Canadian Tire (CDNAF) 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: $108.80 to $111.40
• 50-Day Range: $106.31 to $119.58
• 52-Week Range: $91.50 to $120.47
• Volume: 14,100 shs
• Average Volume: 12,642 shs
• Market Capitalization: N/A
• P/E Ratio: 14.54
• Dividend Yield: 1.59%
• Price Target: N/A
• Consensus Rating: N/A

Canadian Tire Stock Analysis - MarketRank™

Canadian Tire scored higher than 24% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Canadian Tire.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Canadian Tire is 14.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.05.

Price to Earnings Ratio vs. Sector

The P/E ratio of Canadian Tire is 14.54, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 347.77.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Canadian Tire has a short interest ratio ("days to cover") of 305.2, which indicates bearish sentiment.

Change versus previous month

Short interest in Canadian Tire has recently decreased by 13.88%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Canadian Tire pays a meaningful dividend of 1.89%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Canadian Tire does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Canadian Tire is 23.05%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Canadian Tire has a short interest ratio ("days to cover") of 305.2, which indicates bearish sentiment.

Change versus previous month

Short interest in Canadian Tire has recently decreased by 13.88%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: N/A

News Sentiment

Canadian Tire has a news sentiment score of 0.63. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.47 average news sentiment score of Consumer Cyclical companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Canadian Tire this week, compared to 0 articles on an average week.

MarketBeat Follows

1 people have added Canadian Tire to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Canadian Tire insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 26.66% of the stock of Canadian Tire is held by institutions.

CDNAF Stock Analysis - Frequently Asked Questions

How have CDNAF shares performed this year?

Canadian Tire's stock was trading at $106.20 at the beginning of the year. Since then, CDNAF stock has increased by 2.4% and is now trading at $108.80.
View the best growth stocks for 2024 here.

How do I buy shares of Canadian Tire?

Shares of CDNAF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Consumer Cyclical
• Industry: Specialty Retail
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:CDNAF
• CUSIP: N/A
• CIK: N/A
• Web: www.corp.canadiantire.ca
• Phone: (416) 480-3000
• Fax: N/A
• Employees: 14,322
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: 14.54
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A