Desjardins Issues Optimistic Outlook for Metro Earnings

Metro Inc. (TSE:MRU - Free Report) - Research analysts at Desjardins increased their Q3 2025 EPS estimates for shares of Metro in a research note issued on Wednesday, April 16th. Desjardins analyst C. Li now anticipates that the company will earn $1.55 per share for the quarter, up from their previous estimate of $1.54. Desjardins currently has a "Hold" rating and a $105.00 target price on the stock. The consensus estimate for Metro's current full-year earnings is $4.82 per share. Desjardins also issued estimates for Metro's FY2025 earnings at $4.83 EPS.

Several other equities analysts have also recently commented on the stock. Royal Bank of Canada raised their price target on shares of Metro from C$90.00 to C$98.00 in a research report on Monday, April 14th. Scotiabank lifted their price target on shares of Metro from C$100.00 to C$110.00 and gave the stock an "outperform" rating in a research note on Thursday, April 17th. CIBC raised their price objective on shares of Metro from C$91.00 to C$106.00 in a report on Thursday, April 17th. UBS Group increased their target price on Metro from C$99.00 to C$105.00 in a report on Thursday, April 17th. Finally, TD Securities lifted their price target on Metro from C$99.00 to C$112.00 and gave the stock a "buy" rating in a report on Monday. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of C$104.22.

Metro Trading Down 1.5 %

Metro stock traded down C$1.52 during midday trading on Friday, reaching C$103.14. 149,323 shares of the stock traded hands, compared to its average volume of 528,106. The firm has a market cap of C$22.81 billion, a PE ratio of 23.81, a price-to-earnings-growth ratio of 4.06 and a beta of 0.08. Metro has a 12-month low of C$69.19 and a 12-month high of C$105.54. The company has a current ratio of 1.35, a quick ratio of 0.41 and a debt-to-equity ratio of 62.29. The company has a 50-day simple moving average of C$96.66 and a two-hundred day simple moving average of C$91.59.

Metro Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 11th. Shareholders of record on Tuesday, March 11th were issued a $0.37 dividend. The ex-dividend date of this dividend was Thursday, February 13th. This represents a $1.48 dividend on an annualized basis and a yield of 1.43%. This is an increase from Metro's previous quarterly dividend of $0.34. Metro's dividend payout ratio (DPR) is 30.93%.

About Metro

Metro Inc, through its subsidiaries, operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada. The company operates supermarkets, discount, neighborhood, and specialty stores that provide fresh and grocery products, baked goods, prepared food products, meats, dairy products, fruits and vegetables, frozen food products, bakery products, delicatessen items, and pastries.