Should I buy or sell Metro stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Metro in the last year. There are currently 7 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" MRU shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MRU, but not buy additional shares or sell existing shares. View MRU analyst ratings or view top-rated stocks .

What is Metro's stock price target for 2024?

7 brokerages have issued 1 year price objectives for Metro's shares. Their MRU share price targets range from C$74.00 to C$82.00. On average, they predict the company's share price to reach C$77.21 in the next twelve months. This suggests a possible upside of 9.5% from the stock's current price. View analysts price targets for MRU or view top-rated stocks among Wall Street analysts .

How have MRU shares performed in 2024?

Metro's stock was trading at C$68.59 at the beginning of 2024. Since then, MRU stock has increased by 2.8% and is now trading at C$70.51. View the best growth stocks for 2024 here .

When is Metro's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024. View our MRU earnings forecast .

How were Metro's earnings last quarter?

Metro Inc. (TSE:MRU) announced its earnings results on Tuesday, January, 30th. The company reported $1.02 earnings per share for the quarter, topping the consensus estimate of $0.99 by $0.03. The company earned $4.97 billion during the quarter, compared to the consensus estimate of $4.86 billion. Metro had a net margin of 4.81% and a trailing twelve-month return on equity of 15.00%.

How often does Metro pay dividends? What is the dividend yield for Metro?

Metro declared a quarterly dividend on Wednesday, February 14th. Investors of record on Tuesday, March 12th will be paid a dividend of 0.335 per share on Tuesday, March 12th. This represents a $1.34 annualized dividend and a dividend yield of 1.90%. The ex-dividend date of this dividend is Wednesday, February 14th. This is a positive change from the stock's previous quarterly dividend of C$0.30. Read our dividend analysis for MRU .

Is Metro a good dividend stock?

Metro (TSE:MRU) pays an annual dividend of C$1.34 per share and currently has a dividend yield of 1.83%. The dividend payout ratio is 30.66%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for MRU .

What other stocks do shareholders of Metro own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Metro investors own include Enbridge (ENB) , Bank of Nova Scotia (BNS) , Canadian National Railway (CNR) , Royal Bank of Canada (RY) , BCE (BCE) , Dollarama (DOL) , National Bank of Canada (NA) , Toronto-Dominion Bank (TD) , Alimentation Couche-Tard (ATD.B) and Bank of Montreal (BMO) .

How do I buy shares of Metro?

Shares of MRU stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:MRU

Metro (MRU) Stock Price, News & Analysis

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C$70.51

+0.10 (+0.14%)

(As of 04/17/2024 ET)

Compare

Today's Range: C$69.75
▼
C$70.84
50-Day Range: C$68.44
▼
C$74.62
52-Week Range: C$65.43
▼
C$78.88

Volume: 259,005 shs
Average Volume: 438,682 shs
Market Capitalization: C$16.01 billion

P/E Ratio: 16.14
Dividend Yield: 1.90%
Price Target: C$77.21

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines

Get Metro alerts:

Metro MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 9.5% Upside
C$77.21 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.20
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.30 out of 5 stars

1.0

Analyst's Opinion

Consensus Rating
Metro has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 7 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Metro has only been the subject of 3 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for MRU.

1.7

Dividend Strength

Dividend Yield
Metro pays a meaningful dividend of 1.83%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Metro does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Metro is 30.66%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MRU.

1.8

News and Social Media Coverage

News Sentiment
Metro has a news sentiment score of 0.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Defensive companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Metro this week, compared to 2 articles on an average week.
Search Interest
Only 1 people have searched for MRU on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Metro insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.14% of the stock of Metro is held by insiders.
Percentage Held by Institutions
45.15% of the stock of Metro is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Metro is 16.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.02.
Price to Earnings Ratio vs. Sector
The P/E ratio of Metro is 16.14, which means that it is trading at a less expensive P/E ratio than the Consumer Defensive sector average P/E ratio of about 240.33.
Price to Earnings Growth Ratio
Metro has a PEG Ratio of 2.12. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Metro has a P/B Ratio of 2.34. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Metro Stock (TSE:MRU)

