National Bank Financial Analysts Cut Earnings Estimates for Maple Leaf Foods Inc. (TSE:MFI)

Maple Leaf Foods Inc. (TSE:MFI) – Analysts at National Bank Financial reduced their FY2025 earnings per share estimates for Maple Leaf Foods in a report released on Thursday, May 2nd. National Bank Financial analyst V. Shreedhar now anticipates that the company will post earnings of $1.60 per share for the year, down from their prior estimate of $1.75. The consensus estimate for Maple Leaf Foods’ current full-year earnings is $0.99 per share.

Maple Leaf Foods (TSE:MFI) last released its quarterly earnings data on Thursday, February 22nd. The company reported C$0.08 earnings per share for the quarter. The company had revenue of C$1.19 billion for the quarter. Maple Leaf Foods had a negative return on equity of 7.86% and a negative net margin of 2.57%.

A number of other equities analysts have also weighed in on MFI. National Bankshares set a C$29.00 price objective on Maple Leaf Foods and gave the stock an “outperform” rating in a research note on Monday, April 22nd. Scotiabank decreased their price target on Maple Leaf Foods from C$33.50 to C$31.50 and set an “outperform” rating on the stock in a research note on Friday. TD Securities lowered Maple Leaf Foods from an “action list buy” rating to a “buy” rating and decreased their price target for the company from C$40.00 to C$31.00 in a research note on Friday, February 23rd. CIBC decreased their price target on Maple Leaf Foods from C$32.00 to C$31.00 and set an “outperform” rating on the stock in a research note on Friday. Finally, Canaccord Genuity Group decreased their price target on Maple Leaf Foods from C$35.00 to C$30.00 and set a “buy” rating on the stock in a research note on Friday, February 23rd. Seven investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of C$30.07.

Maple Leaf Foods Stock Performance

TSE MFI opened at C$23.73 on Monday. The stock’s fifty day moving average is C$23.29 and its two-hundred day moving average is C$24.72. The firm has a market capitalization of C$2.91 billion, a P/E ratio of -23.04, a price-to-earnings-growth ratio of 18.07 and a beta of 0.48. The company has a debt-to-equity ratio of 140.69, a quick ratio of 0.54 and a current ratio of 1.17. Maple Leaf Foods has a fifty-two week low of C$21.52 and a fifty-two week high of C$31.63.

Maple Leaf Foods Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Thursday, June 6th will be paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 3.71%. The ex-dividend date is Thursday, June 6th. Maple Leaf Foods’s payout ratio is -85.44%.

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.