TSE:MFI Q4 EPS Estimate Lifted by National Bank Financial

Maple Leaf Foods Inc. (TSE:MFI - Free Report) - Stock analysts at National Bank Financial increased their Q4 2024 earnings per share estimates for Maple Leaf Foods in a research note issued on Wednesday, November 13th. National Bank Financial analyst V. Shreedhar now expects that the company will post earnings of $0.26 per share for the quarter, up from their prior estimate 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 topic of several other research reports. TD Securities decreased their price target on Maple Leaf Foods from C$35.00 to C$34.00 and set a "buy" rating on the stock in a research note on Thursday. National Bankshares dropped their price objective on Maple Leaf Foods from C$28.00 to C$26.00 in a report on Thursday. Finally, CIBC dropped their price objective on Maple Leaf Foods from C$31.00 to C$30.00 in a report on Friday, August 9th. Six equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Maple Leaf Foods presently has an average rating of "Buy" and an average target price of C$29.93.

Maple Leaf Foods Price Performance

Shares of MFI stock traded down C$0.03 during trading hours on Monday, hitting C$22.53. 67,534 shares of the company's stock were exchanged, compared to its average volume of 169,541. The company has a quick ratio of 0.54, a current ratio of 1.32 and a debt-to-equity ratio of 132.03. Maple Leaf Foods has a fifty-two week low of C$21.05 and a fifty-two week high of C$27.55. The firm has a market cap of C$2.77 billion, a P/E ratio of 250.67, a P/E/G ratio of 18.07 and a beta of 0.47. The firm has a 50 day moving average of C$22.04 and a two-hundred day moving average of C$22.99.

Insider Activity at Maple Leaf Foods

In other news, Director Linda Mantia acquired 4,498 shares of the company's stock in a transaction dated Friday, November 15th. The shares were bought at an average price of C$22.23 per share, with a total value of C$99,990.54. Also, Senior Officer Jonathan David Sawatzky sold 2,600 shares of Maple Leaf Foods stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of C$21.23, for a total value of C$55,198.00. Corporate insiders own 39.87% of the company's stock.

Maple Leaf Foods Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 27th were given a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.91%. The ex-dividend date was Friday, September 6th. Maple Leaf Foods's payout ratio is 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.