FY2025 EPS Forecast for MTY Food Group Increased by Analyst

Key Points

• Analysts at Raymond James Financial have raised their FY2025 earnings estimate for MTY Food Group to $4.15 per share, an increase from the previous estimate of $4.06.
• Several other firms, including Scotiabank and Royal Bank of Canada, have lowered their price targets for MTY Food Group, now suggesting a price range between C$37.00 and C$45.00.
• MTY Food Group plans to pay a quarterly dividend of $0.33 per share on November 14th, representing an annual yield of 3.8%.

MTY Food Group Inc. (TSE:MTY - Free Report) - Analysts at Raymond James Financial raised their FY2025 earnings estimates for shares of MTY Food Group in a research report issued to clients and investors on Tuesday, October 14th. Raymond James Financial analyst M. Glen now forecasts that the company will post earnings of $4.15 per share for the year, up from their previous estimate of $4.06. The consensus estimate for MTY Food Group's current full-year earnings is $4.49 per share. Raymond James Financial also issued estimates for MTY Food Group's FY2026 earnings at $4.37 EPS.

Several other analysts have also weighed in on the stock. Scotiabank dropped their price objective on shares of MTY Food Group from C$45.00 to C$42.00 and set a "sector perform" rating for the company in a report on Wednesday, October 8th. Royal Bank Of Canada dropped their price target on MTY Food Group from C$48.00 to C$45.00 and set a "sector perform" rating for the company in a report on Tuesday. TD Securities decreased their target price on MTY Food Group from C$42.00 to C$37.00 and set a "hold" rating on the stock in a report on Tuesday. National Bankshares cut their price target on MTY Food Group from C$51.00 to C$43.00 and set an "outperform" rating for the company in a report on Tuesday. Finally, Acumen Capital reduced their price target on shares of MTY Food Group from C$60.00 to C$50.00 and set a "buy" rating on the stock in a research report on Monday, July 14th. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of C$44.50.

MTY Food Group Trading Down 0.6%

Shares of MTY stock opened at C$34.86 on Friday. The company has a market capitalization of C$796.24 million, a P/E ratio of 23.55, a P/E/G ratio of 0.75 and a beta of 1.18. MTY Food Group has a 12-month low of C$33.78 and a 12-month high of C$53.16. The company has a quick ratio of 0.57, a current ratio of 0.61 and a debt-to-equity ratio of 142.67. The firm has a 50-day moving average price of C$38.17 and a 200 day moving average price of C$40.28.

MTY Food Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, November 14th will be paid a $0.33 dividend. The ex-dividend date of this dividend is Tuesday, November 4th. This represents a $1.32 dividend on an annualized basis and a yield of 3.8%. MTY Food Group's dividend payout ratio (DPR) is presently 85.81%.

About MTY Food Group

MTY Food Group Inc is a franchisor in the quick service and casual dining food industry. Its activities consist of franchising and operating corporate-owned locations as well as the sale of retail products under a multitude of banners. The company's operating segment is based on geographical regions namely Canada and US and International.

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