Q3 2017 EPS Estimates for Street Capital Group Inc Cut by Analyst (SCB)

Street Capital Group Inc (TSE:SCB) – Equities research analysts at Cormark dropped their Q3 2017 earnings per share estimates for shares of Street Capital Group in a research note issued on Wednesday. Cormark analyst J. Fenwick now anticipates that the financial services provider will post earnings of $0.04 per share for the quarter, down from their prior forecast of $0.05. Cormark also issued estimates for Street Capital Group’s Q4 2017 earnings at $0.01 EPS, FY2017 earnings at $0.07 EPS, Q1 2018 earnings at $0.01 EPS, Q4 2018 earnings at $0.04 EPS and FY2018 earnings at $0.18 EPS.

SCB has been the subject of a number of other research reports. National Bank Financial cut Street Capital Group from an “outperform market weight” rating to a “sector perform market weight” rating in a report on Thursday, April 27th. Raymond James Financial, Inc. lowered their target price on Street Capital Group from C$1.85 to C$1.60 and set an “outperform” rating for the company in a report on Thursday, May 11th.

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Street Capital Group (SCB) opened at 1.14 on Thursday. Street Capital Group has a 12-month low of $1.08 and a 12-month high of $2.44. The company has a 50-day moving average price of $1.24 and a 200 day moving average price of $1.43. The company has a market cap of $138.60 million and a PE ratio of 12.95.

In other news, Director Ronald Anthony Marsha Lalonde bought 22,300 shares of the stock in a transaction on Monday, May 15th. The stock was acquired at an average price of C$1.30 per share, with a total value of C$28,990.00.

About Street Capital Group

Street Capital Group Inc, a financial services company, through its subsidiaries, primarily engages in the mortgage lending business in Canada. It provides a broad lineup of high ratio and conventional mortgages to borrowers, as well as sells the mortgages. The company offers residential mortgage loans primarily through its network of independent mortgage brokers.

Earnings History and Estimates for Street Capital Group (TSE:SCB)

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