Canadian Tire (CTC) Stock Price, News & Analysis

Company Overview

Canadian Tire Corporation, Limited provides a range of retail goods and services in Canada. It operates in three segments: Retail, CT REIT, and Financial Services. The Retail segment retails automotive maintenance products and accessories, parts, and tires, as well as automotive services and roadside assistance; electrical, hardware, home environment, paint, plumbing, and tool products; cleaning, food & drink, home décor, home essentials, home organization, kitchen, and pet care products; camping, exercise, hockey, hunting, fishing, seasonal recreation, and team sports and golf products; and backyard living, backyard fun, cycling, gardening, outdoor tools, seasonal, and toy products. This segment offers its products under the Canadian Tire, Canadian Tire Gas, Pro Hockey Life, Mark's, PartSource, Helly Hansen, Party City, and SportChek brand names. This segment also participates in loyalty programs, as well as sells its products online. The CT REIT segment operates as a closed-end real estate investment trust that holds a portfolio of properties comprising Canadian Tire stores, Canadian Tire anchored retail developments, industrial properties, mixed-use commercial property, and development properties. The Financial Services segment provides consumer credit cards, in-store financing, insurance products, and retail and broker deposits; and savings accounts and guaranteed investment certificates. Canadian Tire Corporation, Limited was founded in 1922 and is headquartered in Toronto, Canada.

Key Stats

• Today's Range: C$199.00 to C$204.00
• 50-Day Range: C$202.05 to C$233.56
• 52-Week Range: C$199.00 to C$282.00
• Volume: 1,315 shs
• Average Volume: 384 shs
• Market Capitalization: C$680.58 million
• P/E Ratio: 29.05
• Dividend Yield: 3.52%
• Price Target: N/A
• Consensus Rating: Buy

CTC Stock Analysis - Frequently Asked Questions

How have CTC shares performed this year?

Canadian Tire's stock was trading at C$280.00 at the beginning of 2024. Since then, CTC shares have decreased by 28.9% and is now trading at C$199.00.
View the best growth stocks for 2024 here.

How do I buy shares of Canadian Tire?

Shares of CTC stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Canadian Tire own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Canadian Tire investors own include Canadian Tire (CTC.A), Toronto-Dominion Bank (TD), Royal Bank of Canada (RY), NVIDIA (NVDA), Air Canada (AC), Bank of Montreal (BMO) and Meta Platforms (META).

Company Calendar

• Ex-Dividend for 12/1 Dividend: 10/31/2024
• Dividend Payable: 12/01/2024
• Today: 12/24/2024

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Consumer Cyclical
• Industry: Specialty Retail
• Sub-Industry: N/A
• Current Symbol: TSE:CTC
• CUSIP: N/A
• CIK: N/A
• Web: www.canadiantire.ca
• Phone: +1-416-4808725
• Fax: N/A
• Employees: 14,322
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): C$6.85
• Trailing P/E Ratio: 29.05
• Forward P/E Ratio: 14.53
• P/E Growth: 0.49
• Net Income: C$381.70 million
• Net Margins: 2.33%
• Pretax Margin: N/A
• Return on Equity: 7.45%
• Return on Assets: 3.90%

Debt

• Debt-to-Equity Ratio: 173.58
• Current Ratio: 1.79
• Quick Ratio: 1.15

Sales & Book Value

• Annual Sales: C$16.35 billion
• Price / Sales: 0.04
• Cash Flow: C$6.17 per share
• Price / Cash Flow: 32.26
• Book Value: C$101.83 per share
• Price / Book: 1.95

Miscellaneous

• Outstanding Shares: 3,420,000
• Free Float: N/A
• Market Cap: C$680.58 million
• Optionable: Not Optionable
• Beta: 1.33