Brokers Issue Forecasts for Dexterra Group Inc.’s Q1 2023 Earnings (TSE:DXT)

Dexterra Group Inc. (TSE:DXT – Get Rating) – Stock analysts at National Bank Financial issued their Q1 2023 earnings per share (EPS) estimates for Dexterra Group in a research report issued on Sunday, March 12th. National Bank Financial analyst Z. Evershed expects that the company will post earnings of $0.05 per share for the quarter. The consensus estimate for Dexterra Group’s current full-year earnings is $0.50 per share. National Bank Financial also issued estimates for Dexterra Group’s Q2 2023 earnings at $0.09 EPS, Q3 2023 earnings at $0.09 EPS, Q4 2023 earnings at $0.09 EPS, FY2023 earnings at $0.33 EPS and FY2024 earnings at $0.46 EPS.

Other analysts have also recently issued research reports about the stock. TD Securities lowered their price objective on shares of Dexterra Group from C$8.00 to C$7.50 and set a “buy” rating on the stock in a research report on Thursday, March 9th. Acumen Capital lowered their price target on Dexterra Group from C$9.50 to C$9.00 in a research report on Thursday, February 2nd. National Bankshares cut their target price on Dexterra Group from C$10.00 to C$8.50 and set an “outperform” rating for the company in a research note on Monday. ATB Capital cut their target price on Dexterra Group from C$9.00 to C$8.40 in a research note on Friday, March 10th. Finally, Raymond James cut their target price on Dexterra Group from C$7.50 to C$7.00 and set a “market perform” rating for the company in a research note on Friday, March 10th.

Dexterra Group Trading Up 1.1 %

Shares of Dexterra Group stock opened at C$5.43 on Tuesday. The company has a debt-to-equity ratio of 46.72, a current ratio of 1.47 and a quick ratio of 1.28. Dexterra Group has a 1 year low of C$5.02 and a 1 year high of C$8.28. The firm has a market cap of C$354.20 million, a PE ratio of 33.94, a PEG ratio of 0.90 and a beta of 1.33. The company has a 50 day simple moving average of C$5.63 and a two-hundred day simple moving average of C$5.55.

Dexterra Group Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 17th. Stockholders of record on Friday, March 31st will be paid a dividend of $0.087 per share. This represents a $0.35 dividend on an annualized basis and a dividend yield of 6.41%. The ex-dividend date is Thursday, March 30th. Dexterra Group’s dividend payout ratio (DPR) is presently 218.75%.

Dexterra Group Company Profile

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Dexterra Group Inc provides support services for the creation, management, and operation of infrastructure in Canada. It operates through three segments: Integrated Facilities Management; Modular Solutions; and Workforce Accommodations, Forestry and Energy Services (WAFES). The Integrated Facilities Management segment delivers operation and maintenance solutions for built assets and infrastructure in the public and private sectors, including aviation, defense, retail, healthcare, business and industry, education, rail, hotels and leisure, and government.