TSE:MRE Q4 EPS Reduced by Raymond James Financial

Key Points

• Raymond James Financial has reduced its Q4 2026 EPS estimate for Martinrea International from $0.55 to $0.52, while maintaining an "Outperform" rating with a price target of $12.00.
• Martinrea International has declared a quarterly dividend of $0.05 per share, which will be paid on October 15th, yielding an annualized dividend of $0.20.
• The company's stock has seen a slight decline of 0.3% recently, with shares trading at C$9.50 as of Thursday, with a market cap of C$706.16 million and a P/E ratio of 7.08.

Martinrea International Inc. (TSE:MRE - Free Report) - Research analysts at Raymond James Financial lowered their Q4 2026 EPS estimates for shares of Martinrea International in a report released on Wednesday, August 13th. Raymond James Financial analyst M. Glen now expects that the company will post earnings per share of $0.52 for the quarter, down from their prior forecast of $0.55. Raymond James Financial currently has a "Outperform" rating and a $12.00 price target on the stock. The consensus estimate for Martinrea International's current full-year earnings is $2.50 per share.

MRE has been the subject of several other research reports. TD Securities raised 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 research note on Wednesday. CIBC raised their price objective on shares of Martinrea International from C$10.00 to C$10.50 and gave the company a "neutral" rating in a research note on Wednesday. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, Martinrea International presently has a consensus rating of "Hold" and an average price target of C$11.88.

Martinrea International Stock Down 0.3%

Shares of TSE MRE traded down C$0.03 during mid-day trading on Thursday, reaching C$9.50. The company had a trading volume of 91,115 shares, compared to its average volume of 142,851. The stock has a market cap of C$706.16 million, a P/E ratio of 7.08, a PEG ratio of 0.82 and a beta of 2.08. The firm has a 50 day simple moving average of C$8.53 and a two-hundred day simple moving average of C$8.02. The company has a current ratio of 1.23, a quick ratio of 0.68 and a debt-to-equity ratio of 80.32. Martinrea International has a 52-week low of C$6.12 and a 52-week high of C$11.91.

Insider Activity at Martinrea International

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

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 given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 2.1%. Martinrea International's dividend payout ratio is currently 14.90%.

Martinrea International Company Profile

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.

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