FY2026 Earnings Estimate for TSE:NEO Issued By Stifel Canada

Key Points

• Stifel Canada has raised its FY2026 EPS estimate for Neo Performance Materials to $1.01, slightly above the previous estimate of $1.00, while the consensus estimate stands at $0.68.
• The company announced a quarterly dividend of $0.10, representing an annualized dividend yield of 2.0%, despite a high dividend payout ratio of -114.66%.
• Equities research analysts currently have a Buy rating on Neo Performance Materials with an average target price of C$22.00, indicating positive sentiment towards the stock's future performance.

Neo Performance Materials Inc. (TSE:NEO - Free Report) - Equities researchers at Stifel Canada upped their FY2026 EPS estimates for Neo Performance Materials in a research note issued to investors on Sunday, September 21st. Stifel Canada analyst I. Gillies now forecasts that the company will earn $1.01 per share for the year, up from their prior estimate of $1.00. The consensus estimate for Neo Performance Materials' current full-year earnings is $0.68 per share. Stifel Canada also issued estimates for Neo Performance Materials' FY2027 earnings at $1.19 EPS.

Other equities research analysts also recently issued reports about the company. Stifel Nicolaus raised their price target on Neo Performance Materials from C$17.50 to C$22.00 and gave the stock a "buy" rating in a research note on Wednesday, August 13th. Cormark upgraded Neo Performance Materials to a "moderate buy" rating in a report on Wednesday, September 10th. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of "Buy" and an average target price of C$22.00.

Neo Performance Materials Price Performance

NEO opened at C$19.84 on Wednesday. The stock has a market cap of C$825.32 million, a price-to-earnings ratio of -79.36 and a beta of 1.16. Neo Performance Materials has a 1 year low of C$7.18 and a 1 year high of C$20.07. The company has a current ratio of 2.59, a quick ratio of 1.92 and a debt-to-equity ratio of 10.65. The stock has a fifty day moving average price of C$16.97 and a 200 day moving average price of C$12.94.

Neo Performance Materials Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 26th. Investors of record on Friday, September 26th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Tuesday, September 16th. Neo Performance Materials's dividend payout ratio (DPR) is presently -114.66%.

Neo Performance Materials Company Profile

Neo Performance Materials Inc is engaged in the innovation, development, processing, and manufacturing of rare earth and rare metal-based functional materials. Its operating segments include Magnequench, Chemicals & Oxides, Rare Metals, and Corporate. The Magnequench segment produces magnetic powders used in bonded and hot-deformed, fully dense neodymium-iron-boron magnets.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.