FY2024 Earnings Forecast for Transcontinental Issued By National Bank Financial (TSE:TCL)

Transcontinental (TSE:TCL) – Stock analysts at National Bank Financial raised their FY2024 EPS estimates for shares of Transcontinental in a research note issued to investors on Thursday, September 12th. National Bank Financial analyst A. Shine now anticipates that the company will earn $2.33 per share for the year, up from their prior estimate of $2.29. National Bank Financial also issued estimates for Transcontinental’s FY2025 earnings at $2.56 EPS.

Transcontinental Stock Performance

Transcontinental has a 12 month low of C$23.27 and a 12 month high of C$31.95.

Insider Activity

In related news, insider Transcontinental inc. bought 42,954 shares of the company’s stock in a transaction that occurred on Monday, June 24th. The shares were bought at an average price of C$15.19 per share, for a total transaction of C$652,277.97. In related news, insider Transcontinental inc. bought 42,954 shares of the company’s stock in a transaction that occurred on Monday, June 24th. The shares were bought at an average price of C$15.19 per share, for a total transaction of C$652,277.97. Also, Senior Officer Donald Lecavalier bought 3,400 shares of the company’s stock in a transaction that occurred on Thursday, June 20th. The shares were bought at an average price of C$14.78 per share, for a total transaction of C$50,252.00. In the last three months, insiders have bought 47,054 shares of company stock valued at $713,170.

Transcontinental Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 21st. Stockholders of record on Thursday, October 3rd will be paid a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date is Thursday, October 3rd.

About Transcontinental

Transcontinental Inc is a Canada-based printing company. The Company has operations in print, flexible packaging, publishing and digital media, both in Canada and the United States. The Company’s segments include the Printing and Packaging Sector, and the Media Sector. The Printing and Packaging Sector includes the manufacturing activities of the Company, and generates revenues from various activities, such as the printing of retail flyers, magazines, newspapers, color books, personalized and mass marketing products, and the production of flexible packaging solutions in Canada and the United States.