What is Scotiabank’s Forecast for TSE:LIF FY2026 Earnings?

Labrador Iron Ore Royalty Co. (TSE:LIF) – Research analysts at Scotiabank increased their FY2026 earnings per share (EPS) estimates for shares of Labrador Iron Ore Royalty in a research note issued to investors on Friday, April 17th. Scotiabank analyst O. Wowkodaw now expects that the company will post earnings per share of $1.69 for the year, up from their prior forecast of $1.64. The consensus estimate for Labrador Iron Ore Royalty’s current full-year earnings is $3.74 per share.

Separately, TD Securities lowered their target price on Labrador Iron Ore Royalty from C$30.00 to C$29.00 and set a “hold” rating for the company in a research note on Friday, March 13th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of C$29.50.

Labrador Iron Ore Royalty Stock Performance

TSE LIF opened at C$28.40 on Wednesday. The stock has a fifty day moving average of C$29.59 and a 200-day moving average of C$29.63. The stock has a market capitalization of C$1.82 billion, a P/E ratio of 18.09, a price-to-earnings-growth ratio of 0.94 and a beta of 0.34. Labrador Iron Ore Royalty has a 52 week low of C$26.21 and a 52 week high of C$31.97.

Labrador Iron Ore Royalty (TSE:LIF) last released its quarterly earnings results on Thursday, March 12th. The company reported C$0.35 earnings per share for the quarter. Labrador Iron Ore Royalty had a return on equity of 15.70% and a net margin of 60.64%.The firm had revenue of C$39.46 million during the quarter.

About Labrador Iron Ore Royalty

Labrador Iron Ore Royalty Corporation is a Canadian corporation. The company generates all of its revenue from its equity investment in Iron Ore Company of Canada, (IOC) and its IOC royalty and commission interests. IOC operates a major iron mine near Labrador City, Newfoundland, and Labrador on lands leased from LIORC. Directly and through its wholly-owned subsidiary, Hollinger-Hanna, LIORC owns an equity interest in IOC and receives gross overriding royalty on all iron ore products produced from the leased lands that are sold and shipped by IOC and commission on IOC’s sales of iron ore.