Linamar Co. (TSE:LNR – Free Report) – Analysts at Raymond James Financial increased their FY2025 EPS estimates for shares of Linamar in a report issued on Thursday, August 14th. Raymond James Financial analyst M. Glen now anticipates that the company will post earnings of $9.94 per share for the year, up from their previous estimate of $9.79. Raymond James Financial has a “Market Perform” rating and a $80.00 price objective on the stock. The consensus estimate for Linamar’s current full-year earnings is $11.43 per share. Raymond James Financial also issued estimates for Linamar’s Q1 2026 earnings at $2.55 EPS and FY2026 earnings at $10.09 EPS.
Several other equities research analysts have also issued reports on the stock. TD Securities lifted their price target on shares of Linamar from C$78.00 to C$85.00 and gave the company a “buy” rating in a research note on Thursday. BMO Capital Markets lifted their price objective on shares of Linamar from C$75.00 to C$80.00 in a research report on Thursday. CIBC lifted their price objective on shares of Linamar from C$57.00 to C$68.00 in a research report on Thursday, July 17th. Finally, Scotiabank lifted their price objective on shares of Linamar from C$71.00 to C$80.00 and gave the company a “sector perform” rating in a research report on Thursday. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of C$78.60.
Linamar Stock Up 0.7%
Shares of LNR stock opened at C$73.22 on Friday. The company has a current ratio of 1.79, a quick ratio of 0.75 and a debt-to-equity ratio of 42.84. Linamar has a 1 year low of C$43.84 and a 1 year high of C$73.62. The firm’s fifty day moving average price is C$66.49 and its two-hundred day moving average price is C$58.10. The firm has a market capitalization of C$4.48 billion, a P/E ratio of 7.64, a PEG ratio of 1.12 and a beta of 1.41.
Linamar Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 9th. Stockholders of record on Friday, August 22nd will be given a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.6%. This is an increase from Linamar’s previous quarterly dividend of $0.25. Linamar’s dividend payout ratio (DPR) is 10.44%.
Insider Activity at Linamar
In other news, Senior Officer Csaba Havasi sold 4,000 shares of Linamar stock in a transaction dated Wednesday, May 28th. The shares were sold at an average price of C$61.96, for a total value of C$247,848.00. 33.49% of the stock is currently owned by company insiders.
About Linamar
Linamar Corporation, together with its subsidiaries, produces engineered products in Canada, Europe, the Asia Pacific, and rest of North America. It operates through two segments, Mobility and Industrial. The Mobility segment focuses on light metal casting, forging, machining, and assembly for electrified and powered vehicle markets.
Recommended Stories
- Five stocks we like better than Linamar
- REIT Stocks – Best REIT Stocks to Add to Your Portfolio Today
- 3 Restaurant Stocks That Will Outperform in Q3 and Q4
- What is the Dogs of the Dow Strategy? Overview and Examples
- The Midstream Energy Play That Keeps Powering Higher
- What Are Growth Stocks and Investing in Them
- Ethereum Near All-Time High: 3 Stocks Stacking ETH in Treasuries
Receive News & Ratings for Linamar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Linamar and related companies with MarketBeat.com's FREE daily email newsletter.