Morneau Shepell Inc Expected to Post Q1 2019 Earnings of $0.16 Per Share (MSI)

Morneau Shepell Inc (TSE:MSI) – Equities researchers at National Bank Financial issued their Q1 2019 earnings estimates for Morneau Shepell in a report released on Monday, May 6th, according to Zacks Investment Research. National Bank Financial analyst J. Gloyn expects that the company will earn $0.16 per share for the quarter. National Bank Financial has a “Outperform” rating and a $32.00 price objective on the stock. National Bank Financial also issued estimates for Morneau Shepell’s Q2 2019 earnings at $0.19 EPS, Q3 2019 earnings at $0.16 EPS, Q4 2019 earnings at $0.17 EPS and FY2019 earnings at $0.69 EPS.

Separately, TD Securities raised their target price on shares of Morneau Shepell from C$30.00 to C$31.00 and gave the company a “hold” rating in a research note on Thursday, May 9th.

Shares of TSE MSI traded up C$0.16 on Wednesday, reaching C$29.97. 53,335 shares of the company’s stock traded hands, compared to its average volume of 105,192. Morneau Shepell has a 12 month low of C$23.64 and a 12 month high of C$30.05. The company has a market capitalization of $1.91 billion and a price-to-earnings ratio of 115.14. The company has a debt-to-equity ratio of 95.16, a quick ratio of 1.10 and a current ratio of 1.39.

Morneau Shepell (TSE:MSI) last released its quarterly earnings results on Wednesday, March 6th. The company reported C$0.05 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of C$0.06 by C($0.01). The company had revenue of C$200.76 million for the quarter, compared to the consensus estimate of C$203.60 million.

The firm also recently announced a monthly dividend, which will be paid on Friday, May 31st. Shareholders of record on Friday, May 31st will be paid a dividend of $0.065 per share. This represents a $0.78 dividend on an annualized basis and a dividend yield of 2.60%. The ex-dividend date is Thursday, May 30th. Morneau Shepell’s dividend payout ratio is 301.16%.

About Morneau Shepell

Morneau Shepell Inc operates as a human resources consulting and technology company in Canada, the United States, and internationally. The company provides health and productivity, administrative, and retirement solutions to assist employers in managing the financial security, health, and productivity of their employees.

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