Empire (TSE:EMP.A) Stock Price Breaks Above Two Hundred Day Moving Average – Should You Sell?

Posted by George Bondi on Oct 9th, 2026

Empire Company Limited (TSE:EMP.A – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of C$48.58 and traded as high as C$49.34. Empire shares last traded at C$48.87, with a volume of 513,172 shares.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Scotia lowered their price objective on shares of Empire from C$50.00 to C$48.00 and set a “sector perform” rating on the stock in a research report on Friday, September 11th. BMO Capital Markets raised Empire from a “market perform” rating to an “outperform” rating and set a C$58.00 price objective for the company in a research report on Monday, July 20th. Desjardins dropped their price objective on shares of Empire from C$57.00 to C$53.00 and set a “buy” rating for the company in a research report on Friday, September 11th. Royal Bank Of Canada increased their target price on Empire from C$55.00 to C$58.00 and gave the company a “sector perform” rating in a research note on Friday, June 19th. Finally, Canadian Imperial Bank of Commerce increased their target price on shares of Empire from C$54.00 to C$58.00 and gave the stock an “outperformer” rating in a report on Friday, June 19th. Three analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of C$53.67.

Check Out Our Latest Analysis on Empire

Empire Trading Down 0.9%

The company has a debt-to-equity ratio of 135.51, a quick ratio of 0.29 and a current ratio of 0.79. The stock has a market capitalization of C$10.93 billion, a price-to-earnings ratio of 49.34, a PEG ratio of 16.20 and a beta of -0.21. The company’s 50 day moving average is C$48.25 and its 200 day moving average is C$48.59.

Empire (TSE:EMP.A – Get Free Report) last announced its quarterly earnings results on Thursday, September 10th. The company reported C$1.04 earnings per share for the quarter. Empire had a return on equity of 12.94% and a net margin of 2.18%.The firm had revenue of C$8.47 billion for the quarter. On average, research analysts forecast that Empire Company Limited will post 2.9581227 EPS for the current fiscal year.

Empire Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Friday, October 30th will be given a dividend of $0.2425 per share. The ex-dividend date of this dividend is Thursday, October 15th. This represents a $0.97 dividend on an annualized basis and a yield of 2.0%. Empire’s dividend payout ratio is 91.16%.

Empire Company Profile

(Get Free Report)

Empire Company Limited (TSX: EMP.A) is a Canadian company headquartered in Stellarton, Nova Scotia. Empire’s key businesses are food retailing, through wholly-owned subsidiary Sobeys Inc, and related real estate. With approximately $32 billion in annual sales and $17 billion in assets, Empire and its subsidiaries, franchisees and affiliates employ approximately 130,000 people. Additional financial information relating to Empire, including the Company’s Annual Information Form, can be found on the Company’s website at www.empireco.ca or on SEDAR+ at www.sedarplus.ca.