Callidus Capital Co. (CBL) Set to Announce Quarterly Earnings on Monday

Callidus Capital Co. (TSE:CBL) is scheduled to be announcing its earnings results after the market closes on Monday, November 13th. Analysts expect the company to announce earnings of C$0.22 per share for the quarter.

Shares of Callidus Capital Co. (TSE:CBL) opened at C$10.75 on Friday. Callidus Capital Co. has a 52-week low of C$9.30 and a 52-week high of C$20.89.

The company also recently announced a monthly dividend, which was paid on Friday, October 20th. Investors of record on Friday, September 29th were given a dividend of $0.10 per share. The ex-dividend date was Thursday, September 28th. This represents a $1.20 dividend on an annualized basis and a yield of 11.16%. Callidus Capital’s payout ratio is -63.25%.

ILLEGAL ACTIVITY NOTICE: This piece was published by Chaffey Breeze and is owned by of Chaffey Breeze. If you are viewing this piece on another site, it was stolen and republished in violation of US & international copyright and trademark law. The original version of this piece can be read at https://www.chaffeybreeze.com/2017/11/12/callidus-capital-co-cbl-set-to-announce-quarterly-earnings-on-monday.html.

A number of equities research analysts recently commented on CBL shares. National Bank Financial cut shares of Callidus Capital from an “outperform” rating to a “sector perform” rating and decreased their target price for the company from C$18.00 to C$11.00 in a research report on Thursday, August 17th. Canaccord Genuity decreased their target price on shares of Callidus Capital from C$13.50 to C$11.50 in a research report on Monday, August 14th.

In other news, insider Joseph C. Lewis bought 3,500 shares of the firm’s stock in a transaction that occurred on Wednesday, October 25th. The stock was bought at an average price of C$9.99 per share, with a total value of C$34,965.00. Also, insider Joseph C. Lewis bought 19,000 shares of the firm’s stock in a transaction that occurred on Friday, October 27th. The shares were purchased at an average cost of C$10.15 per share, with a total value of C$192,850.00. Insiders have purchased 40,700 shares of company stock valued at $407,596 in the last three months.

About Callidus Capital

Callidus Capital Corporation (Callidus) is a Canada-based company, which is engaged in providing financing solutions for companies that are unable to obtain financing from lending institutions. The Company operates a finance business that provides senior secured asset-based loans and lending services to mid-market companies operating in Canada and the United States.

Receive News & Ratings for Callidus Capital Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Callidus Capital Co. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply