Analysts Issue Forecasts for MTY Food Group FY2025 Earnings

MTY Food Group Inc. (TSE:MTY - Free Report) - Stock analysts at National Bank Financial boosted their FY2025 earnings per share (EPS) estimates for MTY Food Group in a research report issued to clients and investors on Sunday, July 13th. National Bank Financial analyst V. Shreedhar now forecasts that the company will earn $4.62 per share for the year, up from their prior forecast of $3.34. The consensus estimate for MTY Food Group's current full-year earnings is $4.49 per share. National Bank Financial also issued estimates for MTY Food Group's FY2026 earnings at $4.39 EPS.

A number of other equities research analysts have also recently commented on the company. Acumen Capital cut their target price on MTY Food Group from C$60.00 to C$50.00 and set a "buy" rating on the stock in a research note on Monday. Scotiabank upgraded shares of MTY Food Group to a "hold" rating in a research note on Wednesday, June 18th. Raymond James Financial dropped their target price on shares of MTY Food Group from C$55.00 to C$50.00 in a research note on Monday, April 14th. Finally, Royal Bank Of Canada cut their price target on shares of MTY Food Group from C$51.00 to C$48.00 in a report on Monday.

MTY Food Group Stock Down 0.1%

Shares of MTY Food Group stock traded down C$0.03 during midday trading on Wednesday, hitting C$40.08. The company had a trading volume of 10,407 shares, compared to its average volume of 62,278. The company has a 50 day moving average of C$42.26 and a 200 day moving average of C$43.53. The stock has a market capitalization of C$934.56 million, a P/E ratio of 10.01, a P/E/G ratio of 0.75 and a beta of 1.95. MTY Food Group has a 52-week low of C$36.79 and a 52-week high of C$53.16. The company has a debt-to-equity ratio of 142.67, a quick ratio of 0.57 and a current ratio of 0.61.

MTY Food Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 15th. Investors of record on Friday, August 15th will be given a dividend of $0.33 per share. The ex-dividend date of this dividend is Tuesday, August 5th. This represents a $1.32 dividend on an annualized basis and a yield of 3.29%. MTY Food Group's dividend payout ratio (DPR) is 27.97%.

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.