Mullen Group Ltd. (TSE:MTL - Free Report) - Equities research analysts at National Bank Financial issued their Q1 2025 earnings estimates for shares of Mullen Group in a research report issued on Thursday, February 13th. National Bank Financial analyst C. Doerksen forecasts that the company will earn $0.18 per share for the quarter. National Bank Financial also issued estimates for Mullen Group's FY2025 earnings at $1.22 EPS and FY2026 earnings at $1.39 EPS.
Other equities research analysts also recently issued reports about the stock. CIBC lifted their price target on shares of Mullen Group from C$16.50 to C$17.50 in a research note on Friday, October 25th. Raymond James reduced their price objective on Mullen Group from C$18.50 to C$17.50 in a research note on Friday, February 14th. Scotiabank lowered their target price on Mullen Group from C$20.00 to C$19.00 in a research report on Thursday, January 30th. BMO Capital Markets lifted their price target on shares of Mullen Group from C$17.00 to C$20.00 in a research report on Friday, October 25th. Finally, National Bankshares upped their price objective on shares of Mullen Group from C$18.00 to C$19.00 in a report on Monday, December 9th. One analyst has rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of C$18.84.
Read Our Latest Stock Report on MTL
Mullen Group Stock Performance
MTL stock remained flat at C$13.50 during midday trading on Monday. 350,789 shares of the company traded hands, compared to its average volume of 232,657. The company has a current ratio of 1.62, a quick ratio of 1.06 and a debt-to-equity ratio of 120.69. The firm has a market cap of C$1.20 billion, a price-to-earnings ratio of 9.79, a P/E/G ratio of 1.81 and a beta of 1.82. The company's fifty day moving average price is C$14.64 and its two-hundred day moving average price is C$14.66. Mullen Group has a 1-year low of C$12.47 and a 1-year high of C$16.06.
Mullen Group Announces Dividend
The company also recently declared a monthly dividend, which was paid on Tuesday, February 18th. Investors of record on Tuesday, February 18th were given a dividend of $0.07 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 6.22%. The ex-dividend date of this dividend was Friday, January 31st. Mullen Group's payout ratio is currently 60.92%.
Mullen Group Company Profile
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Mullen Group Ltd. provides a range of trucking and logistics services in Canada and the United States. The Less-Than-Truckload segment delivers general freight consisting of smaller shipments, packages, and parcels; and pharmaceutical and package products. The Logistics & Warehousing segment offers full truckload, specialized transportation, warehousing, and fulfillment centers that handle e-commerce transactions and transload facilities for intermodal and bulk shipments; technology solutions, including transportation, inventory, and warehouse management systems; and warehousing and distribution services.
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