Maple Leaf Foods Inc. (TSE:MFI – Get Rating)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$25.43 and traded as high as C$27.18. Maple Leaf Foods shares last traded at C$26.99, with a volume of 143,125 shares traded.
Wall Street Analysts Forecast Growth
MFI has been the subject of several recent analyst reports. Scotiabank increased their price target on Maple Leaf Foods from C$30.00 to C$33.00 in a report on Monday, May 1st. Canaccord Genuity Group reduced their price target on Maple Leaf Foods from C$31.00 to C$27.00 in a research report on Friday, March 10th. Finally, BMO Capital Markets increased their price target on Maple Leaf Foods from C$26.00 to C$27.00 in a research report on Monday, April 24th.
Maple Leaf Foods Stock Performance
The firm has a market capitalization of C$3.30 billion, a price-to-earnings ratio of -11.11, a PEG ratio of 18.07 and a beta of 0.56. The company has a fifty day moving average of C$26.21 and a two-hundred day moving average of C$25.43. The company has a debt-to-equity ratio of 114.41, a quick ratio of 0.54 and a current ratio of 1.65.
Maple Leaf Foods Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, June 30th. Stockholders of record on Thursday, June 8th will be paid a $0.21 dividend. The ex-dividend date of this dividend is Wednesday, June 7th. This represents a $0.84 annualized dividend and a dividend yield of 3.11%. Maple Leaf Foods’s payout ratio is -34.57%.
About Maple Leaf Foods
Maple Leaf Foods Inc produces food products in the United States, Canada, Japan, China, and internationally. It produces various food products, including prepared meats, ready-to-cook and ready-to-serve meals, snacks kits, fresh pork and poultry, and plant protein products. The company offers its products under various brands, including Maple Leaf, Schneiders, Greenfield Natural Meat Co, Swift, Prime, Maple Leaf Natural Selections, Mina, Big Stick, Cappola, Deli Express, Field Roast Grain Meat Co, Holiday, Hygrade, Larsen, Lightlife, Lunch Mate, Main Street Deli, Maple Leaf Foodservice, Mitchell's, Olympic Craft Meats, Parma, Shopsy's, Sunrise, and Swift.
- Applied Materials: Cracks In The Chip Recovery Or Time To Buy?
- Deere & Company Rallies On Farm Equipment Boom, Bullish Outlook
- How Many Roth IRAs Can You Have?
- Why You Should Consider Buying Nvidia Ahead Of Earnings
- Foot Locker And The Ebbing Tide Of Discretionary Spending
Receive News & Ratings for Maple Leaf Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Maple Leaf Foods and related companies with MarketBeat.com's FREE daily email newsletter.