National Bank Financial Analysts Cut Earnings Estimates for Maple Leaf Foods Inc. (TSE:MFI)

Maple Leaf Foods Inc. (TSE:MFI) – Investment analysts at National Bank Financial cut their FY2025 EPS estimates for shares of Maple Leaf Foods in a report issued on Thursday, May 2nd. National Bank Financial analyst V. Shreedhar now anticipates that the company will post earnings of $1.60 per share for the year, down from their previous estimate of $1.75. The consensus estimate for Maple Leaf Foods’ current full-year earnings is $0.99 per share.

Maple Leaf Foods (TSE:MFI) last posted its quarterly earnings data on Thursday, February 22nd. The company reported C$0.08 EPS for the quarter. The business had revenue of C$1.19 billion for the quarter. Maple Leaf Foods had a negative net margin of 2.57% and a negative return on equity of 7.86%.

Other equities research analysts have also recently issued reports about the stock. Scotiabank cut their price objective on shares of Maple Leaf Foods from C$33.50 to C$31.50 and set an “outperform” rating on the stock in a research report on Friday. TD Securities cut shares of Maple Leaf Foods from an “action list buy” rating to a “buy” rating and cut their price target for the stock from C$40.00 to C$31.00 in a research report on Friday, February 23rd. CIBC cut their price target on shares of Maple Leaf Foods from C$32.00 to C$31.00 and set an “outperform” rating on the stock in a research report on Friday. Royal Bank of Canada cut their price target on shares of Maple Leaf Foods from C$32.00 to C$29.00 and set an “outperform” rating on the stock in a research report on Friday, February 23rd. Finally, BMO Capital Markets cut their price target on shares of Maple Leaf Foods from C$31.00 to C$29.00 in a research report on Friday, February 23rd. Seven research analysts have rated the stock with a buy rating, According to MarketBeat.com, Maple Leaf Foods currently has a consensus rating of “Buy” and a consensus price target of C$30.07.

Maple Leaf Foods Trading Up 1.5 %

MFI opened at C$23.73 on Monday. The stock has a market capitalization of C$2.91 billion, a P/E ratio of -23.04, a P/E/G ratio of 18.07 and a beta of 0.48. Maple Leaf Foods has a 12 month low of C$21.52 and a 12 month high of C$31.63. The firm’s fifty day simple moving average is C$23.29 and its 200 day simple moving average is C$24.72. The company has a current ratio of 1.17, a quick ratio of 0.54 and a debt-to-equity ratio of 140.69.

Maple Leaf Foods Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Thursday, June 6th will be paid a dividend of $0.22 per share. The ex-dividend date is Thursday, June 6th. This represents a $0.88 annualized dividend and a dividend yield of 3.71%. Maple Leaf Foods’s dividend payout ratio is presently -85.44%.

About Maple Leaf Foods

Maple Leaf Foods Inc produces food products in the United States, Canada, Japan, China, and internationally. The company operates through Meat Protein Group and Plant Protein Group segments. It produces various food products, including prepared meats, ready-to-cook and ready-to-serve meals, fresh pork and poultry, and plant protein products; bacon, hams, wieners, and meat snacks; a variety of delicatessen products; and processed chicken products, such as fully cooked chicken breasts and wings, processed turkey products, specialty sausages, cooked meats, sliced meats, cooked sausage products, lunch kits, and canned meats.