Brokers Issue Forecasts for TSE:TVK FY2025 Earnings

TerraVest Industries Inc. (TSE:TVK) – Research analysts at Scotiabank issued their FY2025 earnings estimates for shares of TerraVest Industries in a report released on Wednesday, March 19th. Scotiabank analyst J. Goldman forecasts that the company will post earnings per share of $4.13 for the year. Scotiabank currently has a “Outperform” rating and a $140.00 target price on the stock. The consensus estimate for TerraVest Industries’ current full-year earnings is $4.45 per share. Scotiabank also issued estimates for TerraVest Industries’ FY2026 earnings at $4.99 EPS.

Several other equities research analysts also recently weighed in on the company. Desjardins upped their target price on TerraVest Industries from C$125.00 to C$150.00 and gave the stock a “buy” rating in a research report on Tuesday, March 18th. National Bankshares upped their price target on TerraVest Industries from C$126.00 to C$134.00 and gave the stock a “sector perform” rating in a report on Tuesday, March 18th. Finally, Canaccord Genuity Group increased their price objective on shares of TerraVest Industries from C$132.00 to C$170.00 and gave the company a “buy” rating in a research report on Tuesday, March 18th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of C$137.00.

TerraVest Industries Stock Down 2.1 %

Shares of TSE TVK opened at C$146.56 on Monday. The stock has a fifty day moving average price of C$124.65 and a 200 day moving average price of C$114.22. The company has a current ratio of 2.44, a quick ratio of 0.91 and a debt-to-equity ratio of 82.38. TerraVest Industries has a 12-month low of C$57.40 and a 12-month high of C$152.07. The company has a market cap of C$2.88 billion, a P/E ratio of 43.24 and a beta of 0.66.

TerraVest Industries Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Thursday, April 10th will be paid a dividend of $0.175 per share. This represents a $0.70 dividend on an annualized basis and a yield of 0.48%. The ex-dividend date is Monday, March 31st. This is a positive change from TerraVest Industries’s previous quarterly dividend of $0.15. TerraVest Industries’s dividend payout ratio (DPR) is 17.70%.

TerraVest Industries Company Profile

TerraVest Industries Inc manufactures and sells goods and services to energy, agriculture, mining, transportation, and other markets in Canada and the United States. It operates through four segments: Home Heating and Cooling Products (HVAC Equipment); Compressed Gas Storage and Distribution Equipment (Compressed Gas Equipment); Energy Processing Equipment (Processing Equipment); and Service.