Olympia Financial Group (TSE:OLY) Shares Climb 0.4% – Should You Buy?

Olympia Financial Group Inc. (TSE:OLY)’s stock price rose 0.4% on Wednesday. The company traded as high as C$106.99 and last traded at C$106.50. Approximately 278 shares were traded during trading, a decline of 89% from the average session volume of 2,451 shares. The stock had previously closed at C$106.10.

Wall Street Analysts Forecast Growth

Separately, Fundamental Research set a C$166.48 price target on Olympia Financial Group and gave the company a “buy” rating in a research note on Wednesday, August 26th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and an average target price of C$166.48.

Olympia Financial Group Trading Up 0.4%

The firm has a 50-day moving average of C$99.65 and a two-hundred day moving average of C$108.05. The firm has a market capitalization of C$256.24 million, a P/E ratio of 14.01 and a beta of 0.05. The company has a current ratio of 57.49, a quick ratio of 1.59 and a debt-to-equity ratio of 22.31.

Olympia Financial Group (TSE:OLY) last issued its earnings results on Thursday, August 13th. The health services provider reported C$1.53 EPS for the quarter. The firm had revenue of C$21.43 million during the quarter. Olympia Financial Group had a return on equity of 35.11% and a net margin of 17.31%. On average, analysts anticipate that Olympia Financial Group Inc. will post 3.06 EPS for the current year.

Olympia Financial Group Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, October 30th. Investors of record on Friday, October 30th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Wednesday, October 21st. This represents a $6.00 annualized dividend and a yield of 5.6%. Olympia Financial Group’s dividend payout ratio is presently 92.11%.

Insiders Place Their Bets

In other Olympia Financial Group news, Director Brian Ross Newman sold 300 shares of the business’s stock in a transaction on Thursday, August 20th. The shares were sold at an average price of C$104.00, for a total transaction of C$31,200.00. Insiders have sold a total of 1,000 shares of company stock valued at $103,800 in the last quarter. Company insiders own 34.63% of the company’s stock.

Olympia Financial Group Company Profile

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”.