Savaria Corporation's stock has seen a modest uptick this week, driven by investor confidence following a recent dividend increase.
This week, Savaria Corporation (SIS.TO) has experienced a slight increase in its stock price, closing at C$28.66 on Thursday, reflecting a 3.03% rise over the past week. The company recently announced a dividend increase, which has contributed to positive investor sentiment.
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Savaria Corporation
SIS.TO
SIS.TO
Savaria Corporation
WealthAwesomeMarket cap
$2.06B
P/E
23.6x
Div. yield
1.94%
Div. / share
$0.56
52W high
$31.85
52W low
$19.70
1W change
+3.03%
Beta
0.96
Analyst Price Targets
Based on analyst covering SIS
Wall Street analysts forecast SIS stock price to rise 26.2% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$36.06
+26.2% Upside
Current Price
C$28.57
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on SIS's historical volatility
30-Day Vol
23.9%
Annualized
90-Day Vol
24.8%
Annualized
Trend (90d)
-4.7%
Annualized drift
90d Mean
C$28.10
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$28.41 | C$26.16 โ C$30.86 |
| 60 trading days | C$28.25 | C$25.14 โ C$31.75 |
| 90 trading days | C$28.10 | C$24.35 โ C$32.42 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: Savaria's recent dividend hike and solid financial performance may appeal to income-focused investors, while the steady growth in stock price suggests a favorable outlook.
Savaria's Stock Up 3.03% This Week
The stock has gained 23.89% year-to-date, reflecting strong investor interest amid positive earnings reports and strategic initiatives.
Bull case
The recent dividend increase shows that Savaria is committed to returning value to its shareholders. Additionally, its strong earnings growth highlights solid operational performance.
Bear case
Despite the positive news, Savaria's stock is still below its 50-day moving average, which may raise concerns among investors about short-term price movements.
Weekly Price Action
Savaria Corporation's stock closed at C$28.66 on Thursday, marking a slight decline of 0.10% for the day but a notable increase of 3.03% over the past week. This modest weekly gain reflects investor confidence following the recent announcement of a dividend increase.
Catalysts and Company News
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The main driver behind the stock's recent performance is the announcement of a 5.36% increase in its monthly dividend, effective October 9, 2026. This raises the dividend to 4.916 cents per common share, showcasing Savaria's commitment to returning value to its shareholders. The company's ongoing growth and operational efficiency have also contributed to positive investor sentiment.
Technical Picture
From a technical standpoint, Savaria's stock is currently trading below its 50-day moving average of C$29.54, down 3.0% from the last close. However, it is above its 200-day moving average of C$27.02, reflecting a 6.1% gain. The stock has a 52-week range of C$19.70 to C$31.85, indicating it is currently trading at 74% of its range. With a beta of 0.96, Savaria's stock shows slightly lower volatility compared to the broader market.
Insider Activity
No recent insider activity has been reported for Savaria Corporation, indicating a stable ownership structure at this time. Investors may want to keep an eye on this section for any future developments that could impact sentiment.
Price Action Summary
As of the last close, Savaria Corporation's stock is priced at C$28.66, reflecting a 1D change of -0.10%. The recent dividend increase and solid earnings performance may continue to attract investor interest.
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