National Bank Financial Forecasts TSE:MFI Q4 Earnings

Maple Leaf Foods Inc. (TSE:MFI) – Research analysts at National Bank Financial decreased their Q4 2024 earnings per share (EPS) estimates for Maple Leaf Foods in a note issued to investors on Tuesday, January 21st. National Bank Financial analyst V. Shreedhar now expects that the company will earn $0.25 per share for the quarter, down from their prior estimate of $0.26. 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’ Q3 2025 earnings at $0.39 EPS, Q4 2025 earnings at $0.41 EPS, FY2025 earnings at $1.39 EPS and FY2026 earnings at $1.56 EPS.

A number of other research analysts have also commented on MFI. TD Securities cut their target price on Maple Leaf Foods from C$35.00 to C$34.00 and set a “buy” rating for the company in a research note on Thursday, November 14th. National Bankshares cut their target price on Maple Leaf Foods from C$28.00 to C$26.00 in a research note on Thursday, November 14th. Finally, Canaccord Genuity Group upped their target price on Maple Leaf Foods from C$30.00 to C$32.00 and gave the company a “buy” rating in a research note on Monday, January 13th. Seven investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of C$30.19.

Maple Leaf Foods Stock Performance

Shares of TSE MFI opened at C$21.43 on Thursday. The business has a fifty day simple moving average of C$21.59 and a 200 day simple moving average of C$22.44. The company has a current ratio of 1.32, a quick ratio of 0.54 and a debt-to-equity ratio of 132.03. The firm has a market capitalization of C$2.64 billion, a price-to-earnings ratio of 238.11, a PEG ratio of 18.07 and a beta of 0.47. Maple Leaf Foods has a one year low of C$19.61 and a one year high of C$27.27.

Maple Leaf Foods Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 31st were paid a dividend of $0.22 per share. The ex-dividend date was Friday, December 6th. This represents a $0.88 annualized dividend and a yield of 4.11%. Maple Leaf Foods’s dividend payout ratio is currently 977.78%.

Insiders Place Their Bets

In other Maple Leaf Foods news, Director Linda Mantia bought 4,498 shares of the firm’s stock in a transaction dated Friday, November 15th. The shares were bought at an average price of C$22.23 per share, for a total transaction of C$99,990.54. Corporate insiders own 39.87% of the company’s stock.

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.