National Bank Financial Raises Earnings Estimates for Saputo

Saputo Inc. (TSE:SAP - Free Report) - Stock analysts at National Bank Financial upped their FY2026 earnings estimates for Saputo in a report issued on Sunday, June 8th. National Bank Financial analyst V. Shreedhar now anticipates that the company will post earnings per share of $1.85 for the year, up from their prior forecast of $1.83. The consensus estimate for Saputo's current full-year earnings is $1.77 per share. National Bank Financial also issued estimates for Saputo's FY2027 earnings at $2.09 EPS.

A number of other research analysts have also recently weighed in on SAP. TD Securities dropped their target price on shares of Saputo from C$37.00 to C$35.00 and set a "buy" rating on the stock in a research note on Friday, March 28th. National Bankshares boosted their target price on shares of Saputo from C$28.00 to C$29.00 and gave the company an "outperform" rating in a research note on Monday, June 9th. Finally, Scotiabank dropped their target price on shares of Saputo from C$30.00 to C$29.00 and set an "outperform" rating on the stock in a research note on Monday, June 9th. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of C$30.88.

Saputo Stock Down 3.5%

Saputo stock traded down C$0.95 during midday trading on Wednesday, hitting C$26.52. 924,791 shares of the stock were exchanged, compared to its average volume of 712,347. Saputo has a 52-week low of C$22.59 and a 52-week high of C$32.15. The stock has a market capitalization of C$11.18 billion, a price-to-earnings ratio of -71.00, a price-to-earnings-growth ratio of 0.56 and a beta of 0.32. The business's 50-day moving average price is C$26.15 and its 200-day moving average price is C$25.35. The company has a quick ratio of 0.67, a current ratio of 1.53 and a debt-to-equity ratio of 51.68.

Saputo Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 26th. Stockholders of record on Thursday, June 26th will be given a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 2.87%. The ex-dividend date is Tuesday, June 17th. Saputo's dividend payout ratio (DPR) is currently -203.48%.

About Saputo

Saputo Inc produces, markets, and distributes dairy products in Canada, the United States, Argentina, Australia, and the United Kingdom. The company offers cheeses, including mozzarella and cheddar; specialty cheeses, such as ricotta, provolone, blue, parmesan, goat cheese, feta, romano, and havarti; fine cheeses comprising brie and camembert; and other cheeses that include brick, colby, farmer, munster, monterey jack, fresh curd, and processed cheeses.