Information Services Co. (ISV) To Go Ex-Dividend on June 28th

Information Services Co. (TSE:ISV) declared a quarterly dividend on Tuesday, May 7th, Zacks reports. Investors of record on Sunday, June 30th will be given a dividend of 0.23 per share on Monday, July 15th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 3.36%. The ex-dividend date of this dividend is Friday, June 28th.

Information Services Stock Performance

ISV opened at C$27.42 on Wednesday. Information Services has a 1-year low of C$19.22 and a 1-year high of C$28.65. The company has a market capitalization of C$497.12 million, a price-to-earnings ratio of 26.62, a price-to-earnings-growth ratio of 1.19 and a beta of 0.61. The business has a 50 day moving average price of C$26.08 and a two-hundred day moving average price of C$24.82. The company has a debt-to-equity ratio of 110.16, a current ratio of 0.73 and a quick ratio of 1.69.

Information Services (TSE:ISV) last announced its earnings results on Tuesday, May 7th. The company reported C$0.46 earnings per share for the quarter. The business had revenue of C$56.40 million during the quarter, compared to analysts’ expectations of C$56.30 million. Information Services had a return on equity of 11.48% and a net margin of 8.39%. Research analysts predict that Information Services will post 1.9297857 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Raymond James lifted their target price on Information Services from C$27.00 to C$34.00 and gave the stock an “outperform” rating in a report on Thursday, March 14th. CIBC boosted their price objective on Information Services from C$31.00 to C$32.00 in a report on Thursday, March 14th. Finally, Royal Bank of Canada upped their price objective on shares of Information Services from C$24.00 to C$27.00 and gave the company a “sector perform” rating in a research note on Thursday, March 14th.

Insider Buying and Selling

In other Information Services news, Senior Officer Shawn Peters bought 5,000 shares of the stock in a transaction on Monday, May 27th. The shares were bought at an average price of C$26.03 per share, with a total value of C$130,145.00. Company insiders own 30.05% of the company’s stock.

Information Services Company Profile

Information Services Corporation provides registry and information management services for public data and records in Canada. It operates through three segments: Registry Operations, Services, and Technology Solutions. The company provides land titles registry services that issues titles to land and registers transactions affecting titles; land survey services, which registers land survey plans and creates a representation of Saskatchewan land parcels in the cadastral parcel mapping system; and geomatics services that manages geographic data in relation to the cadastral parcel mapping system.