Desjardins Has Positive Forecast for Saputo Q2 Earnings

Key Points

• Desjardins has raised its Q2 2026 earnings estimate for Saputo to $0.46 per share, up from $0.44, maintaining a "Buy" rating and setting a target price of $36.00.
• Other analysts, including TD Securities and Scotiabank, have also increased their price targets for Saputo, reflecting a strong consensus with most ratings being "Buy" or "Outperform."
• Saputo declared a quarterly dividend of $0.19 per share, with a current annualized yield of 2.4%, despite a high dividend payout ratio of -203.48%.

Saputo Inc. (TSE:SAP - Free Report) - Analysts at Desjardins increased their Q2 2026 earnings per share (EPS) estimates for Saputo in a research note issued on Sunday, August 10th. Desjardins analyst C. Li now forecasts that the company will earn $0.46 per share for the quarter, up from their previous forecast of $0.44. Desjardins currently has a "Buy" rating and a $36.00 target price on the stock. The consensus estimate for Saputo's current full-year earnings is $1.77 per share. Desjardins also issued estimates for Saputo's Q3 2026 earnings at $0.53 EPS, FY2026 earnings at $1.90 EPS and FY2027 earnings at $2.18 EPS.

Several other equities analysts have also weighed in on SAP. TD Securities increased their price objective on Saputo from C$35.00 to C$38.00 and gave the company a "buy" rating in a report on Monday. Scotiabank increased their price objective on Saputo from C$29.00 to C$36.00 and gave the company an "outperform" rating in a report on Monday. BMO Capital Markets increased their price objective on Saputo from C$27.00 to C$34.00 in a report on Monday. National Bankshares increased their price objective on Saputo from C$29.00 to C$35.00 and gave the company an "outperform" rating in a report on Monday. Finally, Royal Bank Of Canada raised their price target on Saputo from C$35.00 to C$37.00 and gave the stock an "outperform" rating in a report on Friday. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of C$34.63.

Saputo Price Performance

Shares of TSE SAP opened at C$32.07 on Tuesday. The stock has a fifty day simple moving average of C$27.87 and a two-hundred day simple moving average of C$26.23. Saputo has a 1-year low of C$22.59 and a 1-year high of C$32.91. The firm has a market cap of C$13.52 billion, a price-to-earnings ratio of -85.86, a price-to-earnings-growth ratio of 0.56 and a beta of 0.32. The company has a current ratio of 1.53, a quick ratio of 0.67 and a debt-to-equity ratio of 51.68.

Saputo Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 26th. Investors of record on Thursday, June 26th were paid a dividend of $0.19 per share. The ex-dividend date of this dividend was Tuesday, June 17th. This represents a $0.76 annualized dividend and a yield of 2.4%. Saputo's dividend payout ratio (DPR) is currently -203.48%.

About Saputo

Saputo is a global dairy processor domiciled in Canada (28% of fiscal 2022 sales) with operations in the United States (43%), the U.K. (6%), and other international markets (23%). It sells cheese, cream, fluid milk, and other dairy products. In the retail segment (50% of revenue), its mix of brands include Saputo, Armstrong, Cheer, Cathedral City, and Frylight.

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