Fintel (LON:FNTL) Posts Earnings Results

Fintel (LON:FNTL) issued its quarterly earnings results on Tuesday. The company reported GBX 13.20 ($0.17) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Fintel had a return on equity of 5.86% and a net margin of 8.56%.

Fintel Trading Up 3.0 %

FNTL opened at GBX 255.50 ($3.32) on Wednesday. The firm has a 50 day simple moving average of GBX 268.91 and a 200 day simple moving average of GBX 276.20. Fintel has a fifty-two week low of GBX 240.90 ($3.13) and a fifty-two week high of GBX 329 ($4.28). The company has a market cap of £268.24 million, a price-to-earnings ratio of 45.82 and a beta of 1.17. The company has a debt-to-equity ratio of 17.73, a current ratio of 0.75 and a quick ratio of 0.85.

Fintel Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Thursday, May 22nd will be paid a GBX 2.45 ($0.03) dividend. This represents a dividend yield of 0.99%. The ex-dividend date is Thursday, May 22nd. This is a positive change from Fintel’s previous dividend of $1.20. Fintel’s dividend payout ratio (DPR) is 71.73%.

Insiders Place Their Bets

In related news, insider David Thompson bought 8,064 shares of Fintel stock in a transaction on Wednesday, February 12th. The shares were purchased at an average price of GBX 267 ($3.47) per share, for a total transaction of £21,530.88 ($27,991.26). Company insiders own 41.30% of the company’s stock.

Fintel Company Profile

Fintel is a UK fintech and support services business, combining the award-winning intermediary business support services, and the leading research, ratings and fintech businesses.

Fintel provides technology, compliance and regulatory support to thousands of intermediary businesses, data and targeted distribution services to hundreds of product providers and empowers millions of consumers to make better informed financial decisions.