Polaris Infrastructure Inc (TSE:PIF) – Analysts at Clarus Securities dropped their Q3 2017 EPS estimates for Polaris Infrastructure in a research report issued on Wednesday. Clarus Securities analyst S. Kammermayer now expects that the company will post earnings of $0.06 per share for the quarter, down from their previous forecast of $0.13. Clarus Securities also issued estimates for Polaris Infrastructure’s FY2017 earnings at $0.23 EPS.
Separately, Raymond James Financial, Inc. reaffirmed an “outperform” rating and set a C$25.00 price target on shares of Polaris Infrastructure in a research report on Thursday, May 4th.
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Polaris Infrastructure (TSE PIF) opened at 17.68 on Thursday. The company’s market cap is $277.10 million. The stock has a 50 day moving average of $16.78 and a 200-day moving average of $15.71. Polaris Infrastructure has a 52-week low of $9.30 and a 52-week high of $18.59.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 28th. Shareholders of record on Monday, August 28th will be issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 3.17%. This is a positive change from Polaris Infrastructure’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend is Tuesday, August 15th.
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