Horizon North Logistics Inc. to Post Q4 2017 Earnings of ($0.02) Per Share, Cormark Forecasts (HNL)

Horizon North Logistics Inc. (TSE:HNL) – Analysts at Cormark issued their Q4 2017 earnings per share estimates for shares of Horizon North Logistics in a research report issued to clients and investors on Wednesday. Cormark analyst J. Zhang expects that the company will earn ($0.02) per share for the quarter. Cormark also issued estimates for Horizon North Logistics’ Q1 2018 earnings at $0.00 EPS, Q2 2018 earnings at $0.00 EPS, Q3 2018 earnings at $0.02 EPS and Q4 2018 earnings at $0.02 EPS.

Several other research analysts also recently commented on HNL. National Bank Financial raised their target price on Horizon North Logistics from C$2.20 to C$2.40 and gave the stock an “outperform” rating in a research note on Thursday, October 5th. Raymond James Financial raised their target price on Horizon North Logistics from C$2.00 to C$2.15 and gave the stock an “outperform” rating in a research note on Friday, October 6th. Finally, Scotiabank set a C$1.50 target price on Horizon North Logistics and gave the stock an “underperform” rating in a research note on Tuesday, January 9th.

Horizon North Logistics (HNL) opened at C$1.64 on Friday. Horizon North Logistics has a 12 month low of C$1.16 and a 12 month high of C$2.35. The company has a market capitalization of $237.27, a PE ratio of -20.50 and a beta of 1.34.

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 15th. Stockholders of record on Friday, December 29th will be given a dividend of $0.02 per share. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 4.88%. Horizon North Logistics’s dividend payout ratio (DPR) is presently -100.00%.

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Horizon North Logistics Company Profile

Horizon North Logistics Inc (Horizon North) is a Canada-based is a remote resource development service company. The Company provides workforce accommodation solutions, camp management and catering services, and road and access matting solutions. The Company’s segments include Camps & Catering, Matting and Corporate.

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