Spin Master Corp. (TOY) To Go Ex-Dividend on June 26th

Spin Master Corp. (TSE:TOY) declared a quarterly dividend on Friday, June 26th, TickerTech Dividends reports. Investors of record on Friday, July 10th will be paid a dividend of 0.12 per share on Friday, July 10th. This represents a c) dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Friday, June 26th.

Spin Master Stock Performance

TOY stock opened at C$18.00 on Wednesday. The stock’s 50 day simple moving average is C$18.76 and its 200 day simple moving average is C$19.03. The company has a current ratio of 1.10, a quick ratio of 2.06 and a debt-to-equity ratio of 35.23. Spin Master has a 12-month low of C$17.13 and a 12-month high of C$26.34. The stock has a market capitalization of C$1.81 billion, a PE ratio of -11.69, a price-to-earnings-growth ratio of 0.57 and a beta of 0.78.

Spin Master (TSE:TOY) last posted its earnings results on Thursday, April 30th. The company reported C($0.33) EPS for the quarter. Spin Master had a negative return on equity of 12.40% and a negative net margin of 7.69%.The business had revenue of C$456.71 million during the quarter. As a group, research analysts forecast that Spin Master will post 3.1361829 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently commented on TOY shares. Jefferies Financial Group increased their price objective on Spin Master from C$23.00 to C$26.00 and gave the company a “buy” rating in a research report on Friday, May 1st. Royal Bank Of Canada decreased their target price on Spin Master from C$27.00 to C$25.00 and set an “outperform” rating for the company in a research report on Friday, March 6th. Stifel Nicolaus upped their target price on shares of Spin Master from C$20.00 to C$21.00 and gave the company a “hold” rating in a research note on Friday, March 6th. ATB Cormark Capital Markets raised their price target on shares of Spin Master from C$36.00 to C$38.00 and gave the company an “outperform” rating in a report on Friday, March 6th. Finally, Canaccord Genuity Group dropped their price target on shares of Spin Master from C$22.00 to C$20.00 and set a “hold” rating on the stock in a report on Friday, March 6th. Five investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$27.22.

Spin Master Company Profile

Spin Master Corp. (TSX:TOY) is a leading global children’s entertainment company, creating exceptional play experiences across its three creative centres: Toys, Entertainment and Digital Games. With worldwide toy distribution, Spin Master is best known for award-winning brands including PAW Patrol ®, Melissa & Doug ®, Bakugan ® and Rubik’s ® Cube, and is the global toy licensee for other iconic properties. Through its in-house entertainment studio, the company creates and produces captivating multiplatform content including powerhouse preschool franchise PAW Patrol, along with other original shows, short-form series and feature films.