Super Group (SGHC) Limited (SGHC) To Go Ex-Dividend on February 2nd

Super Group (SGHC) Limited (NYSE:SGHC) announced a special dividend on Wednesday, January 21st. Stockholders of record on Monday, February 2nd will be given a dividend of 0.25 per share on Monday, February 9th. The ex-dividend date of this dividend is Monday, February 2nd.

Super Group (SGHC) has a payout ratio of 23.2% indicating that its dividend is sufficiently covered by earnings. Analysts expect Super Group (SGHC) to earn $0.49 per share next year, which means the company should continue to be able to cover its $0.16 annual dividend with an expected future payout ratio of 32.7%.

Super Group (SGHC) Stock Performance

Shares of SGHC opened at $9.47 on Friday. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.02. Super Group has a 52-week low of $5.59 and a 52-week high of $14.38. The company has a 50-day simple moving average of $10.99 and a 200-day simple moving average of $11.68. The company has a market capitalization of $4.76 billion, a PE ratio of 22.01 and a beta of 1.08.

Super Group (SGHC) (NYSE:SGHC) last released its quarterly earnings data on Monday, November 3rd. The company reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.05. The firm had revenue of $557.00 million during the quarter, compared to the consensus estimate of $436.19 million. Super Group (SGHC) had a return on equity of 43.14% and a net margin of 10.05%. Equities research analysts predict that Super Group will post 0.29 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on SGHC shares. Wall Street Zen downgraded shares of Super Group (SGHC) from a “strong-buy” rating to a “buy” rating in a research note on Monday, January 12th. Benchmark reduced their price target on Super Group (SGHC) from $18.00 to $17.00 and set a “buy” rating on the stock in a research note on Friday, November 28th. Macquarie restated an “outperform” rating and set a $19.00 price objective on shares of Super Group (SGHC) in a report on Wednesday, November 5th. Needham & Company LLC upped their target price on Super Group (SGHC) from $15.00 to $17.00 and gave the company a “buy” rating in a research note on Wednesday, November 5th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Super Group (SGHC) in a research report on Tuesday. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Super Group (SGHC) has a consensus rating of “Buy” and a consensus target price of $16.78.

About Super Group (SGHC)

Super Group (NYSE: SGHC) is a global sports betting and iGaming operator that offers online wagering and gaming solutions under well-known brands such as Betway and Spin. The company’s technology platform supports fixed-odds and in-play sports betting, virtual sports, eSports wagering and a diverse suite of casino games, including slots, table games and live dealer experiences. Super Group’s digital infrastructure is designed to deliver a seamless, secure user experience across desktop and mobile devices.

The company holds operating licenses in multiple regulated jurisdictions, including the United Kingdom, Malta, Italy, Spain and selected states in the United States.