Rogers Sugar (TSE:RSI) Price Target Raised to C$6.00 at National Bankshares

Rogers Sugar (TSE:RSIFree Report) had its price objective hoisted by National Bankshares from C$5.50 to C$6.00 in a report issued on Friday morning, BayStreet.CA reports. National Bankshares currently has a sector perform rating on the stock.

A number of other equities research analysts have also recently commented on RSI. National Bank Financial reissued a sector perform overweight rating on shares of Rogers Sugar in a research report on Wednesday, October 25th. BMO Capital Markets cut their price objective on shares of Rogers Sugar from C$6.50 to C$6.00 and set a market perform rating for the company in a report on Friday, December 1st. Finally, Scotiabank cut their price objective on Rogers Sugar from C$6.50 to C$6.00 and set a sector perform rating for the company in a research report on Friday, December 1st.

Get Our Latest Research Report on RSI

Rogers Sugar Trading Up 0.9 %

RSI stock opened at C$5.66 on Friday. The firm has a market cap of C$595.15 million, a PE ratio of 12.86 and a beta of 0.59. The firm has a fifty day moving average price of C$5.46 and a 200 day moving average price of C$5.47. The company has a debt-to-equity ratio of 142.84, a quick ratio of 0.56 and a current ratio of 1.75. Rogers Sugar has a fifty-two week low of C$4.96 and a fifty-two week high of C$6.41.

Rogers Sugar (TSE:RSIGet Free Report) last released its quarterly earnings results on Thursday, November 30th. The company reported C$0.10 earnings per share for the quarter. The company had revenue of C$308.04 million for the quarter. Rogers Sugar had a return on equity of 17.31% and a net margin of 4.69%. Sell-side analysts anticipate that Rogers Sugar will post 0.3998574 earnings per share for the current fiscal year.

Rogers Sugar Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 17th. Shareholders of record on Friday, March 29th will be given a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 6.36%. The ex-dividend date of this dividend is Wednesday, March 27th. Rogers Sugar’s dividend payout ratio is currently 81.82%.

Rogers Sugar Company Profile

(Get Free Report)

Rogers Sugar Inc engages in refining, packaging, marketing, and distribution of sugar and maple products in Canada, the United States, Europe, and internationally. The company operates in two segments, Sugar and Maple Products. It offers granulated, plantation raw, yellow, brown, organic, icing, maple, stevia, liquid, smart sweetener blend, and coconut sugar; and syrups, jam and jelly mixes, and iced tea mixes.

Further Reading

Receive News & Ratings for Rogers Sugar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rogers Sugar and related companies with MarketBeat.com's FREE daily email newsletter.