Park Lawn Co. (TSE:PLC – Get Free Report) has been assigned an average rating of “Moderate Buy” from the seven analysts that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year price target among brokers that have covered the stock in the last year is C$22.63.
A number of equities analysts have recently weighed in on the stock. Royal Bank of Canada reduced their price target on shares of Park Lawn from C$25.00 to C$24.00 and set an “outperform” rating on the stock in a research report on Tuesday, March 5th. CIBC reduced their price target on shares of Park Lawn from C$21.00 to C$20.00 in a research report on Monday, March 11th. Finally, National Bankshares reduced their price target on shares of Park Lawn from C$22.00 to C$21.00 in a research report on Wednesday, March 13th.
View Our Latest Research Report on PLC
Park Lawn Price Performance
Park Lawn (TSE:PLC – Get Free Report) last announced its quarterly earnings data on Thursday, March 7th. The company reported C$0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.28 by C$0.06. Park Lawn had a negative net margin of 2.23% and a negative return on equity of 1.40%. The firm had revenue of C$119.93 million for the quarter, compared to analysts’ expectations of C$120.07 million. As a group, analysts forecast that Park Lawn will post 1.0915631 EPS for the current year.
Park Lawn Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Friday, March 29th were issued a dividend of $0.114 per share. The ex-dividend date was Wednesday, March 27th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 2.84%. Park Lawn’s payout ratio is -153.33%.
About Park Lawn
Park Lawn Corporation, together with its subsidiaries, owns and operates cemeteries, crematoriums, and funeral homes in Canada and the United States. The company primarily offers cemetery lots, mausoleum crypts, niches, monuments, caskets, urns, outer burial containers, flowers, online and video tribute, and other merchandise, as well as funeral, cemetery, and cremation services.
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