Olympia Financial Group (TSE:OLY) Given a C$167.49 Price Target at Fundamental Research

Fundamental Research set a C$167.49 price target on Olympia Financial Group (TSE:OLY) in a research report report published on Tuesday,BayStreet.CA reports. The firm currently has a buy rating on the health services provider’s stock.

Olympia Financial Group Trading Down 0.5%

Shares of TSE:OLY opened at C$120.46 on Tuesday. The business’s fifty day simple moving average is C$118.01 and its 200-day simple moving average is C$117.95. Olympia Financial Group has a 12-month low of C$99.50 and a 12-month high of C$134.24. The company has a current ratio of 180.32, a quick ratio of 1.59 and a debt-to-equity ratio of 13.18. The company has a market capitalization of C$289.83 million, a PE ratio of 14.60 and a beta of 0.21.

Olympia Financial Group (TSE:OLY) last announced its earnings results on Friday, February 27th. The health services provider reported C$1.83 EPS for the quarter. Olympia Financial Group had a net margin of 20.20% and a return on equity of 45.15%. The business had revenue of C$24.11 million during the quarter. As a group, equities research analysts predict that Olympia Financial Group will post 3.06 earnings per share for the current fiscal year.

Olympia Financial Group Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 31st will be paid a dividend of $0.60 per share. The ex-dividend date is Friday, March 20th. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. Olympia Financial Group’s payout ratio is presently 87.27%.

Insider Transactions at Olympia Financial Group

In related news, insider Neil Robert Mccullagh purchased 512 shares of the firm’s stock in a transaction on Friday, February 6th. The stock was acquired at an average price of C$115.00 per share, with a total value of C$58,880.00. Following the completion of the acquisition, the insider owned 4,454 shares in the company, valued at approximately C$512,210. This represents a 12.99% increase in their position. Insiders own 34.63% of the company’s stock.

About Olympia Financial Group

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”.