TD Analysts Give MTY Food Group (TSE:MTY) a C$38.00 Price Target

TD set a C$38.00 price target on MTY Food Group (TSE:MTY) in a report issued on Thursday,BayStreet reports. The firm currently has a hold rating on the stock.

MTY has been the subject of several other reports. Raymond James Financial decreased their target price on MTY Food Group from C$45.00 to C$40.00 and set a “market perform” rating for the company in a research report on Monday, July 13th. Acumen Capital lowered their price target on MTY Food Group from C$50.00 to C$48.00 and set a “buy” rating for the company in a report on Monday, July 13th. Royal Bank Of Canada lowered their target price on MTY Food Group from C$46.00 to C$41.00 and set a “sector perform” rating for the company in a report on Monday, July 13th. Scotia cut their price target on MTY Food Group from C$45.00 to C$40.00 and set a “sector perform” rating on the stock in a research note on Monday, July 13th. Finally, TD Securities upgraded MTY Food Group to a “hold” rating in a report on Monday, July 13th. Two analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of C$42.12.

MTY Food Group Stock Up 3.0%

Shares of TSE MTY opened at C$31.15 on Thursday. MTY Food Group has a 1 year low of C$28.12 and a 1 year high of C$45.90. The firm has a 50-day simple moving average of C$33.49 and a two-hundred day simple moving average of C$36.43. The company has a market cap of C$711.50 million, a P/E ratio of 6.33, a PEG ratio of 0.75 and a beta of 0.98. The company has a debt-to-equity ratio of 123.64, a current ratio of 0.73 and a quick ratio of 0.56.

MTY Food Group (TSE:MTY) last issued its quarterly earnings results on Friday, October 9th. The company reported C$1.26 earnings per share for the quarter. MTY Food Group had a return on equity of 13.22% and a net margin of 9.78%. The firm had revenue of C$277.73 million for the quarter. Research analysts anticipate that MTY Food Group will post 4.49 earnings per share for the current year.

MTY Food Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Friday, August 14th were given a $0.37 dividend. The ex-dividend date of this dividend was Tuesday, August 4th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 4.8%. MTY Food Group’s payout ratio is presently 28.46%.

Key Stories Impacting MTY Food Group

Here are the key news stories impacting MTY Food Group this week:

• Positive Sentiment: MTY raised its quarterly dividend by 35% and announced plans to buy back shares after completing its strategic review. The capital-return measures may support the stock and signal management’s confidence in cash generation. MTY Reports Third Quarter Results for Fiscal 2026
• Positive Sentiment: Third-quarter adjusted EPS exceeded analyst expectations, helping offset the headline decline in earnings. MTY reported quarterly revenue of approximately C$277.7 million and EPS of C$1.26. MTY Group Raises Dividend as Adjusted EPS Beats Estimates
• Positive Sentiment: TD maintained a C$38.00 price target, implying potential upside from recent trading levels and providing additional support for the shares. MTY Food Group Price Target Set by TD
• Neutral Sentiment: MTY ended its strategic review without finding a buyer. The outcome removes near-term takeover speculation but allows the company to continue independently while returning capital to shareholders. MTY Ends Strategic Review Without Finding a Buyer
• Negative Sentiment: Third-quarter net income declined year over year as cautious consumers pressured operating performance, highlighting continued challenges for MTY’s restaurant brands. MTY Food Group Third-Quarter Profit Falls on Cautious Consumers

About MTY Food Group

MTY Group franchises and operates quick-service, fast casual and casual dining restaurants over 80 different banners in Canada, the US and Internationally. Based in Montreal, MTY is a family whose heart beats to the rhythm of its brands, the very soul of its multi-branded strategy. For over 45 years, it has been increasing its presence by delivering new concepts of restaurants, making acquisitions, and forging strategic alliances, which have allowed it to reach new heights year after year. By combining new trends with operational know-how, the brands forming the MTY Group now touch the lives of millions of people every year.