Nuvei, which has been publicly trading on the TSX since 2019, has gone public on the Nasdaq. Here's what we know about the public offering and how to buy Nuvei stock from Canada.
Nuvei (NVEI) stock summary
| Company stock name | Nuvei Corp |
| Stock ticker symbol | NVEI |
| Exchange | Toronto Stock Exchange |
| Where to buy Nuvei stock | Buy on CIBC Investor's Edge |
Can I buy Nuvei stock in Canada?
Yes, you can buy Nuvei stock in Canada. You simply need to open a brokerage account with an online trading platform that supports stocks on the Toronto Stock Exchange (TSX) exchange. Platforms like Interactive Brokers will allow you to directly buy Nuvei stock from within Canada.How to buy Nuvei stock
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Choose a stock trading platform.
Compare trading platforms. Choose a trading app with competitive pricing, access to trading tools and a user-friendly interface. (Check out our guide to the best trading apps in Canada.) -
Open a trading account.
To open a trading account, you'll need to provide personal information (like your email, phone number and banking details), verify your identity and complete the sign-up process. -
Fund your account.
Deposit funds into your trading account by linking your bank account via an Electronic Funds Transfer (EFT), wire transfer, cheque deposit or by whatever means the platform supports. Make sure you deposit enough to cover the stock price + any trading fees. -
Search for the stock—NVEI.
Look up the stock using its name (Nuvei Corp) or ticker symbol (NVEI). Review its current price, recent performance and other relevant data before placing your order. -
Complete your purchase of Nuvei stock.
Choose the number of NVEI stocks you want to purchase, place your order, confirm the details and then submit. Once executed, the shares will appear in your trading account.
Our top picks for where to buy Nuvei stock
Nuvei stock chart (Toronto Stock Exchange (TSX): NVEI)
This chart tracks Nuvei stock price performance over time.Nuvei stock price
We'll update this guide as more Nuvei stock information becomes available.
Is Nuvei stock a buy or sell right now?
The technical analysis gauge above shows real-time buy or sell ratings and analysis for Nuvei stock based on your selected timeframe. It uses three widely followed indicators—moving averages, oscillators and pivots—but this does not represent investment advice or a guarantee of success. Finder may not concur with these signals and accepts no responsibility for the performance of your stocks.
Can I buy Nuvei stock on the TSX?
No, you cannot buy Nuvei stock on the TSX because Nuvei stock is not listed on the TSX. Instead, Nuvei stock is listed on the Toronto Stock Exchange under the symbol "NVEI."
That said, if you're wondering how to invest in Nuvei stock in Canada, you still have the option to do so by opening a trading account with a Canadian brokerage that gives you access to Toronto Stock Exchange, like Interactive Brokers.
Nuvei stock dividends
Nuvei dividend payout ratio: 18.4% of net profits
Recently Nuvei has paid out, on average, around 18.4% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.17% of the current stock value.
This means that, over a year, based on recent payouts (which are sadly no guarantee of future payouts), Nuvei shareholders could enjoy a 1.17% return on their shares in the form of dividend payments. In Nuvei's case, that would currently equate to about C$0.40 per share.
While Nuvei's payout ratio might seem low, this can signify that Nuvei is investing more in its future growth.
Nuvei's most recent dividend payout was on December 12, 2024. The latest dividend was paid out to all shareholders who bought their stocks by November 26, 2024 (the "ex-dividend date").
Nuvei stock performance metrics
Here are some common key metrics for Nuvei stock that analysts often use to help gauge a stock's value—P/E ratio, PEG ratio and EBITDA.
How volatile is Nuvei stock?
Over the last 12 months, Nuvei's stocks price has ranged from C$0.00 to as high as C$0.00. Nuvei's beta measurement of stock volatility is 3.12. For comparison, the market (Toronto Stock Exchange) average beta is 1. This would suggest that Nuvei's stocks are significantly more volatile than the average for this exchange and represent a higher risk.
Some analysists use "beta" to gauge a stock's volatility. Beta is a popular way to measure a stocks volatility in relation to the market. Here is a breakdown of Nuvei's beta stock volatility rating.
Nuvei company and revenue performance
| Market Capitalization | C$6.8 billion |
|---|---|
| Gross profit (TTM) | C$671.9 million |
| Operating margin (TTM) | 14.54% |
| Profit margin | 1.75% |
| Revenue (TTM) | C$1.4 billion |
| Return on assets (TTM) | 2.59% |
| Return on equity (TTM) | 1.55% |
| Earnings per share (TTM) | C$0.22 |
| 50-day moving stock price average | C$45.98 |
| 200-day moving stock price average | C$43.05 |
Nuvei company profile
Nuvei Corporation provides payment technology solutions to merchants and partners in North America, Europe, the Middle East and Africa, Latin America, and the Asia Pacific. The company's platform enables customers to pay and/or accept payments worldwide regardless of the location, device, or preferred payment method.
Its solutions comprise a fully integrated payments engine with global processing capabilities, a turnkey solution for frictionless payment experiences, and a broad suite of data-driven business intelligence tools and risk management services. The company markets and sells its products and services through direct and indirect sales, strategic platform integrations, local sales teams, and indirect partners.
The company was formerly known as Pivotal Development Corporation Inc. and changed its name to Nuvei Corporation in November 2018. Nuvei Corporation was founded in 2003 and is headquartered in Montreal, Canada.
Compare trading platforms to buy Nuvei stock
Compare special offers, low fees and a wide range of investment options among popular trading platforms in Canada. Note that the dollar amounts in the table below are in CAD.
Finder Score for stock trading platforms
To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score, the better the platform—it's that simple.
Do I have to pay tax on gains from Nuvei stock sales in Canada?
Yes, you'll need to pay taxes in Canada on investment income, which includes any profit from selling Nuvei stock. The CRA taxes investment income from stocks in Canada based on three main factors:
- Investment income. Investment income includes money earned from interest, dividends or capital gains, which may affect how much you have to pay in taxes on stock sales in Canada.
- Investor type. Your investment income will be taxed differently depending on whether you're a regular investor or a day trader (which means you buy and trade stocks on a daily basis as your primary form of income).
- Tax bracket. The higher your tax bracket, the more you'll pay on income from stock sales. Your tax bracket depends on your gross income (minus deductions).
You can learn more about the tax implications of selling stocks in Canada here.
Frequently asked questions about Nuvei stock
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