Titan America SA (TTAM) to Issue — Dividend of $0.04 on June 25th

Titan America SA (NYSE:TTAM) announced a — dividend on Wednesday, May 7th, Wall Street Journal reports. Investors of record on Wednesday, June 4th will be given a dividend of 0.04 per share on Wednesday, June 25th. The ex-dividend date of this dividend is Wednesday, June 4th.

Titan America Price Performance

NYSE:TTAM opened at $13.97 on Friday. Titan America has a 12 month low of $10.80 and a 12 month high of $17.78. The stock has a 50-day moving average of $13.09.

Titan America (NYSE:TTAM) last announced its earnings results on Monday, May 5th. The company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.02. The firm had revenue of $392.44 million during the quarter, compared to the consensus estimate of $391.96 million. Titan America’s quarterly revenue was down 1.9% on a year-over-year basis.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on TTAM shares. Citigroup assumed coverage on Titan America in a research note on Tuesday, March 4th. They set a “buy” rating and a $19.00 price objective for the company. Sanford C. Bernstein began coverage on shares of Titan America in a research report on Tuesday, March 4th. They issued a “market perform” rating and a $17.00 price target for the company. HSBC began coverage on shares of Titan America in a report on Wednesday, March 12th. They set a “buy” rating and a $19.00 price objective for the company. Jefferies Financial Group initiated coverage on shares of Titan America in a research note on Wednesday, March 5th. They set a “buy” rating and a $19.00 price objective for the company. Finally, Hsbc Global Res raised shares of Titan America to a “strong-buy” rating in a research note on Wednesday, March 12th. Four investment analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Titan America presently has an average rating of “Moderate Buy” and an average price target of $17.29.

Titan America Company Profile

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.