What is Cormark's Forecast for Spin Master FY2025 Earnings?

Spin Master Corp. (TSE:TOY - Free Report) - Investment analysts at Cormark dropped their FY2025 earnings estimates for shares of Spin Master in a research note issued to investors on Wednesday, February 26th. Cormark analyst D. Mcfadgen now anticipates that the company will post earnings per share of $3.25 for the year, down from their previous forecast of $3.55. The consensus estimate for Spin Master's current full-year earnings is $3.14 per share. Cormark also issued estimates for Spin Master's FY2026 earnings at $3.55 EPS and FY2026 earnings at $3.55 EPS.

A number of other brokerages have also recently commented on TOY. Stifel Nicolaus lowered their price target on Spin Master from C$45.00 to C$40.00 and set a "buy" rating for the company in a research report on Wednesday, February 26th. Canaccord Genuity Group decreased their target price on Spin Master from C$44.00 to C$35.00 and set a "buy" rating for the company in a report on Wednesday, February 26th. National Bankshares cut their price target on shares of Spin Master from C$35.00 to C$32.00 and set a "sector perform" rating on the stock in a report on Wednesday, February 26th. Royal Bank of Canada decreased their target price on shares of Spin Master from C$43.00 to C$41.00 and set an "outperform" rating for the company in a research report on Wednesday, February 26th. Finally, TD Securities lowered their price target on shares of Spin Master from C$46.00 to C$37.00 and set a "buy" rating on the stock in a report on Wednesday, February 26th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of C$37.75.

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Spin Master Stock Performance

Spin Master stock traded down C$0.81 during mid-day trading on Friday, reaching C$26.45. 165,084 shares of the company traded hands, compared to its average volume of 78,916. The company has a market capitalization of C$1.94 billion, a price-to-earnings ratio of 62.60, a price-to-earnings-growth ratio of 0.57 and a beta of 1.86. The company has a debt-to-equity ratio of 39.61, a current ratio of 1.14 and a quick ratio of 2.06. Spin Master has a fifty-two week low of C$25.76 and a fifty-two week high of C$35.44. The firm's fifty day moving average is C$31.32 and its two-hundred day moving average is C$31.61.

Spin Master Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Friday, January 10th were given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.81%. The ex-dividend date of this dividend was Friday, December 27th. Spin Master's dividend payout ratio (DPR) is presently 113.60%.

About Spin Master

Spin Master Corp., a children's entertainment company, engages in the creation, design, manufacture, licensing, and marketing of various toys, entertainment products, and digital games in North America, Europe, and internationally. The Toys segment's product categories include activities, games and puzzles, and plush; wheels and action; outdoor; and preschool, dolls, and interactive products.