Canadian Tire (CTC) 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: C$224.00 to C$224.00
• 50-Day Range: C$192.10 to C$245.80
• 52-Week Range: C$192.10 to C$275.36
• Volume: N/A
• Average Volume: 582 shs
• Market Capitalization: C$8.57 billion
• P/E Ratio: 12.86
• Dividend Yield: 3.13%
• Price Target: C$140.00
• Consensus Rating: Hold

Canadian Tire Stock Analysis - MarketRank™

Canadian Tire scored higher than 44% 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: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

Canadian Tire has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on no buy ratings, 1 hold rating, and 1 sell rating.

Amount of Analyst Coverage

Canadian Tire has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Canadian Tire is 12.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 24.36.

Price to Earnings Ratio vs. Sector

The P/E ratio of Canadian Tire is 12.86, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 22.15.

Price to Earnings Growth Ratio

Canadian Tire has a PEG Ratio of 0.49. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Canadian Tire has a P/B Ratio of 1.88. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for CTC.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Canadian Tire is a leading dividend payer. It pays a dividend yield of 4.60%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

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

Dividend Coverage

The dividend payout ratio of Canadian Tire is 40.18%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

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

Short Interest

There is no current short interest data available for CTC.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.14

News Sentiment

Canadian Tire has a news sentiment score of 0.14. 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 news sentiment score is similar to the average news sentiment of Consumer Cyclical companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Canadian Tire this week, compared to 2 articles on an average week.

MarketBeat Follows

6 people have added Canadian Tire to their MarketBeat watchlist in the last 30 days. This is an increase of 500% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 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 Insiders

81.94% of the stock of Canadian Tire is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 12.25% of the stock of Canadian Tire is held by institutions.

CTC Stock Analysis - Frequently Asked Questions

How have CTC shares performed this year?

Canadian Tire's stock was trading at C$197.55 at the start of the year. Since then, CTC shares have increased by 13.4% and is now trading at C$224.00.
View the best growth stocks for 2025 here.

How were Canadian Tire's earnings last quarter?

Canadian Tire Co., Limited (TSE:CTC) posted its earnings results on Thursday, November, 7th. The company reported $3.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.02 by $0.57. Canadian Tire had a trailing twelve-month return on equity of 11.54% and a net margin of 3.98%.

How do I buy shares of Canadian Tire?

Shares of CTC 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.

What other stocks do shareholders of Canadian Tire own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Canadian Tire investors own include Canadian Tire (CTC.A), Toronto-Dominion Bank (TD), Royal Bank of Canada (RY), NVIDIA (NVDA), Air Canada (AC), Bank of Montreal (BMO) and Meta Platforms (META).

Company Calendar

• Ex-Dividend for 12/1 Dividend: 10/31/2024
• Last Earnings: 11/07/2024
• Dividend Payable: 12/01/2024
• Ex-Dividend for 3/1 Dividend: 1/31/2025
• Today: 2/15/2025
• Dividend Payable: 3/01/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Consumer Cyclical
• Industry: Specialty Retail
• Sub-Industry: N/A
• Current Symbol: TSE:CTC
• CUSIP: N/A
• CIK: N/A
• Web: www.canadiantire.ca
• Phone: +1-416-4808725
• Fax: N/A
• Employees: 14,322
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$140.00
• High Stock Price Target: C$140.00
• Low Stock Price Target: C$140.00
• Potential Upside/Downside: -37.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$17.42
• Trailing P/E Ratio: 12.86
• Forward P/E Ratio: 16.35
• P/E Growth: 0.49
• Net Income: C$446.23 million
• Net Margins: 3.98%
• Pretax Margin: N/A
• Return on Equity: 11.54%
• Return on Assets: 3.90%

Debt

• Debt-to-Equity Ratio: 150.68
• Current Ratio: 1.60
• Quick Ratio: 1.15

Sales & Book Value

• Annual Sales: C$11.21 billion
• Price / Sales: 0.76
• Cash Flow: C$6.94 per share
• Price / Cash Flow: 32.26
• Book Value: C$119.33 per share
• Price / Book: 1.88

Miscellaneous

• Outstanding Shares: 38,262,396
• Free Float: N/A
• Market Cap: C$8.57 billion
• Optionable: Not Optionable
• Beta: 1.33