H&T Group (LON:HAT) Releases Earnings Results

H&T Group (LON:HAT) issued its earnings results on Tuesday. The company reported GBX 51.17 ($0.67) earnings per share (EPS) for the quarter, Digital Look Earnings reports. H&T Group had a net margin of 9.06% and a return on equity of 12.14%.

H&T Group Stock Performance

LON HAT traded up GBX 8.50 ($0.11) on Thursday, hitting GBX 398.50 ($5.18). The stock had a trading volume of 188,468 shares, compared to its average volume of 89,275. H&T Group has a one year low of GBX 325.50 ($4.23) and a one year high of GBX 440 ($5.72). The company has a quick ratio of 4.55, a current ratio of 15.96 and a debt-to-equity ratio of 46.82. The stock has a market cap of £173.65 million, a price-to-earnings ratio of 7.88 and a beta of 0.69. The company’s 50-day moving average is GBX 353.45 and its two-hundred day moving average is GBX 360.06.

H&T Group Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, June 27th. Shareholders of record on Thursday, May 29th will be given a GBX 11 ($0.14) dividend. This is a boost from H&T Group’s previous dividend of $7.00. The ex-dividend date is Thursday, May 29th. This represents a yield of 2.84%. H&T Group’s dividend payout ratio is 35.61%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on HAT. Canaccord Genuity Group boosted their price objective on shares of H&T Group from GBX 531 ($6.91) to GBX 559 ($7.27) and gave the company a “buy” rating in a research report on Tuesday. Shore Capital reaffirmed a “house stock” rating on shares of H&T Group in a research report on Tuesday.

About H&T Group

H&T is the UK’s largest pawnbroker and provides a range of financial services to meet customers’ needs. We are the 6th largest retailer of high quality pre-owned and new jewellery and watches.

Our ambition is to make pawnbroking a more widely accepted and valued finance service.