Street Capital Group Inc to Post Q3 2017 Earnings of $0.02 Per Share, National Bank Financial Forecasts (TSE:SCB)

Street Capital Group Inc (TSE:SCB) – Equities researchers at National Bank Financial lowered their Q3 2017 earnings per share estimates for Street Capital Group in a research report issued on Thursday. National Bank Financial analyst J. Gloyn now forecasts that the financial services provider will earn $0.02 per share for the quarter, down from their prior estimate of $0.03. National Bank Financial has a “Sector Perform Market Weight” rating on the stock. National Bank Financial also issued estimates for Street Capital Group’s Q4 2017 earnings at $0.04 EPS, FY2017 earnings at $0.08 EPS and FY2018 earnings at $0.17 EPS.

Separately, Raymond James Financial, Inc. dropped their target price on shares of Street Capital Group from C$1.85 to C$1.60 and set an “outperform” rating on the stock in a report on Thursday, May 11th.

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Shares of Street Capital Group (TSE:SCB) opened at 1.11 on Monday. The company has a 50 day moving average of $1.25 and a 200-day moving average of $1.45. Street Capital Group has a 12-month low of $1.08 and a 12-month high of $2.44. The company has a market capitalization of $134.95 million and a P/E ratio of 12.61.

In related news, Director Ronald Anthony Marsha Lalonde acquired 22,300 shares of Street Capital Group stock in a transaction on Monday, May 15th. The stock was purchased at an average cost of C$1.30 per share, with a total value of C$28,990.00.

Street Capital Group Company Profile

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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