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OTCMKTS:CDNAF

Canadian Tire (CDNAF) Stock Price, News & Analysis

Canadian Tire logo
$111.20 +2.40 (+2.21%)
(As of 12/9/2024 ET)

About Canadian Tire Stock (OTCMKTS:CDNAF)

Key Stats

Today's Range
$105.03
$111.20
50-Day Range
$106.31
$119.58
52-Week Range
$91.50
$120.47
Volume
5,607 shs
Average Volume
12,611 shs
Market Capitalization
N/A
P/E Ratio
14.86
Dividend Yield
1.55%
Price Target
N/A
Consensus Rating
N/A

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.

Canadian Tire Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
21st Percentile Overall Score

CDNAF MarketRank™: 

Canadian Tire scored higher than 21% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for Canadian Tire.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Canadian Tire is 14.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.51.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Canadian Tire is 14.86, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 397.57.

  • 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 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%.

  • Read more about Canadian Tire's dividend.
  • 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 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 0.41 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.
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CDNAF Stock News Headlines

Is Canadian Tire Stock a Buy for its 4.6% Dividend Yield?
Most People Are Dead Wrong.
Turn on any financial news outlet at any given moment and within minutes you're guaranteed to see headlines about artificial intelligence. Everyone's talking about AI right now. But see, I've been talking about it for years.
CIBC Reaffirms Their Hold Rating on Canadian Tire (CDNAF)
See More Headlines

CDNAF Stock Analysis - Frequently Asked Questions

Canadian Tire's stock was trading at $106.20 at the beginning of 2024. Since then, CDNAF stock has increased by 4.7% and is now trading at $111.2045.
View the best growth stocks for 2024 here
.

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

Industry
Specialty Retail
Sub-Industry
N/A
Current Symbol
OTCMKTS:CDNAF
CIK
N/A
Fax
N/A
Employees
14,322
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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This page (OTCMKTS:CDNAF) was last updated on 12/9/2024 by MarketBeat.com Staff
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