FY2025 EPS Estimates for Rogers Sugar Increased by Analyst

Key Points

• Rogers Sugar's FY2025 EPS estimates have been raised by National Bank Financial from $0.51 to $0.54, still slightly below the consensus estimate of $0.56 per share.
• Desjardins has increased their price target on Rogers Sugar from C$7.25 to C$7.50, maintaining a "buy" rating for the company's shares.
• Rogers Sugar declared a quarterly dividend of $0.09 per share, translating to an annual yield of 5.8%.

Rogers Sugar Inc. (TSE:RSI - Free Report) - Equities researchers at National Bank Financial boosted their FY2025 earnings estimates for shares of Rogers Sugar in a research report issued on Tuesday, August 12th. National Bank Financial analyst Z. Evershed now forecasts that the company will earn $0.54 per share for the year, up from their prior estimate of $0.51. The consensus estimate for Rogers Sugar's current full-year earnings is $0.56 per share.

Separately, Desjardins upped their price target on shares of Rogers Sugar from C$7.25 to C$7.50 and gave the stock a "buy" rating in a report on Wednesday, August 13th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of C$6.67.

Rogers Sugar Price Performance

Shares of Rogers Sugar stock traded down C$0.07 on Friday, reaching C$6.33. 351,741 shares of the stock were exchanged, compared to its average volume of 224,887. The firm's 50 day moving average is C$5.73 and its 200-day moving average is C$5.60. Rogers Sugar has a one year low of C$5.22 and a one year high of C$6.47. The company has a debt-to-equity ratio of 104.41, a quick ratio of 0.56 and a current ratio of 1.39. The firm has a market cap of C$807.69 million, a PE ratio of 14.49 and a beta of 0.60.

Rogers Sugar Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 26th. Investors of record on Wednesday, October 15th will be given a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 5.7%. Rogers Sugar's dividend payout ratio is 82.41%.

Rogers Sugar Company Profile

Rogers Sugar Inc engages in refining, packaging, marketing, and distribution of sugar and maple products in Canada, the United States, Europe, and internationally. The company operates in two segments, Sugar and Maple Products. It offers granulated, plantation raw, yellow, brown, organic, icing, maple, stevia, liquid, smart sweetener blend, and coconut sugar; and syrups, jam and jelly mixes, and iced tea mixes.