Equities Analysts Issue Forecasts for KP Tissue Inc.’s FY2024 Earnings (TSE:KPT)

KP Tissue Inc. (TSE:KPTGet Rating) – Equities research analysts at National Bank Financial issued their FY2024 earnings estimates for KP Tissue in a research note issued on Wednesday, November 9th. National Bank Financial analyst Z. Evershed forecasts that the company will post earnings per share of $0.19 for the year. The consensus estimate for KP Tissue’s current full-year earnings is $0.16 per share.

Several other equities analysts have also issued reports on the company. National Bankshares raised their price target on KP Tissue from C$9.00 to C$10.00 and gave the stock a “sector perform” rating in a research report on Thursday. TD Securities decreased their target price on shares of KP Tissue from C$11.50 to C$10.50 and set a “hold” rating on the stock in a research note on Friday, August 12th. CIBC dropped their price target on shares of KP Tissue from C$11.00 to C$10.50 in a research report on Friday, October 14th. Finally, Scotiabank decreased their price objective on shares of KP Tissue from C$11.00 to C$10.00 in a research report on Thursday.

KP Tissue Trading Up 0.4 %

KPT opened at C$10.19 on Friday. KP Tissue has a 12 month low of C$10.05 and a 12 month high of C$12.51. The business’s 50-day moving average price is C$10.45 and its 200-day moving average price is C$10.61. The company has a market cap of C$101.20 million and a P/E ratio of 92.64.

KP Tissue (TSE:KPTGet Rating) last posted its quarterly earnings results on Thursday, August 11th. The company reported C($0.40) earnings per share for the quarter, missing the consensus estimate of C($0.19) by C($0.21). The business had revenue of C$397.50 million for the quarter, compared to analyst estimates of C$417.25 million.

KP Tissue Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 16th. Shareholders of record on Saturday, December 31st will be issued a $0.18 dividend. The ex-dividend date of this dividend is Thursday, December 29th. This represents a $0.72 annualized dividend and a yield of 7.07%. KP Tissue’s dividend payout ratio (DPR) is presently 654.55%.

KP Tissue Company Profile

(Get Rating)

KP Tissue Inc, through its interest in Kruger Products L.P., produces, distributes, markets, and sells a range of disposable tissue products in Canada and the United States. The company operates through two segments, Consumer and Away-From-Home. It offers bathroom and facial tissues, paper towels, and napkins, as well as manufactures private label tissue products.

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Earnings History and Estimates for KP Tissue (TSE:KPT)

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