Canadian Tire (TSE:CTC - Get Free Report) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, November 7th. Analysts expect Canadian Tire to post earnings of C$3.05 per share for the quarter.
Canadian Tire (TSE:CTC - Get Free Report) last released its earnings results on Thursday, August 8th. The company reported C$3.56 EPS for the quarter, topping analysts' consensus estimates of C$2.46 by C$1.10. Canadian Tire had a return on equity of 7.45% and a net margin of 2.33%. The firm had revenue of C$4.13 billion during the quarter, compared to the consensus estimate of C$4.07 billion.
Canadian Tire Price Performance
TSE:CTC remained flat at C$231.75 during midday trading on Thursday. Canadian Tire has a one year low of C$202.00 and a one year high of C$288.08. The company has a debt-to-equity ratio of 173.58, a current ratio of 1.79 and a quick ratio of 1.15. The stock has a market cap of C$792.59 million, a price-to-earnings ratio of 33.83, a P/E/G ratio of 0.49 and a beta of 1.33. The business's 50 day simple moving average is C$230.06 and its two-hundred day simple moving average is C$228.26.
Canadian Tire Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, December 1st. Stockholders of record on Thursday, October 31st will be paid a $1.75 dividend. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $7.00 dividend on an annualized basis and a dividend yield of 3.02%. Canadian Tire's payout ratio is currently 102.19%.
Wall Street Analyst Weigh In
Separately, TD Securities raised Canadian Tire from a "hold" rating to a "strong-buy" rating in a research report on Friday, August 9th.
Get Our Latest Stock Report on Canadian Tire
About Canadian Tire
(
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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.
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