Brokers Offer Predictions for Mullen Group FY2026 Earnings

Key Points

• Scotiabank nudged its FY2026 EPS estimate for Mullen Group to $1.16 (from $1.15) and maintains a "Sector Perform" rating with a C$19.00 price target.
• Analyst sentiment is mildly positive with five Buy and three Hold ratings, giving Mullen Group a consensus rating of "Moderate Buy" and an average price target of C$18.00.
• The stock trades around C$18.34 with a market cap of C$1.76B and a P/E of 18.34; it pays a monthly dividend of C$0.07 (≈4.6% yield) but has a high payout ratio (84%) and elevated leverage (debt-to-equity ~111.5).

Mullen Group Ltd. (TSE:MTL - Free Report) - Research analysts at Scotiabank upped their FY2026 EPS estimates for shares of Mullen Group in a research note issued to investors on Friday, April 10th. Scotiabank analyst K. Gupta now anticipates that the company will earn $1.16 per share for the year, up from their previous estimate of $1.15. Scotiabank has a "Sector Perform" rating and a $19.00 price objective on the stock.

Mullen Group (TSE:MTL - Get Free Report) last announced its quarterly earnings results on Thursday, February 12th. The company reported C$0.15 earnings per share (EPS) for the quarter. Mullen Group had a net margin of 4.27% and a return on equity of 8.68%. The firm had revenue of C$533.88 million during the quarter.

Other equities research analysts have also recently issued reports about the stock. National Bank Financial increased their target price on shares of Mullen Group from C$16.50 to C$19.00 and gave the company an "outperform" rating in a research report on Tuesday, January 20th. Canadian Imperial Bank of Commerce increased their target price on shares of Mullen Group from C$15.00 to C$17.00 in a research report on Thursday, January 8th. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat.com, Mullen Group currently has a consensus rating of "Moderate Buy" and an average price target of C$18.00.

Mullen Group Trading Up 1.3%

Shares of TSE MTL opened at C$18.34 on Monday. The company has a debt-to-equity ratio of 111.51, a quick ratio of 1.06 and a current ratio of 2.17. The firm has a 50 day moving average price of C$17.02 and a two-hundred day moving average price of C$15.77. The stock has a market cap of C$1.76 billion, a P/E ratio of 18.34, a price-to-earnings-growth ratio of 1.81 and a beta of 0.76. Mullen Group has a 52-week low of C$11.89 and a 52-week high of C$18.35.

Mullen Group Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 16th were paid a $0.07 dividend. The ex-dividend date of this dividend was Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 4.6%. Mullen Group's dividend payout ratio (DPR) is presently 84.00%.

About Mullen Group

Mullen Group is a public company with a long history of acquiring companies in the transportation and logistics industries. Today, we have one of the largest portfolios of logistics companies in North America, providing a wide range of transportation, warehousing and distribution services through a network of independently operated businesses. Service offerings include less-than-truckload, customs brokerage, truckload, warehousing, logistics, transload, oversized, third-party logistics and specialized hauling transportation.

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