Metro Inc., through its subsidiaries, operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada. The company operates supermarkets, discount, neighborhood, and specialty stores that provide fresh and grocery products, baked goods, prepared food products, meats, dairy products, fruits and vegetables, frozen food products, bakery products, delicatessen items, and pastries. It also manufactures ready-to-eat meals, salads, dips, pastries, pies, breads, and cakes; generic drugs under Pro Doc trademark; and provides online grocery shopping services. In addition, the company offers its private label food products under Irresistibles, Selection, Our Harvest Best, Lucky Koi, Life Smart, Adonis, Phoenicia, and Premiere Moisson brands; and private label drug products comprising beauty and cosmetic products, over-the-counter medications, and personal care products, sold under the Personnelle brand name. It operates a network of food stores under various banners, including Metro, Metro Plus, Adonis, Super C, Marché Richelieu, Marché Ami, Première Moisson, Les 5 Saisons, and Food Basics, as well as drugstores primarily under the PJC Jean Coutu, PJC Santé, PJC Santé Beauté, Brunet, Brunet Plus, Brunet Clinique, Clini Plus, Metro Pharmacy, and Food Basics Pharmacy banners. The company was founded in 1947 and is headquartered in Montréal, Canada.

MRU Stock Price History

30 days | 90 days | 365 days | Advanced Chart

MRU Stock News Headlines

April 17, 2024 | americanbankingnews.com

Metro (MRU) Set to Announce Quarterly Earnings on Wednesday

April 14, 2024 | americanbankingnews.com

Metro Inc. (TSE:MRU) Given Average Recommendation of "Hold" by Analysts

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March 28, 2024 | ca.news.yahoo.com

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March 27, 2024 | msn.com

Royalmount mega-mall project a step closer to completion, but traffic concerns remain

March 22, 2024 | finance.yahoo.com

Metro's (TSE:MRU) investors will be pleased with their notable 59% return over the last five years

March 19, 2024 | msn.com

New skywalk above Décarie Expressway to be installed this weekend

February 23, 2024 | msn.com

Better Buy: Loblaw Companies or Metro Stock?

February 20, 2024 | finance.yahoo.com

Metro Inc. (MRU.TO)

February 2, 2024 | msn.com

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January 31, 2024 | msn.com

Champagne says he’s working phones to court new players for Canadian grocery market

January 30, 2024 | finanznachrichten.de

Metro Inc. Reports 2024 First Quarter Results

January 30, 2024 | msn.com

Grocery and drugstore retailer Metro reports $228.5M Q1 profit, raises dividend

January 30, 2024 | theglobeandmail.com

Metro’s first-quarter sales near $5-billion but profit slips amid ‘transition year’

January 30, 2024 | finance.yahoo.com

/R E P E A T -- MEDIA BRIEFING - 2024 METRO ANNUAL GENERAL MEETING OF SHAREHOLDERS/

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Company Calendar

Last Earnings: 1/30/2024
Ex-Dividend for 3/12 Dividend: 2/14/2024
Dividend Payable: 3/12/2024
Today: 4/18/2024
Next Earnings (Confirmed): 4/24/2024

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Consumer Defensive
Industry: Grocery Stores
Sub-Industry: N/A
Current Symbol: TSE:MRU
CUSIP: N/A
CIK: N/A
Web: www.metro.ca
Phone: +1-514-6431000
Fax: N/A
Employees: 97,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$77.21
High Stock Price Target: C$82.00
Low Stock Price Target: C$74.00
Potential Upside/Downside: +9.5%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$4.37
Trailing P/E Ratio: 16.14
Forward P/E Ratio: 16.56
P/E Growth: 2.12
Net Income: C$1.01 billion
Net Margins: 4.81%
Pretax Margin: N/A
Return on Equity: 15.00%
Return on Assets: 6.49%

Debt

Debt-to-Equity Ratio: 65.71
Current Ratio: 1.16
Quick Ratio: 0.41

Sales & Book Value

Annual Sales: C$21.03 billion
Price / Sales: 0.76
Cash Flow: C$0.05 per share
Price / Cash Flow: 1,364.56
Book Value: C$30.09 per share
Price / Book: 2.34

Miscellaneous

Outstanding Shares: 227,030,000
Free Float: N/A
Market Cap: C$16.01 billion
Optionable: Not Optionable
Beta: 0.04

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Key Executives

Mr. Eric Richer La Fleche (Age 62)
President, CEO & Non-Independent Director
Comp: $2.57M
Mr. Francois Thibault
Executive VP, CFO & Treasurer
Mr. Marc Giroux
Executive VP & COO Food
Mr. Carmen Fortino (Age 65)
Executive Vice President of National Supply Chain & Procurement
Comp: $1.23M
Mr. Jean-Michel Coutu
President of Jean Coutu Group
Mr. Frederic Legault
VP & Chief Information Officer
Mr. Simon Rivet
VP, General Counsel & Corporate Secretary
Ms. Marie-Claude Bacon
Vice President of Public Affairs & Communications
Mr. Alain Tadros
VP, Chief Marketing & Digital Strategy Officer
Ms. Geneviève Bich
Vice President of Human Resources

