Will earnings report, end it’s winning streak? Sprott (NYSE:SII)

Earnings results for Sprott (NYSE:SII)

Sprott Inc. is expected* to report earnings on 11/13/2020 before market open. The report will be for the fiscal Quarter ending Sep 2020. According to Zacks Investment Research, based on 1 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.34. The reported EPS for the same quarter last year was $0.02.

Sprott last issued its quarterly earnings results on August 7th, 2020. The reported $0.41 EPS for the quarter, topping the consensus estimate of $0.26 by $0.15. The company had revenue of $31.04 million for the quarter. Sprott has generated $0.04 earnings per share over the last year and currently has a price-to-earnings ratio of 66.7. Sprott has confirmed that its next quarterly earnings report will be published on Friday, November 13th, 2020.

Analyst Opinion on Sprott (NYSE:SII)

2 Wall Street analysts have issued ratings and price targets for Sprott in the last 12 months. Their average twelve-month price target is $58.00, predicting that the stock has a possible upside of 97.68%. The high price target for SII is $60.00 and the low price target for SII is $56.00. There are currently 2 hold ratings for the stock, resulting in a consensus rating of “Hold.”

Sprott has received a consensus rating of Hold. The company’s average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings. According to analysts’ consensus price target of $58.00, Sprott has a forecasted upside of 97.7% from its current price of $29.34. Sprott has received no research coverage in the past 90 days.

Dividend Strength: Sprott (NYSE:SII)

Sprott pays a meaningful dividend of 3.07%, higher than the bottom 25% of all stocks that pay dividends. Sprott has only been increasing its dividend for 1 years. The dividend payout ratio of Sprott is 2,250.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Sprott will have a dividend payout ratio of 64.29% next year. This indicates that Sprott will be able to sustain or increase its dividend.

Insiders buying/selling: Sprott (NYSE:SII)

In the past three months, Sprott insiders have not sold or bought any company stock. Only 15.82% of the stock of Sprott is held by institutions.

Earnings and Valuation of Sprott (NYSE:SII

Earnings for Sprott are expected to grow by 22.81% in the coming year, from $1.14 to $1.40 per share. The P/E ratio of Sprott is 66.68, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 20.87. The P/E ratio of Sprott is 66.68, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 19.04.

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