FY2019 Earnings Estimate for DHX Media Ltd. Issued By Cormark (DHX)

DHX Media Ltd. (TSE:DHX) – Cormark reduced their FY2019 earnings estimates for shares of DHX Media in a research report issued to clients and investors on Wednesday. Cormark analyst D. Mcfadgen now forecasts that the company will earn $0.24 per share for the year, down from their prior estimate of $0.25.

Other equities analysts also recently issued reports about the stock. Clarus Securities restated a “speculative buy” rating on shares of DHX Media in a research report on Friday, September 29th. National Bank Financial cut shares of DHX Media from an “outperform market weight” rating to a “sector perform market weight” rating in a research report on Thursday, September 28th.

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Shares of DHX Media (DHX) remained flat at $C$8.75 during mid-day trading on Monday. DHX Media has a 12-month low of C$3.33 and a 12-month high of C$8.89.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 18th. Shareholders of record on Tuesday, November 28th will be given a $0.02 dividend. This represents a $0.08 annualized dividend and a yield of 0.91%. The ex-dividend date is Monday, November 27th.

About DHX Media

DHX Media Ltd. (DHX) is a Canada-based company engaged in the supply and distribution of television and film productions. The Company creates, produces and licenses of family entertainment rights. DHX owns, markets and distributes over 8,500 half hours of children’s entertainment content, and exploits owned properties through its consumer products licensing business.

Earnings History and Estimates for DHX Media (TSE:DHX)

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