Maple Leaf Foods Inc. (TSE:MFI) Forecasted to Post FY2025 Earnings of $1.60 Per Share

Maple Leaf Foods Inc. (TSE:MFI) – Research analysts at National Bank Financial decreased their FY2025 earnings estimates for shares of Maple Leaf Foods in a research report issued on Thursday, May 2nd. National Bank Financial analyst V. Shreedhar now anticipates that the company will post earnings of $1.60 per share for the year, down from their previous forecast of $1.75. The consensus estimate for Maple Leaf Foods’ current full-year earnings is $0.99 per share.

Maple Leaf Foods (TSE:MFI) last announced its quarterly earnings data on Thursday, February 22nd. The company reported C$0.08 EPS for the quarter. Maple Leaf Foods had a negative return on equity of 7.86% and a negative net margin of 2.57%. The firm had revenue of C$1.19 billion during the quarter.

A number of other research firms have also recently issued reports on MFI. BMO Capital Markets reduced their price objective on Maple Leaf Foods from C$31.00 to C$29.00 in a research report on Friday, February 23rd. Canaccord Genuity Group lowered their target price on shares of Maple Leaf Foods from C$35.00 to C$30.00 and set a “buy” rating on the stock in a research report on Friday, February 23rd. Royal Bank of Canada cut their target price on Maple Leaf Foods from C$32.00 to C$29.00 and set an “outperform” rating on the stock in a report on Friday, February 23rd. CIBC decreased their price target on Maple Leaf Foods from C$32.00 to C$31.00 and set an “outperform” rating for the company in a research note on Friday, May 3rd. Finally, TD Securities downgraded Maple Leaf Foods from an “action list buy” rating to a “buy” rating and cut their price objective for the company from C$40.00 to C$31.00 in a research note on Friday, February 23rd. Seven research analysts have rated the stock with a buy rating, According to data from MarketBeat, Maple Leaf Foods presently has an average rating of “Buy” and a consensus target price of C$30.07.

Maple Leaf Foods Stock Performance

MFI stock opened at C$23.53 on Monday. Maple Leaf Foods has a 52 week low of C$21.52 and a 52 week high of C$31.63. The company has a debt-to-equity ratio of 140.69, a quick ratio of 0.54 and a current ratio of 1.17. The stock has a market cap of C$2.89 billion, a P/E ratio of -22.84, a P/E/G ratio of 18.07 and a beta of 0.48. The firm has a 50 day simple moving average of C$23.31 and a 200 day simple moving average of C$24.71.

Maple Leaf Foods Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Thursday, June 6th will be given a $0.22 dividend. The ex-dividend date of this dividend is Thursday, June 6th. This represents a $0.88 annualized dividend and a yield of 3.74%. Maple Leaf Foods’s dividend payout ratio (DPR) is currently -85.44%.

About Maple Leaf Foods

Maple Leaf Foods Inc produces food products in the United States, Canada, Japan, China, and internationally. The company operates through Meat Protein Group and Plant Protein Group segments. It produces various food products, including prepared meats, ready-to-cook and ready-to-serve meals, fresh pork and poultry, and plant protein products; bacon, hams, wieners, and meat snacks; a variety of delicatessen products; and processed chicken products, such as fully cooked chicken breasts and wings, processed turkey products, specialty sausages, cooked meats, sliced meats, cooked sausage products, lunch kits, and canned meats.