Jamieson Wellness Inc. (TSE:JWEL – Get Free Report) has been given an average recommendation of “Hold” by the five brokerages that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation and one has issued a buy recommendation on the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is C$46.07.
Several research analysts have commented on JWEL shares. National Bank Financial downgraded Jamieson Wellness from an “outperform” rating to a “tender” rating and cut their target price for the stock from C$51.00 to C$45.75 in a research note on Monday, August 31st. Canadian Imperial Bank of Commerce downgraded shares of Jamieson Wellness from an “outperformer” rating to a “tender” rating and lifted their target price for the stock from C$44.00 to C$45.75 in a research note on Friday, August 7th. Royal Bank Of Canada lowered shares of Jamieson Wellness from an “outperform” rating to a “sector perform” rating and cut their target price for the company from C$46.00 to C$45.75 in a research note on Monday, August 10th. TD cut shares of Jamieson Wellness from a “hold” rating to a “sell” rating and dropped their target price for the company from C$49.00 to C$45.75 in a report on Friday. Finally, Canaccord Genuity Group lowered shares of Jamieson Wellness from a “buy” rating to a “hold” rating and raised their price objective for the company from C$44.50 to C$45.75 in a research note on Monday, August 10th.
View Our Latest Stock Report on JWEL
Jamieson Wellness Price Performance
Jamieson Wellness (TSE:JWEL – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported C$0.46 earnings per share for the quarter. The business had revenue of C$233.84 million for the quarter. Jamieson Wellness had a net margin of 8.92% and a return on equity of 15.93%. On average, analysts expect that Jamieson Wellness will post 2.1438892 earnings per share for the current year.
Jamieson Wellness Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 15th were given a $0.25 dividend. This is a positive change from Jamieson Wellness’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Monday, August 31st. This represents a $1.00 dividend on an annualized basis and a yield of 2.2%. Jamieson Wellness’s payout ratio is presently 50.27%.
About Jamieson Wellness
Jamieson Wellness Inc is engaged in the manufacturing, distributing, and marketing of branded natural health products, including vitamins, minerals, and supplements. The company operates in two segments: The Jamieson brands and The Strategic Partners. The majority of its revenue comes from the Jamieson brand segment. Some of its brands are Jamieson, Progressive, Precision, and Iron Vegan. Geographically, most of its revenue is derived from the domestic market.
Featured Stories
- Five stocks we like better than Jamieson Wellness
- Carnival and CarMax Pop on Strong Earnings, but Challenges Remain
- 3 Income Stocks Under $30 That Yield More Than the 10-Year Treasury Note
- 3 AI Winners, 3 Very Different Paths to Higher Margins
- Plexus Is Booming—But Can the Growth Story Last?
Receive News & Ratings for Jamieson Wellness Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jamieson Wellness and related companies with MarketBeat.com's FREE daily email newsletter.