Key Competitors

View All Competitors

Should I Buy Metro Stock? MRU Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Metro Inc.:

Metro Inc. has a consistent track record of meeting or exceeding analysts' earnings per share (EPS) estimates, indicating strong financial performance.
The company recently increased its dividend, providing investors with a steady income stream and demonstrating confidence in its financial stability.
Metro's stock price has crossed above its 200-day moving average, a technical indicator that could signal a potential uptrend in the stock.
With a market capitalization of C$16.51 billion, Metro is a well-established company with a significant presence in the market.
Analysts have given Metro a consensus rating of "Hold" with an average price target of C$77.21, suggesting potential upside for investors.

Cons

Investors should be bearish about investing in Metro Inc. for these reasons:

Despite recent positive developments, Metro's stock has a beta of 0.04, indicating low volatility compared to the market, which may limit potential returns for investors seeking higher-risk investments.
The company's debt-to-equity ratio of 65.71 is relatively high, which could pose risks in case of economic downturns or rising interest rates.
Metro's current ratio of 1.16 and quick ratio of 0.41 suggest potential liquidity challenges in meeting short-term obligations.
While Metro has shown growth potential, its PEG ratio of 2.12 indicates that the stock may be overvalued relative to its earnings growth rate.
Investors should consider the 52-week high and low prices of Metro stock (C$78.88 and C$65.43 respectively) to assess the stock's historical price volatility.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these Metro pros and cons to contact@marketbeat.com.

MRU Stock Analysis - Frequently Asked Questions

Should I buy or sell Metro stock right now?: 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Metro in the last year. There are currently 7 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" MRU shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MRU, but not buy additional shares or sell existing shares.
View MRU analyst ratings or view top-rated stocks.
What is Metro's stock price target for 2024?: 7 brokerages have issued 1 year price objectives for Metro's shares. Their MRU share price targets range from C$74.00 to C$82.00. On average, they predict the company's share price to reach C$77.21 in the next twelve months. This suggests a possible upside of 9.5% from the stock's current price.
View analysts price targets for MRU or view top-rated stocks among Wall Street analysts.
How have MRU shares performed in 2024?: Metro's stock was trading at C$68.59 at the beginning of 2024. Since then, MRU stock has increased by 2.8% and is now trading at C$70.51.
View the best growth stocks for 2024 here.
When is Metro's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our MRU earnings forecast.
How were Metro's earnings last quarter?: Metro Inc. (TSE:MRU) announced its earnings results on Tuesday, January, 30th. The company reported $1.02 earnings per share for the quarter, topping the consensus estimate of $0.99 by $0.03. The company earned $4.97 billion during the quarter, compared to the consensus estimate of $4.86 billion. Metro had a net margin of 4.81% and a trailing twelve-month return on equity of 15.00%.

How often does Metro pay dividends? What is the dividend yield for Metro?: Metro declared a quarterly dividend on Wednesday, February 14th. Investors of record on Tuesday, March 12th will be paid a dividend of 0.335 per share on Tuesday, March 12th. This represents a $1.34 annualized dividend and a dividend yield of 1.90%. The ex-dividend date of this dividend is Wednesday, February 14th. This is a positive change from the stock's previous quarterly dividend of C$0.30.
Read our dividend analysis for MRU.
Is Metro a good dividend stock?: Metro (TSE:MRU) pays an annual dividend of C$1.34 per share and currently has a dividend yield of 1.83%. The dividend payout ratio is 30.66%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for MRU.
What other stocks do shareholders of Metro own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Metro investors own include Enbridge (ENB), Bank of Nova Scotia (BNS), Canadian National Railway (CNR), Royal Bank of Canada (RY), BCE (BCE), Dollarama (DOL), National Bank of Canada (NA), Toronto-Dominion Bank (TD), Alimentation Couche-Tard (ATD.B) and Bank of Montreal (BMO).
How do I buy shares of Metro?: Shares of MRU stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:MRU) was last updated on 4/18/2024 by MarketBeat.com Staff

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Metro (MRU) Stock Price, News & Analysis

Metro MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Metro Stock (TSE:MRU)

MRU Stock Price History

MRU Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Should I Buy Metro Stock? MRU Pros and Cons Explained

Pros

Cons

MRU Stock Analysis - Frequently Asked Questions

Overall MarketRank^™