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

Spin Master Corp. (TSE:TOY) – Analysts at Cormark reduced their FY2025 earnings per share estimates for shares of Spin Master in a research report issued to clients and investors on Friday, October 31st. Cormark analyst D. Mcfadgen now expects that the company will earn $2.34 per share for the year, down from their prior estimate of $2.51. 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 $3.04 EPS.

A number of other equities analysts have also recently issued reports on TOY. Jefferies Financial Group cut their price target on Spin Master from C$28.00 to C$26.00 in a report on Friday. Royal Bank Of Canada cut their target price on Spin Master from C$30.00 to C$29.00 and set an “outperform” rating on the stock in a report on Wednesday, October 29th. Stifel Nicolaus cut Spin Master from a “buy” rating to a “hold” rating and cut their target price for the stock from C$33.00 to C$25.00 in a report on Friday, August 1st. CIBC increased their target price on Spin Master from C$23.00 to C$25.00 in a report on Friday. Finally, Canaccord Genuity Group cut their target price on Spin Master from C$24.00 to C$20.00 in a report on Wednesday, October 22nd. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, Spin Master currently has an average rating of “Moderate Buy” and an average price target of C$27.63.

Spin Master Price Performance

Spin Master stock opened at C$20.68 on Monday. The stock has a market capitalization of C$2.08 billion, a price-to-earnings ratio of 24.92, a PEG ratio of 0.57 and a beta of 0.47. Spin Master has a 52-week low of C$18.51 and a 52-week high of C$35.44. The stock’s 50 day moving average price is C$20.85 and its two-hundred day moving average price is C$22.78. The company has a debt-to-equity ratio of 39.61, a quick ratio of 2.06 and a current ratio of 1.14.

Spin Master Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 10th. Shareholders of record on Friday, October 10th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend was Friday, September 26th. Spin Master’s dividend payout ratio is currently 41.44%.

About Spin Master

Spin Master is a children’s entertainment company operating in the roughly $100 billion global toy industry. The company creates, designs, manufactures, and markets a portfolio of products, brands, and entertainment properties across four key categories (outdoor, boys, preschool and girls, and activities games and puzzles and plush).