TSE:LNR

Linamar (LNR) Stock Price, News & Analysis

C$65.70
-0.35 (-0.53%)
(As of 04:17 PM ET)
Today's Range
C$64.68
C$65.96
50-Day Range
C$63.18
C$72.20
52-Week Range
C$56.78
C$78.89
Volume
35,669 shs
Average Volume
82,481 shs
Market Capitalization
C$4.05 billion
P/E Ratio
8.04
Dividend Yield
1.52%
Price Target
C$82.20

Linamar MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
24.8% Upside
C$82.20 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.04mentions of Linamar in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
C$139,882 Sold Last Quarter
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.

2.64 out of 5 stars

LNR stock logo

About Linamar Stock (TSE:LNR)

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. It also focuses on components and systems for global mobility market; and design, development, and testing services. The Industrial segment manufactures scissor, boom, and telehandler lifts for the aerial work platform industry. This segment also manufactures draper headers and self-propelled windrowers for the agricultural harvesting industry, as well as supplies farm tillage and crop fertilizer application equipment. Linamar Corporation was founded in 1964 and is headquartered in Guelph, Canada.

LNR Stock Price History

LNR Stock News Headlines

Mysterious Gold Leverage Just Announced
World's biggest multibillionaire investor group is buying THIS by the tons Most folks have completely missed the fact that there's one group of investors so powerful they're literally buying ONE THING by the tons… Stacking it in their locked vaults on pallets in record numbers.
Linamar (TSE:LNR) Price Target Cut to C$90.00
Mysterious Gold Leverage Just Announced
World's biggest multibillionaire investor group is buying THIS by the tons Most folks have completely missed the fact that there's one group of investors so powerful they're literally buying ONE THING by the tons… Stacking it in their locked vaults on pallets in record numbers.
Linamar reports Q4 results
LNR:CA Dividend Yield Grade
Linamar Corp LNR
See More Headlines
Receive LNR Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Linamar and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
3/06/2024
Ex-Dividend for 4/15 Dividend
3/27/2024
Dividend Payable
4/15/2024
Today
4/25/2024
Next Earnings (Estimated)
5/08/2024

Industry, Sector and Symbol

Industry
Auto Parts
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
32,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$82.20
High Stock Price Target
C$90.00
Low Stock Price Target
C$70.00
Potential Upside/Downside
+24.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
C$503.05 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$9.73 billion
Cash Flow
C$14.00 per share
Book Value
C$86.43 per share

Miscellaneous

Free Float
N/A
Market Cap
C$4.05 billion
Optionable
Not Optionable
Beta
1.45
Beginners Guide To Retirement Stocks Cover

Click the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report

Key Executives

  • Ms. Linda S. Hasenfratz (Age 58)
    Executive Chairman of the Board & CEO
    Comp: $14.5M
  • Mr. Jim Jarrell (Age 60)
    President, COO & Director
    Comp: $10.46M
  • Mr. Dale Schneider
    Chief Financial Officer
  • Salvatore Cocca
    Group President of Linamar Manufacturing Europe
  • Mr. Mark Stoddart (Age 60)
    CTO, Executive VP of Sales & Marketing and Non-Independent Director
  • Mr. Elliot Burger
    General Counsel, Corporate Secretary & Global VP Corporate Development
  • Ms. Roxanne Phyllis Rose
    Global Vice President of Human Resources
  • Mr. Wenzhang Huang
    Group President of Linamar Manufacturing - Asia Pacific
  • Kurt Lawrence Buehler
    Group President of MacDon

LNR Stock Analysis - Frequently Asked Questions

Should I buy or sell Linamar stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Linamar in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" LNR shares.
View LNR analyst ratings
or view top-rated stocks.

What is Linamar's stock price target for 2024?

5 brokers have issued 12-month target prices for Linamar's stock. Their LNR share price targets range from C$70.00 to C$90.00. On average, they expect the company's share price to reach C$82.20 in the next year. This suggests a possible upside of 24.8% from the stock's current price.
View analysts price targets for LNR
or view top-rated stocks among Wall Street analysts.

How have LNR shares performed in 2024?

Linamar's stock was trading at C$64.02 at the start of the year. Since then, LNR shares have increased by 2.8% and is now trading at C$65.84.
View the best growth stocks for 2024 here
.

When is Linamar's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our LNR earnings forecast
.

How were Linamar's earnings last quarter?

Linamar Co. (TSE:LNR) announced its earnings results on Wednesday, March, 6th. The company reported $1.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.75 by $0.23. The business earned $2.45 billion during the quarter, compared to analysts' expectations of $2.40 billion. Linamar had a net margin of 5.17% and a trailing twelve-month return on equity of 9.93%.

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

Linamar declared a quarterly dividend on Wednesday, March 6th. Shareholders of record on Thursday, March 28th will be paid a dividend of 0.25 per share on Monday, April 15th. This represents a $1.00 annualized dividend and a dividend yield of 1.52%. The ex-dividend date is Wednesday, March 27th. This is a boost from the stock's previous quarterly dividend of C$0.22.
Read our dividend analysis for LNR
.

Is Linamar a good dividend stock?

Linamar (TSE:LNR) pays an annual dividend of C$1.00 per share and currently has a dividend yield of 1.39%. The dividend payout ratio is 12.24%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for LNR.

What other stocks do shareholders of Linamar own?
How do I buy shares of Linamar?

Shares of LNR 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:LNR) was last updated on 4/25/2024 by MarketBeat.com Staff

From Our Partners