FY2025 EPS Estimates for Rogers Sugar Boosted by Desjardins

Key Points

• Desjardins has raised its FY2025 EPS estimate for Rogers Sugar to $0.56 per share, up from $0.53, while maintaining a "Buy" rating and a price target of $7.50.
• The company declared a quarterly dividend of $0.09 per share, resulting in an annualized dividend of $0.36 and a yield of 5.8%.
• Rogers Sugar's stock opened at C$6.19, with a current market cap of C$789.83 million and a debt-to-equity ratio of 104.41.

Rogers Sugar Inc. (TSE:RSI - Free Report) - Research analysts at Desjardins upped their FY2025 EPS estimates for shares of Rogers Sugar in a research note issued to investors on Tuesday, August 12th. Desjardins analyst F. Tremblay now anticipates that the company will earn $0.56 per share for the year, up from their previous estimate of $0.53. Desjardins has a "Buy" rating and a $7.50 price objective on the stock. The consensus estimate for Rogers Sugar's current full-year earnings is $0.56 per share. Desjardins also issued estimates for Rogers Sugar's FY2026 earnings at $0.54 EPS.

Rogers Sugar Trading Down 1.1%

TSE RSI traded down C$0.07 on Friday, hitting C$6.33. The company's stock had a trading volume of 351,741 shares, compared to its average volume of 224,887. The company has a quick ratio of 0.56, a current ratio of 1.39 and a debt-to-equity ratio of 104.41. Rogers Sugar has a 1-year low of C$5.22 and a 1-year high of C$6.47. The company's 50-day moving average is C$5.73 and its 200 day moving average is C$5.60. The firm has a market cap of C$807.69 million, a PE ratio of 14.49 and a beta of 0.60.

Rogers Sugar Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 26th. Shareholders of record on Wednesday, October 15th will be issued a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 5.7%. Rogers Sugar's payout ratio is 82.41%.

Rogers Sugar Company Profile

Rogers Sugar Inc engages in refining, packaging, marketing, and distribution of sugar and maple products in Canada, the United States, Europe, and internationally. The company operates in two segments, Sugar and Maple Products. It offers granulated, plantation raw, yellow, brown, organic, icing, maple, stevia, liquid, smart sweetener blend, and coconut sugar; and syrups, jam and jelly mixes, and iced tea mixes.