What is Cormark’s Forecast for K-Bro Linen FY2025 Earnings?

K-Bro Linen Inc. (TSE:KBL) – Equities researchers at Cormark lowered their FY2025 earnings per share (EPS) estimates for shares of K-Bro Linen in a research report issued on Tuesday, August 19th. Cormark analyst K. Mcphee now expects that the company will post earnings of $2.49 per share for the year, down from their prior forecast of $2.54. Cormark has a “Hold” rating on the stock. The consensus estimate for K-Bro Linen’s current full-year earnings is $2.34 per share. Cormark also issued estimates for K-Bro Linen’s FY2026 earnings at $3.10 EPS.

KBL has been the topic of a number of other reports. TD Securities lifted their price target on K-Bro Linen from C$50.00 to C$55.00 and gave the stock a “buy” rating in a research note on Friday, August 15th. Raymond James Financial lifted their price target on K-Bro Linen from C$45.00 to C$48.00 and gave the stock an “outperform” rating in a research note on Tuesday, June 3rd. Finally, Stifel Nicolaus lifted their price target on K-Bro Linen from C$46.00 to C$50.00 in a research note on Friday, June 13th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of C$51.25.

K-Bro Linen Stock Performance

TSE:KBL opened at C$37.45 on Thursday. The company has a debt-to-equity ratio of 102.23, a current ratio of 2.08 and a quick ratio of 0.87. The business has a 50 day moving average of C$34.91 and a 200 day moving average of C$34.82. The company has a market capitalization of C$392.96 million, a price-to-earnings ratio of 20.96, a PEG ratio of 3.50 and a beta of 1.08. K-Bro Linen has a 1-year low of C$32.03 and a 1-year high of C$40.03.

K-Bro Linen Announces Dividend

The firm also recently announced a jul 25 dividend, which was paid on Friday, August 15th. Stockholders of record on Thursday, July 31st were paid a dividend of $0.10 per share. K-Bro Linen’s dividend payout ratio (DPR) is presently 67.15%.

K-Bro Linen Company Profile

K-Bro Linen Inc is a healthcare and hospitality laundry and linen processor in Canada. It operates in major cities across Canada, and has two distribution centers, providing management services and laundry processing of hospitality, healthcare, and specialty linens. The company provides vital products and services that help people heal, travel, live, and play.