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Stingray Group TSX:RAY.A Stock Report

Last Price

CA$7.80

Market Cap

CA$534.6m

7D

12.2%

1Y

46.3%

Updated

11 Jun, 2024

Data

Company Financials +

Stingray Group Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Stingray Group
Historical stock prices
Current Share PriceCA$7.80
52 Week HighCA$8.10
52 Week LowCA$4.21
Beta1.09
1 Month Change4.70%
3 Month Change5.26%
1 Year Change46.34%
3 Year Change7.14%
5 Year Change19.27%
Change since IPO7.59%

Recent News & Updates

Does Stingray Group (TSE:RAY.A) Have A Healthy Balance Sheet?

Jun 11
Does Stingray Group (TSE:RAY.A) Have A Healthy Balance Sheet?

Stingray Group's (TSE:RAY.A) Dividend Will Be CA$0.075

May 21
Stingray Group's (TSE:RAY.A) Dividend Will Be CA$0.075

Recent updates

Does Stingray Group (TSE:RAY.A) Have A Healthy Balance Sheet?

Jun 11
Does Stingray Group (TSE:RAY.A) Have A Healthy Balance Sheet?

Stingray Group's (TSE:RAY.A) Dividend Will Be CA$0.075

May 21
Stingray Group's (TSE:RAY.A) Dividend Will Be CA$0.075

Stingray Group's (TSE:RAY.A) Dividend Will Be CA$0.075

Apr 25
Stingray Group's (TSE:RAY.A) Dividend Will Be CA$0.075

Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075

Mar 23
Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075

Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075

Feb 16
Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075

Does Stingray Group (TSE:RAY.A) Deserve A Spot On Your Watchlist?

Jan 24
Does Stingray Group (TSE:RAY.A) Deserve A Spot On Your Watchlist?

Stingray Group (TSE:RAY.A) Is Paying Out A Dividend Of CA$0.075

Nov 17
Stingray Group (TSE:RAY.A) Is Paying Out A Dividend Of CA$0.075

Is Stingray Group (TSE:RAY.A) Using Too Much Debt?

Nov 07
Is Stingray Group (TSE:RAY.A) Using Too Much Debt?

Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075

Aug 27
Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075

Stingray Group (TSE:RAY.A) Will Pay A Dividend Of CA$0.075

Aug 13
Stingray Group (TSE:RAY.A) Will Pay A Dividend Of CA$0.075

Stingray Group (TSE:RAY.A) Is Paying Out A Dividend Of CA$0.075

May 07
Stingray Group (TSE:RAY.A) Is Paying Out A Dividend Of CA$0.075

Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075

Mar 28
Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075

Stingray Group (TSE:RAY.A) Is Paying Out A Dividend Of CA$0.075

Feb 12
Stingray Group (TSE:RAY.A) Is Paying Out A Dividend Of CA$0.075

Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075

Nov 26
Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075

Stingray Group (TSE:RAY.A) Is Due To Pay A Dividend Of CA$0.075

Aug 24
Stingray Group (TSE:RAY.A) Is Due To Pay A Dividend Of CA$0.075

Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075

Aug 07
Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075

Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075

May 12
Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075

Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075

Apr 19
Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075

Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075

Apr 05
Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075

Stingray Group (TSE:RAY.A) Has Re-Affirmed Its Dividend Of CA$0.075

Nov 16
Stingray Group (TSE:RAY.A) Has Re-Affirmed Its Dividend Of CA$0.075

Should You Think About Buying Stingray Group Inc. (TSE:RAY.A) Now?

Nov 14
Should You Think About Buying Stingray Group Inc. (TSE:RAY.A) Now?

Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075

Aug 22
Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075

Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075

Aug 08
Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075

Shareholder Returns

RAY.ACA MediaCA Market
7D12.2%4.4%0.3%
1Y46.3%-14.1%10.4%

Return vs Industry: RAY.A exceeded the Canadian Media industry which returned -10.9% over the past year.

Return vs Market: RAY.A exceeded the Canadian Market which returned 10.8% over the past year.

Price Volatility

Is RAY.A's price volatile compared to industry and market?
RAY.A volatility
RAY.A Average Weekly Movement5.0%
Media Industry Average Movement13.9%
Market Average Movement8.4%
10% most volatile stocks in CA Market16.9%
10% least volatile stocks in CA Market3.0%

Stable Share Price: RAY.A has not had significant price volatility in the past 3 months.

Volatility Over Time: RAY.A's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20071,000Eric Boykowww.stingray.com

Stingray Group Inc. operates as a music, media, and technology company worldwide. The company provides Stingray Music, a multiplatform music service available on television (TV), the internet, and through smartphones and tablets; Calm Radio, a music site for relaxation; Calm Christian, that offers Christian worship music; Qello Concerts by Stingray, an over-the-top streaming service on TV, mobile, and the web; and Stingray DJAZZ, a TV channel for jazz and jazz-related genres. It also offers Stingray Naturescape and ZenLIFE by Stingray, are channels in 4K resolution; Stingray Holidayscapes, a channel that delivers all-day linear content; Ultimate Trivia by Stingray, a channel that provides a stream of questions in various categories and themes; and Stingray Karaoke, a video on demand and TV app.

Stingray Group Inc. Fundamentals Summary

How do Stingray Group's earnings and revenue compare to its market cap?
RAY.A fundamental statistics
Market capCA$534.63m
Earnings (TTM)CA$37.02m
Revenue (TTM)CA$340.69m

14.4x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RAY.A income statement (TTM)
RevenueCA$340.69m
Cost of RevenueCA$222.39m
Gross ProfitCA$118.31m
Other ExpensesCA$81.28m
EarningsCA$37.02m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.54
Gross Margin34.73%
Net Profit Margin10.87%
Debt/Equity Ratio127.3%

How did RAY.A perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

56%

Payout Ratio
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