TSE:MFI Q4 EPS Estimate Lifted by National Bank Financial

Maple Leaf Foods Inc. (TSE:MFI) – Investment analysts at National Bank Financial boosted their Q4 2024 EPS estimates for shares of Maple Leaf Foods in a research note issued on Wednesday, November 13th. National Bank Financial analyst V. Shreedhar now expects that the company will earn $0.26 per share for the quarter, up from their previous forecast of $0.25. The consensus estimate for Maple Leaf Foods’ current full-year earnings is $1.43 per share. National Bank Financial also issued estimates for Maple Leaf Foods’ Q4 2025 earnings at $0.42 EPS.

MFI has been the subject of a number of other reports. CIBC cut their price objective on Maple Leaf Foods from C$31.00 to C$30.00 in a research report on Friday, August 9th. National Bankshares dropped their price target on shares of Maple Leaf Foods from C$28.00 to C$26.00 in a research report on Thursday. Finally, TD Securities decreased their price objective on shares of Maple Leaf Foods from C$35.00 to C$34.00 and set a “buy” rating on the stock in a report on Thursday. Six research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of C$29.93.

Maple Leaf Foods Price Performance

TSE:MFI opened at C$22.56 on Monday. Maple Leaf Foods has a 52 week low of C$21.05 and a 52 week high of C$27.55. The stock’s fifty day moving average is C$22.04 and its two-hundred day moving average is C$22.99. The company has a market capitalization of C$2.78 billion, a P/E ratio of 250.67, a P/E/G ratio of 18.07 and a beta of 0.47. The company has a quick ratio of 0.54, a current ratio of 1.32 and a debt-to-equity ratio of 132.03.

Insider Transactions at Maple Leaf Foods

In related news, Director Linda Mantia acquired 4,498 shares of the firm’s stock in a transaction dated Friday, November 15th. The stock was acquired at an average price of C$22.23 per share, for a total transaction of C$99,990.54. Also, Senior Officer Jonathan David Sawatzky sold 2,600 shares of the company’s stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of C$21.23, for a total transaction of C$55,198.00. Corporate insiders own 39.87% of the company’s stock.

Maple Leaf Foods Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 27th were paid a dividend of $0.22 per share. The ex-dividend date was Friday, September 6th. This represents a $0.88 dividend on an annualized basis and a yield of 3.90%. Maple Leaf Foods’s dividend payout ratio (DPR) is presently 977.78%.

Maple Leaf Foods Company Profile

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.