group Company Profile

Street Capital Group Inc, a financial services company, through its subsidiaries, primarily engages in the mortgage lending business in Canada. It provides a broad lineup of high ratio and conventional mortgages to borrowers, as well as sells the mortgages. The company offers residential mortgage loans primarily through its network of independent mortgage brokers.

Earnings History and Estimates for Street Capital Group (TSE:SCB)

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