FY2026 EPS Estimates for Champion Iron Limited (TSE:CIA) Lowered by B. Riley

Champion Iron Limited (TSE:CIA - Free Report) - Research analysts at B. Riley lowered their FY2026 earnings per share (EPS) estimates for Champion Iron in a note issued to investors on Tuesday, April 2nd. B. Riley analyst L. Pipes now expects that the company will post earnings per share of $1.06 for the year, down from their prior forecast of $1.07. B. Riley currently has a "Buy" rating and a $10.00 target price on the stock. The consensus estimate for Champion Iron's current full-year earnings is $1.09 per share. B. Riley also issued estimates for Champion Iron's FY2027 earnings at $1.01 EPS.

Champion Iron (TSE:CIA - Get Free Report) last released its quarterly earnings data on Wednesday, January 31st. The company reported C$0.24 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of C$0.19 by C$0.05. The company had revenue of C$506.89 million for the quarter, compared to analyst estimates of C$468.60 million. Champion Iron had a return on equity of 23.32% and a net margin of 17.92%.

Other equities research analysts have also recently issued research reports about the company. Scotiabank cut Champion Iron from an "outperform" rating to a "sector perform" rating and increased their price objective for the stock from C$7.00 to C$7.50 in a report on Monday, January 15th. Raymond James reduced their target price on Champion Iron from C$8.50 to C$8.00 in a report on Monday.

Champion Iron Price Performance

Shares of CIA traded down C$0.17 during midday trading on Thursday, reaching C$6.23. The stock had a trading volume of 318,870 shares, compared to its average volume of 304,775. The company's 50-day moving average is C$6.79 and its 200 day moving average is C$6.59. Champion Iron has a 12-month low of C$4.57 and a 12-month high of C$7.77. The company has a current ratio of 2.85, a quick ratio of 2.01 and a debt-to-equity ratio of 44.59. The company has a market capitalization of C$3.23 billion, a price-to-earnings ratio of 10.93, a price-to-earnings-growth ratio of -1.35 and a beta of 1.23.

Champion Iron Company Profile

Champion Iron Limited engages in the acquisition, exploration, development, and production of iron ore deposits in Canada. Its flagship projects include the Bloom Lake Mine located in south end of the Labrador; the Consolidated Fire Lake North project that includes the Fire Lake North, Don Lake, Bellechasse, and Oil Can deposits situated in Quebec; and the Kamistiatusset project located in the Labrador.