Scotiabank Forecasts TSE:TVK FY2025 Earnings

TerraVest Industries Inc. (TSE:TVK) – Scotiabank issued their FY2025 EPS estimates for shares of TerraVest Industries in a note issued to investors on Wednesday, March 19th. Scotiabank analyst J. Goldman expects that the company will post earnings of $4.13 per share for the year. Scotiabank has a “Outperform” rating and a $140.00 price target on the stock. The consensus estimate for TerraVest Industries’ current full-year earnings is $4.45 per share. Scotiabank also issued estimates for TerraVest Industries’ FY2026 earnings at $4.99 EPS.

A number of other brokerages have also weighed in on TVK. National Bankshares boosted their price objective on shares of TerraVest Industries from C$126.00 to C$134.00 and gave the stock a “sector perform” rating in a report on Tuesday, March 18th. Desjardins upped their price target on TerraVest Industries from C$125.00 to C$150.00 and gave the company a “buy” rating in a report on Tuesday, March 18th. National Bank Financial downgraded shares of TerraVest Industries from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 25th. Finally, Canaccord Genuity Group raised their price target on TerraVest Industries from C$132.00 to C$170.00 and gave the stock a “buy” rating in a research note on Tuesday, March 18th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of C$137.00.

TerraVest Industries Trading Up 1.0 %

Shares of TSE TVK opened at C$149.76 on Monday. The firm’s 50 day moving average price is C$124.16 and its 200-day moving average price is C$113.87. TerraVest Industries has a 52-week low of C$56.84 and a 52-week high of C$152.07. The company has a debt-to-equity ratio of 82.38, a quick ratio of 0.91 and a current ratio of 2.44. The company has a market cap of C$2.94 billion, a PE ratio of 44.18 and a beta of 0.66.

TerraVest Industries Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Thursday, April 10th will be given a dividend of $0.175 per share. This is an increase from TerraVest Industries’s previous quarterly dividend of $0.15. The ex-dividend date is Monday, March 31st. This represents a $0.70 dividend on an annualized basis and a dividend yield of 0.47%. TerraVest Industries’s payout ratio is presently 17.70%.

TerraVest Industries Company Profile

TerraVest Industries Inc manufactures and sells goods and services to energy, agriculture, mining, transportation, and other markets in Canada and the United States. It operates through four segments: Home Heating and Cooling Products (HVAC Equipment); Compressed Gas Storage and Distribution Equipment (Compressed Gas Equipment); Energy Processing Equipment (Processing Equipment); and Service.