National Bank Financial Weighs in on MTY Food Group Inc.’s FY2025 Earnings (TSE:MTY)

MTY Food Group Inc. (TSE:MTY) – Equities research analysts at National Bank Financial upped their FY2025 earnings estimates for shares of MTY Food Group in a research report issued to clients and investors on Sunday, April 14th. National Bank Financial analyst V. Shreedhar now anticipates that the company will post earnings of $3.70 per share for the year, up from their prior forecast of $3.55. The consensus estimate for MTY Food Group’s current full-year earnings is $4.04 per share.

MTY Food Group (TSE:MTY) last announced its earnings results on Friday, April 12th. The company reported C$0.71 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.83 by C($0.12). The company had revenue of C$278.64 million for the quarter, compared to analysts’ expectations of C$263.20 million. MTY Food Group had a net margin of 8.86% and a return on equity of 13.23%.

Other research analysts also recently issued research reports about the stock. TD Securities dropped their target price on shares of MTY Food Group from C$59.00 to C$49.00 and set a “hold” rating for the company in a report on Monday. CIBC dropped their target price on shares of MTY Food Group from C$62.00 to C$53.00 and set an “outperform” rating for the company in a report on Monday. Acumen Capital dropped their target price on shares of MTY Food Group from C$75.00 to C$65.00 and set a “buy” rating for the company in a report on Monday. Scotiabank dropped their price objective on shares of MTY Food Group from C$55.00 to C$50.00 and set a “sector perform” rating for the company in a report on Monday. Finally, National Bankshares dropped their price objective on shares of MTY Food Group from C$59.00 to C$57.00 and set an “outperform” rating for the company in a report on Monday. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, MTY Food Group has an average rating of “Hold” and a consensus price target of C$54.29.

MTY Food Group Price Performance

MTY Food Group stock traded down C$0.19 during mid-day trading on Wednesday, hitting C$46.79. The stock had a trading volume of 35,868 shares, compared to its average volume of 51,329. The firm has a market capitalization of C$1.13 billion, a P/E ratio of 11.01, a P/E/G ratio of 0.75 and a beta of 1.98. The company has a current ratio of 0.61, a quick ratio of 0.57 and a debt-to-equity ratio of 154.98. The firm’s 50 day moving average is C$51.47 and its 200 day moving average is C$53.09. MTY Food Group has a one year low of C$44.48 and a one year high of C$68.60.

MTY Food Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 15th. Investors of record on Friday, May 3rd will be given a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a yield of 2.39%. The ex-dividend date of this dividend is Thursday, May 2nd. MTY Food Group’s dividend payout ratio (DPR) is currently 24.24%.

About MTY Food Group

MTY Food Group Inc operates and franchises quick-service, fast-casual, and casual dining restaurants in Canada, the United States, and internationally. It also sells retail products under a multitude of banners. The company was formerly known as iNsu Innovations Group Inc and changed its name to MTY Food Group Inc in July 2003.