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PIC.A - Premium Income Share Price

C$3.52 0.0  0.9%

Last Trade - 12/08/20

Sector
Financials
Size
Micro Cap
Market Cap £27.4m
Enterprise Value £24.1m
Revenue £6.81m
Position in Universe 953rd / 2676
Bullish
Bearish
Unlock PIC.A Revenue
Momentum
Relative Strength (%)
1m -9.24%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -48.2%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Oct 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
8.94 9.25 9.15 9.13 8.73 10.4 +3.0%
+10.5 +191.6
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the six months ended 30 April 2020, Premium Income Corp. revenues increased 29% to C$6M. Net loss applicable to common stockholders totaled C$67M vs. income of C$10.1M. Revenues reflect Dividend income increase of 35% to C$6M. Net loss reflects Unrealized G/L on Investment Securities decrease from C$8.2M (income) to C$61.5M (expense), FV Adjustments of Financial Investments decrease from C$1.7M (income) to C$4.7M (expense).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

PIC.A Net Income Unlock PIC.A Revenue

Normalised EPS

PIC.A Normalised EPS Unlock PIC.A Revenue

PE Ratio Range

PIC.A PE Ratio Range Unlock PIC.A Revenue

Dividend Yield Range

PIC.A Dividend Yield Range Unlock PIC.A Revenue
Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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EPS
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DPS
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Net Profit
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EPS
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DPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
PIC.A EPS Forecasts Unlock PIC.A Revenue
Profile Summary

Premium Income Corporation is a split share company. The Fund's investment objectives are to provide preferred shareholders with cumulative preferential quarterly cash distributions of $0.215625 per share; provide Class A shareholders with quarterly cash distributions of $0.20319 per share, and return the original issue price to holders of both preferred shares and Class A shares upon windup of the Fund. It invests approximately 75% of its net asset value (NAV) in common shares of the Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada and The Toronto-Dominion Bank (collectively, the Banks) and may also invest up to 25% of its NAV in common shares of National Bank of Canada. In addition, the Fund may purchase public investment funds, including exchange-traded funds and other Strathbridge Asset Management Inc. (Strathbridge) funds that provide exposure to such common shares. Strathbridge is the investment manager of the Fund.

Directors
Last Annual October 31st, 2019
Last Interim April 30th, 2020
Incorporated August 27, 1996
Public Since October 30, 1996
No. of Shareholders: n/a
No. of Employees: n/a
Sector Financials
Industry Collective Investments
Index
Exchange Toronto Stock Exchange
Shares in Issue 13,445,291
Free Float (0.0%)
Eligible for
ISAs
SIPPs
PIC.A Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for PIC.A
Upcoming Events for PIC.A
Frequently Asked Questions for Premium Income
What is the Premium Income share price?

As of 12/08/20, shares in Premium Income are trading at C$3.52, giving the company a market capitalisation of £27.4m. This share price information is delayed by 15 minutes.

How has the Premium Income share price performed this year?

Shares in Premium Income are currently trading at C$3.52 and the price has moved by -44.13% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Premium Income price has moved by -45.65% over the past year.

What are the analyst and broker recommendations for Premium Income?

There are no analysts currently covering Premium Income.

When will Premium Income next release its financial results?

Premium Income is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-04-30
What is the Premium Income dividend yield?

The Premium Income dividend yield is 20.16% based on the trailing twelve month period.

Does Premium Income pay a dividend?

Last year, Premium Income paid a total dividend of 0.71, and it currently has a trailing dividend yield of 20.16%. Looking ahead, Premium Income has not announced an ex-dividend date yet.

When does Premium Income next pay dividends?

Premium Income has yet to annouce their ex-dividend date. The historic dividend yield on Premium Income shares is currently 20.16%.

How do I buy Premium Income shares?

To buy shares in Premium Income you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Premium Income?

Shares in Premium Income are currently trading at C$3.52, giving the company a market capitalisation of £27.4m.

Where are Premium Income shares listed? Where are Premium Income shares listed?

Here are the trading details for Premium Income:

Country of listing: Canada
Exchange: TOR
Ticker Symbol: PIC.A
What kind of share is Premium Income?

Based on an overall assessment of its quality, value and momentum, Premium Income is currently classified as a Contrarian. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Premium Income share price forecast 2020?

We were not able to load any forecast data for Premium Income.

How can I tell whether the Premium Income share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Premium Income. Over the past six months, the relative strength of its shares against the market has been -40.46%. At the current price of C$3.52, shares in Premium Income are trading at -29.37% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Premium Income PE Ratio?

We were not able to find PE ratio data for Premium Income.

Who are the key directors of Premium Income?

Premium Income's management team is headed by:

John Mulvihill - CHM
Michael Koerner - OTH
Robert Korthals - OTH
Robert Bertram - OTH
John Germain - DRC
Who are the major shareholders of Premium Income?

Here are the top five shareholders of Premium Income based on the size of their shareholding:

Strathbridge Asset Management Inc. Investment Advisor
Percentage owned: % (n/a shares)
Top 10 Split Trust Mutual Fund
Percentage owned: % (n/a shares)
World Financial Split Corp. Mutual Fund
Percentage owned: % (n/a shares)
Top 10 Canadian Financial Trust Mutual Fund
Percentage owned: % (n/a shares)
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