Rogers Sugar Inc. (TSE:RSI – Free Report) – Analysts at Desjardins lowered their FY2025 earnings estimates for shares of Rogers Sugar in a report released on Wednesday, February 19th. Desjardins analyst F. Tremblay now forecasts that the company will post earnings per share of $0.55 for the year, down from their prior forecast of $0.57. The consensus estimate for Rogers Sugar’s current full-year earnings is $0.56 per share. Desjardins also issued estimates for Rogers Sugar’s FY2026 earnings at $0.55 EPS.
A number of other equities research analysts also recently issued reports on RSI. Scotiabank lowered their price target on Rogers Sugar from C$6.25 to C$6.00 and set an “equal weight” rating for the company in a research report on Friday, February 7th. BMO Capital Markets reduced their price objective on Rogers Sugar from C$7.00 to C$6.50 and set a “market perform” rating on the stock in a research note on Friday, February 7th. Three equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of C$6.40.
Rogers Sugar Trading Up 0.2 %
RSI stock opened at C$5.57 on Monday. The company has a quick ratio of 0.56, a current ratio of 1.39 and a debt-to-equity ratio of 104.41. The company has a market cap of C$710.72 million, a price-to-earnings ratio of 12.75 and a beta of 0.60. The business has a fifty day simple moving average of C$5.75 and a 200-day simple moving average of C$5.73. Rogers Sugar has a 52 week low of C$5.12 and a 52 week high of C$6.47.
Rogers Sugar Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, January 9th were issued a $0.09 dividend. The ex-dividend date of this dividend was Friday, December 27th. This represents a $0.36 annualized dividend and a yield of 6.46%. Rogers Sugar’s dividend payout ratio is currently 82.41%.
Insider Activity at Rogers Sugar
In other news, Senior Officer Patrick Dionne sold 50,352 shares of the business’s stock in a transaction on Thursday, December 5th. The shares were sold at an average price of C$6.37, for a total transaction of C$320,943.65. Also, Senior Officer Jean-Sebastien Couillard bought 9,400 shares of the firm’s stock in a transaction dated Wednesday, February 12th. The stock was purchased at an average price of C$5.35 per share, with a total value of C$50,278.72. In the last three months, insiders purchased 160,710 shares of company stock worth $871,121. Corporate insiders own 0.28% of the company’s stock.
About Rogers Sugar
Rogers Sugar Inc engages in refining, packaging, marketing, and distribution of sugar and maple products in Canada, the United States, Europe, and internationally. The company operates in two segments, Sugar and Maple Products. It offers granulated, plantation raw, yellow, brown, organic, icing, maple, stevia, liquid, smart sweetener blend, and coconut sugar; and syrups, jam and jelly mixes, and iced tea mixes.
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