Cormark Has Bullish Outlook for TSE:CF FY2026 Earnings

Canaccord Genuity Group Inc. (TSE:CF) – Cormark increased their FY2026 earnings per share estimates for Canaccord Genuity Group in a report released on Monday, November 17th. Cormark analyst J. Fenwick now forecasts that the financial services provider will post earnings of $0.86 per share for the year, up from their prior forecast of $0.77. The consensus estimate for Canaccord Genuity Group’s current full-year earnings is $0.86 per share. Cormark also issued estimates for Canaccord Genuity Group’s FY2027 earnings at $1.12 EPS.

Canaccord Genuity Group (TSE:CF) last announced its quarterly earnings data on Thursday, November 13th. The financial services provider reported C($2.04) earnings per share (EPS) for the quarter. The company had revenue of C$501.36 million during the quarter. Canaccord Genuity Group had a negative return on equity of 2.33% and a negative net margin of 1.33%.

Separately, TD Securities raised shares of Canaccord Genuity Group from a “hold” rating to a “buy” rating and upped their price objective for the company from C$10.00 to C$12.00 in a research report on Tuesday, August 12th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of C$12.00.

Canaccord Genuity Group Price Performance

Shares of Canaccord Genuity Group stock opened at C$11.07 on Wednesday. The company has a debt-to-equity ratio of 117.91, a current ratio of 1.23 and a quick ratio of 1.05. The company has a market cap of C$1.06 billion, a PE ratio of -4.16, a price-to-earnings-growth ratio of 0.54 and a beta of 1.46. The firm has a fifty day moving average price of C$11.00 and a two-hundred day moving average price of C$10.36. Canaccord Genuity Group has a fifty-two week low of C$7.45 and a fifty-two week high of C$12.46.

Canaccord Genuity Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 10th. Stockholders of record on Wednesday, September 10th were paid a $0.085 dividend. The ex-dividend date was Friday, August 29th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 3.1%. Canaccord Genuity Group’s dividend payout ratio is currently -12.78%.

About Canaccord Genuity Group

Canaccord Genuity Group Inc, a full-service financial services company, provides investment products, and investment banking and brokerage services to institutional, corporate, and private clients. It operates in two segments, Canaccord Genuity Capital Markets and Canaccord Genuity Wealth Management.