Finning International Inc. (OTCMKTS:FINGF) Receives Average Rating of “Moderate Buy” from Analysts

Finning International Inc. (OTCMKTS:FINGF) has been given a consensus recommendation of “Moderate Buy” by the six ratings firms that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company.

A number of equities analysts have recently weighed in on the stock. TD Securities reaffirmed a “buy” rating on shares of Finning International in a research note on Wednesday, May 14th. National Bankshares cut shares of Finning International from an “outperform” rating to a “sector perform” rating in a report on Thursday, May 22nd. Scotiabank restated an “outperform” rating on shares of Finning International in a report on Wednesday, May 14th. Royal Bank of Canada restated an “outperform” rating on shares of Finning International in a report on Thursday, May 15th. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Finning International in a research report on Wednesday, May 14th.

Finning International Trading Down 0.7%

Finning International stock opened at $40.21 on Friday. The stock has a 50-day moving average of $32.30 and a two-hundred day moving average of $29.23. Finning International has a one year low of $23.82 and a one year high of $41.11.

Finning International Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, June 12th. Stockholders of record on Friday, May 30th were paid a dividend of $0.2161 per share. This is a boost from Finning International’s previous dividend of $0.19. This represents a dividend yield of 2.43%. The ex-dividend date was Thursday, May 29th. Finning International’s dividend payout ratio is 37.53%.

Finning International Company Profile

Finning International Inc sells, services, and rents heavy equipment, engines, and related products in Canada, Chile, Bolivia, the United Kingdom, Argentina, Ireland, and internationally. The company offers articulated trucks, asphalt pavers, backhoe loaders, cold planers, compactors, dozers, drills, electric rope shovels, excavators, hydraulic mining shovels, material handlers, motor graders, off-highway trucks, pipelayers, road reclaimers, skid steer and compact track loaders, track loaders, underground-hard rock, wheel loaders, and wheel tractor-scrapers, as well as mobile and stationary generator sets.