TSE:MRE FY2025 EPS Lifted by Raymond James Financial

Key Points

• Raymond James Financial has increased its FY2025 earnings estimate for Martinrea International to $1.71 per share, up from $1.46, maintaining an "Outperform" rating with a target price of $12.00.
• Martinrea International is set to pay a quarterly dividend of $0.05 per share on October 15th, with an annualized yield of 2.1%.
• Analysts have varied ratings on the stock, with TD Securities raising their target price to C$14.00 and CIBC adjusting it to C$10.50, contributing to a consensus rating of "Hold".

Martinrea International Inc. (TSE:MRE - Free Report) - Research analysts at Raymond James Financial boosted their FY2025 EPS estimates for shares of Martinrea International in a research report issued on Wednesday, August 13th. Raymond James Financial analyst M. Glen now expects that the company will earn $1.71 per share for the year, up from their previous forecast of $1.46. Raymond James Financial has a "Outperform" rating and a $12.00 price objective on the stock. The consensus estimate for Martinrea International's current full-year earnings is $2.50 per share. Raymond James Financial also issued estimates for Martinrea International's Q4 2025 earnings at $0.47 EPS, Q1 2026 earnings at $0.39 EPS, Q2 2026 earnings at $0.42 EPS, Q3 2026 earnings at $0.57 EPS and FY2026 earnings at $1.91 EPS.

Several other research analysts have also recently issued reports on the stock. CIBC increased their target price on shares of Martinrea International from C$10.00 to C$10.50 and gave the stock a "neutral" rating in a report on Wednesday, August 13th. TD Securities increased their target price on shares of Martinrea International from C$13.00 to C$14.00 and gave the stock a "buy" rating in a report on Wednesday, August 13th. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of C$11.88.

Martinrea International Stock Down 2.1%

Martinrea International stock traded down C$0.20 during midday trading on Friday, hitting C$9.35. 76,239 shares of the company's stock were exchanged, compared to its average volume of 144,834. The company has a debt-to-equity ratio of 80.32, a quick ratio of 0.68 and a current ratio of 1.23. Martinrea International has a 12 month low of C$6.12 and a 12 month high of C$11.91. The firm has a 50-day moving average of C$8.62 and a two-hundred day moving average of C$8.03. The company has a market cap of C$695.01 million, a PE ratio of 6.97, a P/E/G ratio of 0.82 and a beta of 2.08.

Martinrea International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.1%. Martinrea International's dividend payout ratio is currently 14.90%.

Insider Buying and Selling at Martinrea International

In related news, Senior Officer Peter Cirulis bought 4,568 shares of the stock in a transaction that occurred on Friday, May 23rd. The stock was bought at an average cost of C$7.99 per share, for a total transaction of C$36,485.07. Corporate insiders own 11.31% of the company's stock.

About Martinrea International

Martinrea International Inc is a Canadian producer of steel and aluminium parts and fluid management systems. Its products are used primarily in the automotive sector by the majority of vehicle manufacturers. Martinrea manufactures aluminum engine blocks, specialized products, suspensions, chassis modules and components, and fluid management systems for fuel, power steering and brake fluids.