Shore Capital Reiterates “House Stock” Rating for H&T Group (LON:HAT)

Shore Capital restated their house stock rating on shares of H&T Group (LON:HAT) in a research note published on Tuesday morning,Digital Look reports.

H&T Group Stock Up 3.3 %

Shares of LON:HAT opened at GBX 403 ($5.23) on Tuesday. The business has a 50-day moving average price of GBX 354.53 and a 200 day moving average price of GBX 360.30. H&T Group has a 12-month low of GBX 325.50 ($4.22) and a 12-month high of GBX 440 ($5.71). The company has a market capitalization of £175.61 million, a price-to-earnings ratio of 7.97 and a beta of 0.69. The company has a current ratio of 15.96, a quick ratio of 4.55 and a debt-to-equity ratio of 46.82.

H&T Group (LON:HAT) last announced its earnings results on Tuesday, March 18th. The company reported GBX 51.17 ($0.66) EPS for the quarter. H&T Group had a return on equity of 12.14% and a net margin of 9.06%. Sell-side analysts expect that H&T Group will post 54.3859649 EPS for the current year.

H&T Group Increases Dividend

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

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.