Sleep Country Canada Holdings Inc (TSE:ZZZ) announced a quarterly dividend on Thursday, February 14th, TickerTech reports. Investors of record on Tuesday, February 26th will be given a dividend of 0.185 per share on Tuesday, February 26th. This represents a $0.74 annualized dividend and a dividend yield of 3.66%. The ex-dividend date of this dividend is Thursday, February 14th.
Shares of TSE ZZZ traded up C$0.05 during mid-day trading on Friday, hitting C$20.24. 38,100 shares of the stock traded hands, compared to its average volume of 105,902. The company has a quick ratio of 0.66, a current ratio of 1.40 and a debt-to-equity ratio of 35.64. Sleep Country Canada has a twelve month low of C$18.79 and a twelve month high of C$37.24. The company has a market cap of $749.06 million and a price-to-earnings ratio of 12.42.
Several equities research analysts recently weighed in on the company. Royal Bank of Canada cut their price objective on Sleep Country Canada from C$32.00 to C$31.00 and set an “outperform” rating on the stock in a report on Wednesday, January 23rd. Laurentian raised their price objective on Sleep Country Canada from C$35.00 to C$36.00 in a report on Monday, December 3rd. BMO Capital Markets cut their price objective on Sleep Country Canada from C$39.00 to C$30.00 in a report on Monday, November 5th. National Bank Financial cut their target price on Sleep Country Canada from C$37.00 to C$34.00 and set an “outperform” rating on the stock in a report on Wednesday, October 17th. Finally, CIBC downgraded Sleep Country Canada from an “outperform” rating to a “neutral” rating and cut their target price for the stock from C$34.00 to C$25.00 in a report on Monday, November 5th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of C$29.31.
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About Sleep Country Canada
Sleep Country Canada Holdings Inc engages in retailing mattress and bedding related products. The company offers a range of mattresses, adjustable lifestyle bases, pillows, duvets, sheets, headboards, frames, mattress protectors, pillow protectors, and other sleep accessories. The company operates under the Dormez-vous and Sleep Country Canada retail banners.
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