Free Trial
TSE:MRU

Metro (MRU) Stock Price, News & Analysis

C$84.91
-0.09 (-0.11%)
(As of 09/6/2024 ET)
Today's Range
C$84.39
C$85.30
50-Day Range
C$75.79
C$85.89
52-Week Range
C$65.43
C$86.03
Volume
348,102 shs
Average Volume
427,344 shs
Market Capitalization
C$18.90 billion
P/E Ratio
20.76
Dividend Yield
1.58%
Price Target
C$84.25

Metro MarketRank™ Stock Analysis

Analyst Rating
Hold
2.14 Rating Score
Upside/​Downside
0.8% Downside
C$84.25 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.25mentions of Metro in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.31 out of 5 stars

MRU stock logo

About Metro Stock (TSE:MRU)

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. It also manufactures ready-to-eat meals, salads, dips, pastries, pies, breads, and cakes; generic drugs under Pro Doc trademark; and provides online grocery shopping services. In addition, the company offers its private label food products under Irresistibles, Selection, Our Harvest Best, Lucky Koi, Life Smart, Adonis, Phoenicia, and Premiere Moisson brands; and private label drug products comprising beauty and cosmetic products, over-the-counter medications, and personal care products, sold under the Personnelle brand name. It operates a network of food stores under various banners, including Metro, Metro Plus, Adonis, Super C, Marché Richelieu, Marché Ami, Première Moisson, Les 5 Saisons, and Food Basics, as well as drugstores primarily under the PJC Jean Coutu, PJC Santé, PJC Santé Beauté, Brunet, Brunet Plus, Brunet Clinique, Clini Plus, Metro Pharmacy, and Food Basics Pharmacy banners. The company was founded in 1947 and is headquartered in Montréal, Canada.

MRU Stock Price History

MRU Stock News Headlines

Metro Inc. (MRU)
Why billionaires are wiring money to abandoned towns
A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution.
“Fed Proof” Your Bank Account with THESE 4 Simple Steps
Starting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.
Metro Inc.: Metro Reports 2024 Third Quarter Results
See More Headlines
Receive MRU Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Metro and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
8/14/2024
Ex-Dividend for 9/24 Dividend
9/05/2024
Today
9/07/2024
Dividend Payable
9/24/2024
Next Earnings (Estimated)
11/20/2024

Industry, Sector and Symbol

Industry
Grocery Stores
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
97,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$84.25
High Stock Price Target
C$92.00
Low Stock Price Target
C$74.00
Potential Upside/Downside
-0.8%
Consensus Rating
Hold
Rating Score (0-4)
2.14
Research Coverage
7 Analysts

Profitability

Net Income
C$931 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$21.35 billion
Cash Flow
C$0.06 per share
Book Value
C$30.77 per share

Miscellaneous

Free Float
N/A
Market Cap
C$18.90 billion
Optionable
Not Optionable
Beta
0.08
7 Stocks to Buy And Hold Forever Cover

Click the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report

Key Executives

  • Mr. Eric Richer La Fleche (Age 62)
    President, CEO & Non-Independent Director
    Comp: $2.57M
  • Mr. Francois Thibault
    Executive VP, CFO & Treasurer
  • Mr. Marc Giroux
    Executive VP & COO – Food
  • Mr. Carmen Fortino (Age 65)
    Executive Vice President of National Supply Chain & Procurement
    Comp: $1.23M
  • Mr. Jean-Michel Coutu
    President of Jean Coutu Group
  • Mr. Frederic Legault
    VP & Chief Information Officer
  • Mr. Simon Rivet
    VP, General Counsel & Corporate Secretary
  • Ms. Marie-Claude Bacon
    Vice President of Public Affairs & Communications
  • Mr. Alain Tadros
    VP, Chief Marketing & Digital Strategy Officer
  • Ms. Geneviève Bich
    Vice President of Human Resources

Should I Buy Metro Stock? MRU Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Metro Inc.:

  • Metro Inc. has a consistent track record of paying dividends, providing investors with a steady income stream. As of today, the annual dividend yield is 1.60%.
  • Recent analyst reports have shown positive sentiment towards Metro Inc., with price targets being raised by various brokerages, indicating growth potential.
  • Metro Inc. has a relatively low beta of 0.05, suggesting that the stock is less volatile compared to the overall market, which can be attractive to risk-averse investors.
  • The company's stock price has been trending upwards, reaching a 1-year high of C$84.78, indicating positive momentum in the market.
  • Metro Inc. operates in the food and pharmaceutical sectors in Canada, which are essential industries with stable demand, providing a defensive investment option.

Cons

Investors should be bearish about investing in Metro Inc. for these reasons:

  • Despite positive analyst sentiment, Metro Inc.'s stock price has experienced fluctuations, indicating potential volatility in the market.
  • The company's debt-to-equity ratio is relatively high at 64.39, which may raise concerns about financial leverage and risk management.
  • Metro Inc.'s payout ratio of 31.38% suggests that a significant portion of earnings is being distributed as dividends, potentially limiting reinvestment for growth.
  • While the company has shown growth potential, competition in the retail and distribution sectors in Canada is intense, which could impact Metro Inc.'s market share and profitability.
  • Investors should consider market conditions and economic factors that may affect consumer spending patterns, as these can influence Metro Inc.'s revenue and profitability.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, August 19, 2024. Please send any questions or comments about these Metro pros and cons to contact@marketbeat.com.

MRU Stock Analysis - Frequently Asked Questions

How have MRU shares performed this year?

Metro's stock was trading at C$68.59 at the start of the year. Since then, MRU shares have increased by 23.8% and is now trading at C$84.91.
View the best growth stocks for 2024 here
.

How were Metro's earnings last quarter?

Metro Inc. (TSE:MRU) released its earnings results on Wednesday, August, 14th. The company reported $1.35 EPS for the quarter, hitting analysts' consensus estimates of $1.35. The business had revenue of $6.65 billion for the quarter, compared to analysts' expectations of $6.58 billion. Metro had a net margin of 4.36% and a trailing twelve-month return on equity of 13.74%.

How do I buy shares of Metro?

Shares of MRU 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 Metro own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Metro investors own include Enbridge (ENB), Bank of Nova Scotia (BNS), Canadian National Railway (CNR), Royal Bank of Canada (RY), BCE (BCE), Dollarama (DOL) and National Bank of Canada (NA).

This page (TSE:MRU) was last updated on 9/7/2024 by MarketBeat.com Staff

From Our Partners