Buy, Sell or Hold: Olympia Financial Group (OLY-T) — Stock Predictions at Stockchase

TSE:OLY

47.50

0.49 (1.04%) 1d

Showing 1 to 5 of 5 entries

COMMENT

Very well run, kind of niche financial company. Very sharp management that knows how to make money. They paid a dividend, which may explain the drop in the share price. Not a huge growth business, but pays a regular dividend of around 7%. If you are looking for income, you are well served.

management / diversified

COMMENT

A small trust company operation. Have done quite well in Calgary. Just declared a special dividend. If you buy this stock now, you are not going to get special dividends all the time and you are back into a relatively illiquid stock. The stock will probably go right back to where it was trading before, once the dividend is paid. If you buy you better be ready to hold it for a long time.

management / diversified

COMMENT

All you are going to get in the near term is the 6.9% yield. If you are comfortable with 6.9% and low prospects of it being raised, you are fine. There are better choices in the sector. His favourite is Carfinco Financial (CFN-T). (See Top Picks.)

management / diversified

WEAK BUY

Dividend is sustainable. The rest of the business is not growing that fast so he doesn’t see the dividend growing.

management / diversified

COMMENT

Provincially regulated trust Company. Just reported Q2 earnings and the results were fantastic. 6% dividend is very safe. Very well managed company. Very illiquid in that it can go weeks without trading any shares.

management / diversified

Showing 1 to 5 of 5 entries

Olympia Financial Group(OLY-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Olympia Financial Group is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Olympia Financial Group(OLY-T) Frequently Asked Questions

What is Olympia Financial Group stock symbol?

Olympia Financial Group is a Canadian stock, trading under the symbol OLY-T on the Toronto Stock Exchange (OLY-CT). It is usually referred to as TSX:OLY or OLY-T

Is Olympia Financial Group a buy or a sell?

In the last year, there was no coverage of Olympia Financial Group published on Stockchase.

Is Olympia Financial Group a good investment or a top pick?

Olympia Financial Group was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Olympia Financial Group.

Why is Olympia Financial Group stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Olympia Financial Group worth watching?

In the last year, there was no coverage of Olympia Financial Group published on Stockchase.

What is Olympia Financial Group stock price?

On 2022-01-26, Olympia Financial Group (OLY-T) stock closed at a price of $47.5.

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.