Research Analysts Offer Predictions for TSE:MFI Q4 Earnings

Maple Leaf Foods Inc. (TSE:MFI) – Equities research analysts at National Bank Financial raised their Q4 2024 earnings estimates for shares of Maple Leaf Foods in a research report issued on Wednesday, November 13th. National Bank Financial analyst V. Shreedhar now forecasts that the company will earn $0.26 per share for the quarter, up from their prior forecast of $0.25. The consensus estimate for Maple Leaf Foods’ current full-year earnings is $1.43 per share. National Bank Financial also issued estimates for Maple Leaf Foods’ Q4 2025 earnings at $0.42 EPS.

MFI has been the topic of a number of other research reports. National Bankshares decreased their price target on Maple Leaf Foods from C$28.00 to C$26.00 in a research report on Thursday, November 14th. CIBC decreased their target price on shares of Maple Leaf Foods from C$31.00 to C$30.00 in a report on Friday, August 9th. Finally, TD Securities cut their price target on shares of Maple Leaf Foods from C$35.00 to C$34.00 and set a “buy” rating for the company in a report on Thursday, November 14th. Six equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of C$29.93.

Maple Leaf Foods Price Performance

The company has a market cap of C$2.78 billion, a price-to-earnings ratio of 250.67, a PEG ratio of 18.07 and a beta of 0.47. The company has a debt-to-equity ratio of 132.03, a quick ratio of 0.54 and a current ratio of 1.32. The business’s 50 day moving average is C$22.04 and its two-hundred day moving average is C$22.99. Maple Leaf Foods has a 52 week low of C$21.05 and a 52 week high of C$27.55.

Maple Leaf Foods Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 27th were given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of ∞. The ex-dividend date of this dividend was Friday, September 6th. Maple Leaf Foods’s dividend payout ratio is 977.78%.

Insider Activity at Maple Leaf Foods

In other news, Senior Officer Jonathan David Sawatzky sold 2,600 shares of the company’s stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of C$21.23, for a total value of C$55,198.00. Also, Director Linda Mantia acquired 4,498 shares of the company’s stock in a transaction that occurred on Friday, November 15th. The stock was acquired at an average price of C$22.23 per share, with a total value of C$99,990.54. 39.87% of the stock is owned by insiders.

About Maple Leaf Foods

Maple Leaf Foods Inc produces food products in the United States, Canada, Japan, China, and internationally. The company operates through Meat Protein Group and Plant Protein Group segments. It produces various food products, including prepared meats, ready-to-cook and ready-to-serve meals, fresh pork and poultry, and plant protein products; bacon, hams, wieners, and meat snacks; a variety of delicatessen products; and processed chicken products, such as fully cooked chicken breasts and wings, processed turkey products, specialty sausages, cooked meats, sliced meats, cooked sausage products, lunch kits, and canned meats.