National Bank Financial Reduces Earnings Estimates for Metro

Metro Inc. (TSE:MRU - Free Report) - Analysts at National Bank Financial decreased their FY2026 EPS estimates for shares of Metro in a report issued on Wednesday, April 16th. National Bank Financial analyst V. Shreedhar now anticipates that the company will post earnings of $5.35 per share for the year, down from their previous forecast of $5.36. The consensus estimate for Metro's current full-year earnings is $4.82 per share. National Bank Financial also issued estimates for Metro's Q4 2026 earnings at $1.29 EPS and FY2027 earnings at $5.84 EPS.

Several other brokerages have also recently issued reports on MRU. TD Securities lifted their target price on shares of Metro from C$99.00 to C$112.00 and gave the stock a "buy" rating in a research note on Monday. Royal Bank of Canada boosted their price target on shares of Metro from C$90.00 to C$98.00 in a research report on Monday, April 14th. Desjardins increased their price objective on shares of Metro from C$95.00 to C$105.00 and gave the company a "hold" rating in a report on Thursday, April 17th. UBS Group boosted their target price on Metro from C$99.00 to C$105.00 in a report on Thursday, April 17th. Finally, Scotiabank increased their price target on Metro from C$100.00 to C$110.00 and gave the company an "outperform" rating in a report on Thursday, April 17th. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of C$104.22.

Metro Price Performance

TSE MRU traded down C$1.16 on Friday, hitting C$103.50. The company had a trading volume of 168,378 shares, compared to its average volume of 528,451. The company has a debt-to-equity ratio of 62.29, a current ratio of 1.35 and a quick ratio of 0.41. The company's fifty day moving average price is C$96.66 and its 200-day moving average price is C$91.59. The company has a market capitalization of C$22.89 billion, a PE ratio of 23.89, a PEG ratio of 4.06 and a beta of 0.08. Metro has a 12-month low of C$69.19 and a 12-month high of C$105.54.

Metro Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 11th. Stockholders of record on Tuesday, March 11th were given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 1.43%. The ex-dividend date was Thursday, February 13th. This is a positive change from Metro's previous quarterly dividend of $0.34. Metro's dividend payout ratio (DPR) is 30.93%.

About Metro

Metro Inc, through its subsidiaries, operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada. The company operates supermarkets, discount, neighborhood, and specialty stores that provide fresh and grocery products, baked goods, prepared food products, meats, dairy products, fruits and vegetables, frozen food products, bakery products, delicatessen items, and pastries.