Q2 Earnings Estimate for Mullen Group Issued By Desjardins

Mullen Group Ltd. (TSE:MTL - Free Report) - Research analysts at Desjardins issued their Q2 2025 earnings per share estimates for shares of Mullen Group in a research report issued on Monday, May 12th. Desjardins analyst B. Poirier expects that the company will earn $0.33 per share for the quarter. Desjardins has a "Moderate Buy" rating on the stock. Desjardins also issued estimates for Mullen Group's Q3 2025 earnings at $0.40 EPS, Q4 2025 earnings at $0.25 EPS, FY2025 earnings at $1.18 EPS, FY2026 earnings at $1.42 EPS and FY2027 earnings at $1.57 EPS.

Several other brokerages have also recently weighed in on MTL. TD Securities dropped their price objective on Mullen Group from C$21.00 to C$18.00 and set a "buy" rating for the company in a report on Tuesday, April 15th. Acumen Capital lowered their price target on shares of Mullen Group from C$18.75 to C$18.25 and set a "buy" rating for the company in a research report on Thursday, April 24th. Scotiabank cut their price objective on shares of Mullen Group from C$17.00 to C$16.50 and set an "outperform" rating on the stock in a report on Thursday, April 24th. National Bankshares lowered their target price on shares of Mullen Group from C$19.00 to C$18.00 and set an "outperform" rating for the company in a report on Thursday, April 24th. Finally, Cormark cut their price target on Mullen Group from C$18.50 to C$17.00 in a research note on Thursday, April 24th. Eight investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, Mullen Group has a consensus rating of "Buy" and an average target price of C$17.15.

Mullen Group Trading Up 0.2%

Shares of MTL traded up C$0.03 during trading hours on Thursday, hitting C$14.33. 47,854 shares of the stock traded hands, compared to its average volume of 255,667. The business has a fifty day moving average of C$12.95 and a 200-day moving average of C$14.07. The firm has a market capitalization of C$1.28 billion, a PE ratio of 10.39, a price-to-earnings-growth ratio of 1.81 and a beta of 1.82. Mullen Group has a 1-year low of C$11.81 and a 1-year high of C$16.06. The company has a current ratio of 1.62, a quick ratio of 1.06 and a debt-to-equity ratio of 120.69.

Mullen Group Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Thursday, May 15th. Stockholders of record on Thursday, May 15th were issued a $0.07 dividend. This represents a $0.84 annualized dividend and a dividend yield of 5.86%. The ex-dividend date of this dividend was Wednesday, April 30th. Mullen Group's dividend payout ratio (DPR) is 60.92%.

Insider Activity at Mullen Group

In other Mullen Group news, Senior Officer Joanna Kathryn Scott bought 2,000 shares of the firm's stock in a transaction on Tuesday, February 25th. The stock was purchased at an average cost of C$13.23 per share, with a total value of C$26,460.00. Insiders bought a total of 2,832 shares of company stock worth $37,153 in the last quarter. Corporate insiders own 6.32% of the company's stock.

Mullen Group Company Profile

Mullen Group is one of North America's largest logistics providers with a network of independently operated businesses provide a wide range of service offerings including less-than-truckload, truckload, warehousing, logistics, transload, oversized, third-party logistics & specialized hauling transportation.