Savaria Co. (TSE:SIS) – Stock analysts at National Bank Financial reduced their FY2017 earnings per share estimates for shares of Savaria in a report issued on Wednesday. National Bank Financial analyst L. Aghazarian now anticipates that the company will post earnings of $0.38 per share for the year, down from their previous estimate of $0.42. National Bank Financial also issued estimates for Savaria’s Q4 2017 earnings at $0.11 EPS and FY2018 earnings at $0.52 EPS.

SIS has been the subject of several other research reports. Desjardins reiterated a “buy” rating and issued a C$16.50 price objective on shares of Savaria in a research note on Wednesday, October 18th. Laurentian dropped their price objective on shares of Savaria from C$18.50 to C$17.50 in a research note on Friday, August 11th.

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Shares of Savaria (TSE SIS) opened at C$15.13 on Friday. Savaria has a 12 month low of C$9.85 and a 12 month high of C$17.55.

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 16th. Shareholders of record on Thursday, November 2nd will be issued a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 0.79%. The ex-dividend date of this dividend is Wednesday, November 1st. Savaria’s dividend payout ratio is currently 70.00%.

Savaria Company Profile

Savaria Corporation is a Canada-based company, which offers a range of stairlifts, platform lifts, and residential and commercial elevators. The Company operates through two segments: Accessibility and Adapted Vehicles. The Accessibility segment designs, manufactures, distributes and installs accessibility products, such as stairlifts for both straight and curved stairs, vertical and inclined platform lifts and elevators for home and commercial use.

Earnings History and Estimates for Savaria (TSE:SIS)

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