Olympia Financial Group (TSE:OLY) Posts Quarterly Earnings Results

Olympia Financial Group (TSE:OLY) announced its earnings results on Thursday. The health services provider reported C$2.32 EPS for the quarter, FiscalAI reports. The business had revenue of C$22.06 million during the quarter. Olympia Financial Group had a net margin of 20.20% and a return on equity of 45.15%.

Olympia Financial Group Stock Performance

TSE:OLY opened at C$122.75 on Friday. The company has a current ratio of 180.32, a quick ratio of 1.59 and a debt-to-equity ratio of 13.18. Olympia Financial Group has a 12-month low of C$105.25 and a 12-month high of C$134.24. The stock has a 50-day moving average price of C$121.37 and a 200 day moving average price of C$117.70. The stock has a market capitalization of C$295.34 million, a P/E ratio of 14.88 and a beta of 0.32.

Olympia Financial Group Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 29th will be paid a $0.60 dividend. The ex-dividend date of this dividend is Wednesday, May 20th. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%. Olympia Financial Group’s dividend payout ratio is 87.27%.

Wall Street Analyst Weigh In

Separately, Fundamental Research set a C$167.49 price objective on Olympia Financial Group and gave the company a “buy” rating in a research report on Tuesday, March 17th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of C$167.49.

About Olympia Financial Group

Olympia Financial Group Inc (“OFGI”) conducts most of its operations through its subsidiary Olympia Trust Company, a non-deposit taking trust company. Olympia Trust Company is licensed to conduct trust activities in Alberta, British Columbia, Saskatchewan, Manitoba, Quebec, Newfoundland and Labrador, Prince Edward Island, New Brunswick, and Nova Scotia. Olympia Trust Company administers self-directed registered plan accounts, corporate trust, and transfer agency services. OFGI also provides currency exchange and global payment services through its subsidiary Olympia Currency and Global Payments Inc, and offers private health services plans and information technology services to exempt market dealers, registrants, and issuers through its subsidiary Olympia Benefits Inc OFGI’s common shares are listed on the Toronto Stock Exchange under the symbol “OLY”.