Linamar FY2025 EPS Boosted by Raymond James Financial

Key Points

• Raymond James Financial upgraded Linamar's FY2025 EPS estimate from $9.79 to $9.94 and maintains a "Market Perform" rating with an $80.00 target price.
• Linamar announced an increase in its quarterly dividend to $0.29 per share, up from the previous $0.25, representing an annualized payout of $1.16.
• Several brokerages, including TD Securities and BMO Capital Markets, have raised their price targets for Linamar, signaling positive market sentiment.

Linamar Co. (TSE:LNR - Free Report) - Equities researchers at Raymond James Financial raised their FY2025 earnings per share (EPS) estimates for Linamar in a report released on Thursday, August 14th. Raymond James Financial analyst M. Glen now forecasts that the company will post earnings of $9.94 per share for the year, up from their prior forecast of $9.79. Raymond James Financial currently has a "Market Perform" rating and a $80.00 target price on the stock. The consensus estimate for Linamar's current full-year earnings is $11.43 per share. Raymond James Financial also issued estimates for Linamar's Q1 2026 earnings at $2.55 EPS and FY2026 earnings at $10.09 EPS.

Other equities research analysts also recently issued research reports about the company. BMO Capital Markets lifted their target price on Linamar from C$75.00 to C$80.00 in a report on Thursday, August 14th. CIBC raised their price target on shares of Linamar from C$57.00 to C$68.00 in a research report on Thursday, July 17th. TD Securities lifted their price objective on shares of Linamar from C$78.00 to C$85.00 and gave the stock a "buy" rating in a research note on Thursday, August 14th. Finally, Scotiabank boosted their price objective on shares of Linamar from C$71.00 to C$80.00 and gave the company a "sector perform" rating in a report on Thursday, August 14th. One investment analyst has rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, Linamar currently has a consensus rating of "Hold" and a consensus target price of C$78.60.

Linamar Stock Performance

LNR traded down C$0.19 during trading on Friday, hitting C$72.66. The stock had a trading volume of 148,284 shares, compared to its average volume of 135,078. The company has a debt-to-equity ratio of 42.84, a current ratio of 1.79 and a quick ratio of 0.75. The company has a 50 day moving average price of C$66.86 and a 200-day moving average price of C$58.31. Linamar has a one year low of C$43.84 and a one year high of C$73.64. The firm has a market cap of C$4.45 billion, a price-to-earnings ratio of 7.58, a P/E/G ratio of 1.12 and a beta of 1.41.

Linamar Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 9th. Investors of record on Friday, August 22nd will be paid a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 1.6%. This is a boost from Linamar's previous quarterly dividend of $0.25. Linamar's dividend payout ratio (DPR) is 10.44%.

Insider Buying and Selling

In other Linamar news, Senior Officer Csaba Havasi sold 4,000 shares of the business's stock in a transaction that occurred on Wednesday, May 28th. The shares were sold at an average price of C$61.96, for a total transaction of C$247,848.00. 33.49% of the stock is currently owned by corporate insiders.

About Linamar

Linamar Corporation, together with its subsidiaries, produces engineered products in Canada, Europe, the Asia Pacific, and rest of North America. It operates through two segments, Mobility and Industrial. The Mobility segment focuses on light metal casting, forging, machining, and assembly for electrified and powered vehicle markets.