Scotiabank Has Negative Outlook for TSE:MFI FY2026 Earnings

Key Points

• Scotiabank lowered its FY2026 EPS estimate for Maple Leaf Foods to C$1.59 from C$1.70, though it maintained a “Sector Outperform” rating and a C$33 price target. The revised estimate remains above the C$1.43 consensus forecast.
• Analyst sentiment remains broadly positive, with one “Strong Buy” and 11 “Buy” ratings and a consensus price target of C$36.33, despite several firms recently reducing their targets.
• Maple Leaf Foods reported quarterly EPS of C$0.44 on C$1.02 billion in revenue and pays a quarterly dividend of C$0.21, equivalent to an annualized yield of about 3.1%.

Maple Leaf Foods Inc. (TSE:MFI - Free Report) - Scotiabank dropped their FY2026 earnings per share estimates for Maple Leaf Foods in a research report issued to clients and investors on Wednesday, August 19th. Scotiabank analyst J. Zamparo now anticipates that the company will post earnings of $1.59 per share for the year, down from their previous estimate of $1.70. Scotiabank has a "Sector Outperform" rating and a $33.00 price objective on the stock. The consensus estimate for Maple Leaf Foods' current full-year earnings is $1.43 per share.

MFI has been the subject of a number of other research reports. Canaccord Genuity Group decreased their price objective on shares of Maple Leaf Foods from C$39.00 to C$37.00 and set a "buy" rating for the company in a report on Thursday, August 13th. Stifel Nicolaus set a C$36.00 target price on shares of Maple Leaf Foods and gave the company a "buy" rating in a research note on Thursday, July 9th. Ventum Capital increased their target price on shares of Maple Leaf Foods from C$37.00 to C$39.00 and gave the company a "buy" rating in a research report on Friday, May 8th. Desjardins set a C$39.00 price target on shares of Maple Leaf Foods and gave the stock a "buy" rating in a research note on Thursday, June 4th. Finally, Ventum Financial lowered their price target on shares of Maple Leaf Foods from C$39.00 to C$37.00 and set a "buy" rating on the stock in a report on Thursday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating and eleven have given a Buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of C$36.33.

Maple Leaf Foods Price Performance

Shares of TSE:MFI opened at C$26.95 on Monday. The company's 50-day moving average is C$29.20 and its 200 day moving average is C$29.07. The company has a debt-to-equity ratio of 97.47, a quick ratio of 0.54 and a current ratio of 1.56. The company has a market capitalization of C$3.36 billion, a P/E ratio of 6.62, a price-to-earnings-growth ratio of 18.07 and a beta of 0.32. Maple Leaf Foods has a fifty-two week low of C$23.35 and a fifty-two week high of C$36.35.

Maple Leaf Foods (TSE:MFI - Get Free Report) last announced its earnings results on Wednesday, August 12th. The company reported C$0.44 earnings per share (EPS) for the quarter. The firm had revenue of C$1.02 billion during the quarter. Maple Leaf Foods had a return on equity of 36.83% and a net margin of 13.08%.

Maple Leaf Foods Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 30th were paid a dividend of $0.21 per share. The ex-dividend date was Monday, June 8th. This represents a $0.84 annualized dividend and a dividend yield of 3.1%. Maple Leaf Foods's dividend payout ratio is presently 20.88%.

About Maple Leaf Foods

Maple Leaf Foods Inc is a consumer-packaged meats company. It produces prepared meats and meals, fresh pork, and poultry and turkey products. The company also has agribusiness operations. These operations supply livestock to the meat products business operations. Its main markets are Canada, the United States, Japan, and China. The key brands are Maple Leaf and Schneiders, Maple Leaf Prime Naturally, Shopsy, Mitchell's Gourmet Food, Larse, Parm, and Hygrade.

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