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Stingray Group TSX:RAY.A Stock Report

Last Price

CA$7.42

Market Cap

CA$509.3m

7D

1.5%

1Y

23.5%

Updated

28 Feb, 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$7.42
52 Week HighCA$7.50
52 Week LowCA$4.21
Beta1.11
1 Month Change7.54%
3 Month Change36.15%
1 Year Change23.46%
3 Year Change7.23%
5 Year Change11.58%
Change since IPO2.34%

Recent News & Updates

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?

Recent updates

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

Stingray Group (TSE:RAY.A) Has A Somewhat Strained Balance Sheet

Jun 07
Stingray Group (TSE:RAY.A) Has A Somewhat Strained Balance Sheet

Is Stingray Group Inc. (TSE:RAY.A) The Right Choice For A Smart Dividend Investor?

Apr 14
Is Stingray Group Inc. (TSE:RAY.A) The Right Choice For A Smart Dividend Investor?

Is There Now An Opportunity In Stingray Group Inc. (TSE:RAY.A)?

Mar 30
Is There Now An Opportunity In Stingray Group Inc. (TSE:RAY.A)?

Does Stingray Group's (TSE:RAY.A) Share Price Gain of 57% Match Its Business Performance?

Mar 17
Does Stingray Group's (TSE:RAY.A) Share Price Gain of 57% Match Its Business Performance?

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

Mar 04
Does Stingray Group (TSE:RAY.A) Have A Healthy Balance Sheet?

Shareholder Returns

RAY.ACA MediaCA Market
7D1.5%-1.5%0.7%
1Y23.5%-15.9%2.8%

Return vs Industry: RAY.A exceeded the Canadian Media industry which returned -18.1% over the past year.

Return vs Market: RAY.A exceeded the Canadian Market which returned 3% over the past year.

Price Volatility

Is RAY.A's price volatile compared to industry and market?
RAY.A volatility
RAY.A Average Weekly Movement4.9%
Media Industry Average Movement10.9%
Market Average Movement8.5%
10% most volatile stocks in CA Market17.7%
10% least volatile stocks in CA Market3.2%

Stable Share Price: RAY.A's share price has been volatile over 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 Boykohttps://www.stingray.com

Stingray Group Inc. operates as a music, media, and technology company worldwide. The company offers Stingray Music, a multiplatform music service that gives listeners free access to curated music channels on television (TV), web, and mobile; Stingray Naturescape, a channel in 4K resolution; Stingray Now 4K, a curated 4K TV channel; and Stingray Festival 4K, a television channel that broadcasts exclusively in native 4K and Dolby Digital audio. It also provides Qello Concerts by Stingray, an over-the-top streaming service on TV, mobile, and the web; Calm Radio, a music site for relaxation; Calm Christian, that offers Christian worship music; Stingray Classica, a TV channel dedicated to classical music, including operas, ballets, concerts, and documentaries; Stingray iConcerts, a source for various live concerts; and Stingray DJAZZ, a TV channel dedicated to jazz and jazz-related genres, such as soul, blues, funk, gospel, hip-hop, fusion, reggae, Latin, swing, and bebop.

Stingray Group Inc. Fundamentals Summary

How do Stingray Group's earnings and revenue compare to its market cap?
RAY.A fundamental statistics
Market capCA$509.26m
Earnings (TTM)CA$37.02m
Revenue (TTM)CA$340.69m

13.8x

P/E Ratio

1.5x

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

4.0%

Current Dividend Yield

56%

Payout Ratio

Does RAY.A pay a reliable dividends?

See RAY.A dividend history and benchmarks
When do you need to buy RAY.A by to receive an upcoming dividend?
Stingray Group dividend dates
Ex Dividend DateFeb 28 2024
Dividend Pay DateMar 15 2024
Days until Ex dividend1 day
Days until Dividend pay date15 days

Does RAY.A pay a reliable dividends?

See RAY.A dividend history and benchmarks
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