Desjardins Issues Positive Estimate for BRP Earnings

Key Points

• Desjardins has raised its Q3 2026 earnings estimate for BRP to $1.23 per share, up from $1.20, while the consensus for the full-year is $6.89 per share.
• In addition to Desjardins, other analysts have increased their target prices on BRP shares, with Canaccord Genuity raising it from C$108.00 to C$116.00 and Scotiabank from C$67.00 to C$98.00.
• BRP recently declared a quarterly dividend of $0.215 per share, representing an annualized yield of 1.0%, with the ex-dividend date being September 29th.

BRP Inc. (TSE:DOO - Free Report) - Stock analysts at Desjardins lifted their Q3 2026 earnings estimates for BRP in a report issued on Friday, October 10th. Desjardins analyst B. Poirier now anticipates that the company will earn $1.23 per share for the quarter, up from their prior forecast of $1.20. The consensus estimate for BRP's current full-year earnings is $6.89 per share. Desjardins also issued estimates for BRP's Q4 2026 earnings at $2.07 EPS, FY2026 earnings at $4.69 EPS, FY2027 earnings at $6.20 EPS and FY2028 earnings at $8.09 EPS.

Several other equities analysts also recently commented on the stock. Canaccord Genuity Group boosted their target price on shares of BRP from C$108.00 to C$116.00 and gave the stock a "buy" rating in a report on Friday. Scotiabank boosted their target price on shares of BRP from C$67.00 to C$98.00 and gave the stock a "sector perform" rating in a report on Tuesday, September 2nd. National Bankshares boosted their target price on shares of BRP from C$83.00 to C$101.00 and gave the stock a "sector perform" rating in a report on Tuesday, September 2nd. Cibc World Mkts raised shares of BRP from a "hold" rating to a "strong-buy" rating in a report on Monday, September 1st. Finally, Citigroup raised shares of BRP from a "hold" rating to a "buy" rating and boosted their target price for the stock from C$93.00 to C$102.00 in a report on Wednesday, October 1st. Two analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of C$93.69.

BRP Stock Performance

DOO opened at C$89.39 on Monday. BRP has a 1-year low of C$43.88 and a 1-year high of C$95.15. The company has a 50 day simple moving average of C$84.03 and a two-hundred day simple moving average of C$67.07. The company has a debt-to-equity ratio of 573.79, a current ratio of 1.37 and a quick ratio of 0.20. The firm has a market cap of C$6.54 billion, a P/E ratio of -178.78, a PEG ratio of 2.05 and a beta of 1.12.

BRP Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 14th. Investors of record on Tuesday, October 14th will be paid a dividend of $0.215 per share. The ex-dividend date of this dividend is Monday, September 29th. This represents a $0.86 dividend on an annualized basis and a yield of 1.0%. BRP's dividend payout ratio is presently -170.00%.

About BRP

BRP designs, develops, manufactures, distributes, and markets snowmobiles, all-terrain vehicles, and personal watercraft under the Ski-Doo, Sea-Doo, Can-Am, and Lynx brand names. It also builds engines under the Rotax brand (after discontinuing the Evinrude outboard engine business in 2020) and offers clothing, parts, and accessories that cater to its core consumers.

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