Rogers Sugar (TSE:RSI – Free Report) had its price objective raised by TD Securities from C$6.50 to C$7.00 in a research report report published on Friday, BayStreet.CA reports.
Several other equities analysts have also recently weighed in on RSI. National Bankshares set a C$6.00 target price on shares of Rogers Sugar and gave the company a sector perform rating in a research note on Tuesday, March 5th. Desjardins set a C$6.25 price objective on shares of Rogers Sugar and gave the stock a hold rating in a research note on Tuesday, March 5th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat, Rogers Sugar has an average rating of Hold and a consensus price target of C$6.25.
Check Out Our Latest Research Report on Rogers Sugar
Rogers Sugar Trading Up 9.9 %
Rogers Sugar (TSE:RSI – Get Free Report) last issued its quarterly earnings results on Thursday, February 8th. The company reported C$0.10 EPS for the quarter. The firm had revenue of C$288.70 million during the quarter, compared to analysts’ expectations of C$263.70 million. Rogers Sugar had a return on equity of 17.10% and a net margin of 4.50%. On average, equities analysts forecast that Rogers Sugar will post 0.4299835 EPS for the current fiscal year.
Rogers Sugar Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 11th. Stockholders of record on Friday, June 28th will be given a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 6.23%. The ex-dividend date is Friday, June 28th. Rogers Sugar’s payout ratio is presently 85.71%.
Insider Activity at Rogers Sugar
In related news, Director Donald Jewell acquired 40,000 shares of the business’s stock in a transaction on Wednesday, February 28th. The stock was purchased at an average cost of C$5.18 per share, for a total transaction of C$207,200.00. In other Rogers Sugar news, Director Donald Jewell purchased 40,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 28th. The shares were acquired at an average cost of C$5.18 per share, for a total transaction of C$207,200.00. Also, Senior Officer Martin Levesque bought 20,000 shares of the stock in a transaction dated Monday, March 4th. The shares were acquired at an average cost of C$5.17 per share, for a total transaction of C$103,400.00. In the last 90 days, insiders have purchased 62,370 shares of company stock worth $323,050. Insiders own 0.28% of the company’s stock.
Rogers Sugar Company Profile
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.
Read More
- Five stocks we like better than Rogers Sugar
- Why Invest in 5G? How to Invest in 5G Stocks
- MarketBeat Week in Review – 5/6 – 5/10
- What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story
- Bounce Alert: 3 Large Caps With RSIs Too Good To Ignore
- What Do S&P 500 Stocks Tell Investors About the Market?
- Unity Software’s Mixed Q1, But Long-Term Outlook Remains Positive
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.