What is Scotiabank's Estimate for TSE:TVK FY2025 Earnings?

TerraVest Industries Inc. (TSE:TVK - Free Report) - 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 anticipates that the company will post earnings of $4.13 per share for the year. Scotiabank has a "Outperform" rating and a $140.00 price objective 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.

Other research analysts have also recently issued research reports about the company. Desjardins raised their target price on TerraVest Industries from C$125.00 to C$150.00 and gave the company a "buy" rating in a research note on Tuesday, March 18th. National Bankshares boosted their target price on shares of TerraVest Industries from C$126.00 to C$134.00 and gave the company a "sector perform" rating in a report on Tuesday, March 18th. Finally, Canaccord Genuity Group increased their price target on shares of TerraVest Industries from C$132.00 to C$170.00 and gave the stock a "buy" rating in a research note on Tuesday, March 18th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, TerraVest Industries presently has an average rating of "Moderate Buy" and an average target price of C$137.00.

TerraVest Industries Stock Down 3.3 %

TVK traded down C$4.80 on Monday, hitting C$141.76. The company had a trading volume of 73,067 shares, compared to its average volume of 112,137. TerraVest Industries has a 52-week low of C$58.91 and a 52-week high of C$152.07. The stock has a fifty day simple moving average of C$125.07 and a 200-day simple moving average of C$114.56. The company has a debt-to-equity ratio of 82.38, a current ratio of 2.44 and a quick ratio of 0.91. The firm has a market capitalization of C$2.78 billion, a P/E ratio of 41.82 and a beta of 0.66.

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TerraVest Industries Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Thursday, April 10th will be paid a $0.175 dividend. This is a boost from TerraVest Industries's previous quarterly dividend of $0.15. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.70 dividend on an annualized basis and a yield of 0.49%. TerraVest Industries's payout ratio is presently 17.70%.

About TerraVest Industries

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.