Gluskin Sheff + Associates (GS) Earning Neutral News Coverage, InfoTrie Reports
Headlines about Gluskin Sheff + Associates (TSE:GS) have been trending neutral on Friday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Gluskin Sheff + Associates earned a coverage optimism score of 0.31 on their scale. InfoTrie also assigned news articles about the company an news buzz score of 5 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the company’s share price in the near term.
A number of equities analysts have issued reports on GS shares. BMO Capital Markets cut their target price on shares of Gluskin Sheff + Associates from C$16.00 to C$14.00 in a research report on Thursday, October 18th. Royal Bank of Canada cut their target price on shares of Gluskin Sheff + Associates from C$15.00 to C$13.00 and set a “sector perform” rating for the company in a research report on Thursday, November 15th. CIBC cut their price objective on shares of Gluskin Sheff + Associates from C$15.00 to C$13.00 in a research report on Friday, November 16th. Finally, TD Securities cut their price objective on shares of Gluskin Sheff + Associates from C$18.00 to C$16.00 and set a “hold” rating for the company in a research report on Monday, September 24th. Five equities research analysts have rated the stock with a hold rating, The company has a consensus rating of “Hold” and an average price target of C$14.25.
TSE:GS opened at C$10.29 on Friday. Gluskin Sheff + Associates has a 1-year low of C$9.94 and a 1-year high of C$18.05.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 5th. Stockholders of record on Monday, November 26th were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 9.72%. The ex-dividend date was Friday, November 23rd. Gluskin Sheff + Associates’s dividend payout ratio is presently 78.74%.
In other news, Director Nancy Lockhart acquired 5,000 shares of the business’s stock in a transaction dated Thursday, October 25th. The stock was acquired at an average price of C$11.04 per share, with a total value of C$55,200.00.
TRADEMARK VIOLATION NOTICE: This article was reported by Watch List News and is the sole property of of Watch List News. If you are viewing this article on another website, it was copied illegally and reposted in violation of US & international copyright & trademark law. The correct version of this article can be viewed at https://www.watchlistnews.com/gluskin-sheff-associates-gs-earning-neutral-news-coverage-infotrie-reports/2666059.html.
Gluskin Sheff + Associates Company Profile
Gluskin Sheff + Associates Inc is a publicly owned investment manager. The firm also provides wealth management services. It primarily provides its services to high net worth investors, including entrepreneurs, professionals, family trusts, private charitable foundations, pension and profit sharing plans, pooled investment vehicles, charitable organizations , corporations, institutions, insurance companies, and estates.
Receive News & Ratings for Gluskin Sheff + Associates Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gluskin Sheff + Associates and related companies with MarketBeat.com's FREE daily email newsletter.