Desjardins Comments on Rogers Sugar FY2027 Earnings

Rogers Sugar Inc. (TSE:RSI) – Research analysts at Desjardins issued their FY2027 earnings per share (EPS) estimates for Rogers Sugar in a report issued on Thursday, November 27th. Desjardins analyst F. Tremblay forecasts that the company will post earnings of $0.54 per share for the year. Desjardins has a “Buy” rating and a $7.50 price objective on the stock. The consensus estimate for Rogers Sugar’s current full-year earnings is $0.56 per share.

A number of other analysts also recently issued reports on the stock. TD Securities downgraded shares of Rogers Sugar from a “buy” rating to a “hold” rating and set a C$7.00 price target on the stock. in a report on Friday. National Bankshares lifted their price objective on shares of Rogers Sugar from C$6.25 to C$7.00 and gave the company a “sector perform” rating in a report on Friday. Finally, BMO Capital Markets upped their price objective on shares of Rogers Sugar from C$6.50 to C$7.00 and gave the stock a “market perform” rating in a research report on Friday. One investment analyst has rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of C$6.90.

Rogers Sugar Price Performance

Shares of TSE RSI opened at C$6.09 on Monday. The company has a debt-to-equity ratio of 104.41, a current ratio of 1.39 and a quick ratio of 0.56. The stock has a market capitalization of C$780.63 million, a price-to-earnings ratio of 12.43 and a beta of 0.71. The firm’s 50 day simple moving average is C$6.30 and its 200-day simple moving average is C$6.02. Rogers Sugar has a 12 month low of C$5.22 and a 12 month high of C$6.49.

Rogers Sugar Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Wednesday, October 15th were issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 5.9%. The ex-dividend date of this dividend was Friday, September 26th. Rogers Sugar’s dividend payout ratio (DPR) is presently 73.47%.

About Rogers Sugar

Rogers Sugar Inc is a Canada based sugar producing company. The company along with its subsidiaries is principally engaged in refining, packaging, and marketing sugar products. The products offered by the company include iced tea mix, stevia, yellow sugar, Cubes, Coconut sugar, and other related sugar products.