Cormark Comments on K-Bro Linen’s FY2026 Earnings (TSE:KBL)

K-Bro Linen Inc. (TSE:KBL) – Equities research analysts at Cormark reduced their FY2026 earnings estimates for shares of K-Bro Linen in a report released on Monday, November 17th. Cormark analyst K. Mcphee now forecasts that the company will post earnings of $2.37 per share for the year, down from their previous forecast of $3.10. The consensus estimate for K-Bro Linen’s current full-year earnings is $2.34 per share. Cormark also issued estimates for K-Bro Linen’s FY2027 earnings at $3.18 EPS.

Separately, TD Securities dropped their price target on shares of K-Bro Linen from C$55.00 to C$50.00 in a research report on Friday, November 14th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of C$50.00.

K-Bro Linen Stock Down 1.4%

Shares of TSE:KBL traded down C$0.48 during midday trading on Thursday, reaching C$35.02. The company had a trading volume of 2,608 shares, compared to its average volume of 16,176. The business’s 50 day moving average price is C$36.69 and its 200 day moving average price is C$35.77. K-Bro Linen has a 1-year low of C$32.03 and a 1-year high of C$40.03. The company has a quick ratio of 0.87, a current ratio of 2.08 and a debt-to-equity ratio of 102.23. The stock has a market cap of C$450.36 million, a PE ratio of 20.48, a P/E/G ratio of 3.50 and a beta of 0.48.

K-Bro Linen Announces Dividend

The firm also recently declared a sep 25 dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were given a dividend of $0.10 per share. K-Bro Linen’s dividend payout ratio is 70.18%.

K-Bro Linen Company Profile

K-Bro Linen Inc is a healthcare and hospitality laundry and linen processor in Canada. It operates in major cities across Canada, and has two distribution centers, providing management services and laundry processing of hospitality, healthcare, and specialty linens. The company provides vital products and services that help people heal, travel, live, and play.