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How to buy Financial 15 Split stock in Canada | $11.43

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Financial 15 Split Corp Historical Pricing See Current Price Now

Financial 15 Split Corp is an asset management business based in Canada. Financial 15 Split shares (FTN) are listed on the TO and all prices are listed in Canadian Dollars.

How to buy shares in Financial 15 Split

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – FTN – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Is it a good time to buy Financial 15 Split stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

How has Coronavirus impacted Financial 15 Split's stock price?

Since the stock market crash in March caused by coronavirus, Financial 15 Split's stock price has had significant negative movement.

Its last market close was C$11.43, which is 37.37% down on its pre-crash value of C$18.25 and 28.79% up on the lowest point reached during the March crash when the stocks fell as low as C$8.875.

If you had bought C$1,000 worth of Financial 15 Split stocks at the start of February 2020, those stocks would have been worth C$512.74 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth C$645.80.

Financial 15 Split stock price

Use our graph to track the performance of FTN stocks over time.

Financial 15 Split shares at a glance

Information last updated 2021-10-12.
Latest market closeC$11.43
52-week rangeC$5.27 - C$11.43
50-day moving average C$11.37
200-day moving average C$11.34
Wall St. target priceN/A
PE ratio 1.5298
Dividend yield C$0.754 (6.68%)
Earnings per share (TTM) C$7.34

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Financial 15 Split price performance over time

Historical closes compared with the close of C$11.43 from 2021-10-18

1 week (2021-10-12) 1.78%
1 month (2021-09-17) 0.09%
3 months (2021-07-19) 6.23%
6 months (2021-04-19) 2.14%
1 year (2020-10-19) 77.21%
2 years (2019-10-18) -33.64%
3 years (2018-10-19) 22.525
5 years (2016-10-19) 21.225

Is Financial 15 Split under- or over-valued?

Valuing Financial 15 Split stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Financial 15 Split's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Financial 15 Split's P/E ratio

Financial 15 Split's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 2x. In other words, Financial 15 Split shares trade at around 2x recent earnings.

Financial 15 Split financials

Revenue TTM C$173.7 million
Operating margin TTM 96.55%
Gross profit TTM C$-78,859,125
Return on assets TTM 20.46%
Return on equity TTM 81.08%
Profit margin 81.51%
Book value C$11.65
Market capitalisation C$252.6 million

TTM: trailing 12 months

Shorting Financial 15 Split shares

There are currently 22,101 Financial 15 Split shares held short by investors – that's known as Financial 15 Split's "short interest". This figure is 19.4% down from 27,418 last month.

There are a few different ways that this level of interest in shorting Financial 15 Split shares can be evaluated.

Financial 15 Split's "short interest ratio" (SIR)

Financial 15 Split's "short interest ratio" (SIR) is the quantity of Financial 15 Split shares currently shorted divided by the average quantity of Financial 15 Split shares traded daily (recently around 51397.674418605). Financial 15 Split's SIR currently stands at 0.43. In other words for every 100,000 Financial 15 Split shares traded daily on the market, roughly 430 shares are currently held short.

However Financial 15 Split's short interest can also be evaluated against the total number of Financial 15 Split shares, or, against the total number of tradable Financial 15 Split shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Financial 15 Split's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Financial 15 Split shares in existence, roughly 0 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable Financial 15 Split shares, roughly 0 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Financial 15 Split.

Financial 15 Split share dividends

10%

Dividend payout ratio: 10.32% of net profits

Recently Financial 15 Split has paid out, on average, around 10.32% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 13.36% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Financial 15 Split shareholders could enjoy a 13.36% return on their shares, in the form of dividend payments. In Financial 15 Split's case, that would currently equate to about C$0.754 per share.

While Financial 15 Split's payout ratio might seem low, this can signify that Financial 15 Split is investing more in its future growth.

Financial 15 Split's most recent dividend payout was on 8 October 2021. The latest dividend was paid out to all shareholders who bought their shares by 29 September 2021 (the "ex-dividend date").

Have Financial 15 Split's shares ever split?

Financial 15 Split's shares were split on a 4:10 basis on 17 December 2020. So if you had owned 10 shares the day before before the split, the next day you'd have owned 4 shares. This wouldn't directly have changed the overall worth of your Financial 15 Split shares – just the quantity. However, indirectly, the new 150% higher share price could have impacted the market appetite for Financial 15 Split shares which in turn could have impacted Financial 15 Split's share price.

Financial 15 Split share price volatility

Over the last 12 months, Financial 15 Split's shares have ranged in value from as little as C$5.2745 up to C$11.4325. A popular way to gauge a stock's volatility is its "beta".

FTN.TO volatility(beta: 1.49)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (TO average) beta is 1, while Financial 15 Split's is 1.4941. This would suggest that Financial 15 Split's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Financial 15 Split overview

Financial 15 Split Corp. is an close ended equity mutual fund launched by Quadravest Inc. It is managed by Quadravest Capital Management Inc. It invests in the public equity markets of the United States and Canada. The fund primarily invests in stocks of companies operating in the financials sector. Financial 15 Split Corp. was formed on Nov 14, 2003 and is domiciled in the Canada.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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