Canadian Tire Co., Limited to Post FY2025 Earnings of $15.89 Per Share, Desjardins Forecasts (TSE:CTC)

Canadian Tire Co., Limited (TSE:CTC) – Investment analysts at Desjardins issued their FY2025 earnings per share (EPS) estimates for shares of Canadian Tire in a research report issued to clients and investors on Friday, November 10th. Desjardins analyst C. Li expects that the company will post earnings per share of $15.89 for the year. The consensus estimate for Canadian Tire’s current full-year earnings is $16.23 per share.

Canadian Tire (TSE:CTC) last issued its earnings results on Thursday, August 10th. The company reported C$3.08 EPS for the quarter, missing analysts’ consensus estimates of C$3.09 by C($0.01). The firm had revenue of C$4.26 billion during the quarter, compared to the consensus estimate of C$4.31 billion. Canadian Tire had a net margin of 4.70% and a return on equity of 14.55%.

Separately, National Bank Financial downgraded Canadian Tire from an “outperform market weight” rating to a “sector perform market weight” rating in a research note on Thursday, August 10th.

Canadian Tire Price Performance

Shares of TSE CTC opened at C$259.59 on Monday. Canadian Tire has a twelve month low of C$243.18 and a twelve month high of C$336.00. The stock’s 50 day moving average price is C$277.11 and its 200-day moving average price is C$288.51. The company has a market capitalization of C$887.80 million, a PE ratio of 18.52, a PEG ratio of 3.55 and a beta of 1.33. The company has a quick ratio of 1.15, a current ratio of 1.49 and a debt-to-equity ratio of 162.71.

Canadian Tire Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 1st. Investors of record on Wednesday, January 31st will be paid a $1.75 dividend. This is an increase from Canadian Tire’s previous quarterly dividend of $1.73. The ex-dividend date of this dividend is Tuesday, January 30th. This represents a $7.00 annualized dividend and a yield of 2.70%. Canadian Tire’s dividend payout ratio is presently 49.22%.

About Canadian Tire

Canadian Tire Corporation, Limited provides a range of retail goods and services in Canada. It operates in three segments: Retail, CT REIT, and Financial Services. The Retail segment retails automotive maintenance products and accessories, parts, tires as well as automotive services and roadside assistance; kitchen, home organization, decor, home electronics, pet, and cleaning and consumable products; tools, hardware, paint, electrical, plumbing, home environment, and smart home products; and outdoor recreation, exercise, footwear and apparel, hunting, fishing, camping, and sporting goods.