Analysts Set Expectations for TSE:MRE Q4 Earnings

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) - Stock analysts at Raymond James Financial dropped their Q4 2026 EPS estimates for shares of Martinrea International in a note issued to investors on Wednesday, August 13th. Raymond James Financial analyst M. Glen now anticipates that the company will post earnings per share of $0.52 for the quarter, down from their prior estimate of $0.55. Raymond James Financial currently has a "Outperform" rating and a $12.00 target price on the stock. The consensus estimate for Martinrea International's current full-year earnings is $2.50 per share.

A number of other brokerages also recently weighed in on MRE. TD Securities boosted 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, August 13th. CIBC boosted 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 research note on Wednesday, August 13th. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of C$11.88.

Martinrea International Stock Down 0.7%

Shares of Martinrea International stock traded down C$0.07 during midday trading on Thursday, reaching C$9.52. 67,252 shares of the company's stock traded hands, compared to its average volume of 145,171. Martinrea International has a 52 week low of C$6.12 and a 52 week high of C$11.91. The company has a market cap of C$707.65 million, a price-to-earnings ratio of 7.09, a price-to-earnings-growth ratio of 0.82 and a beta of 2.08. The company has a debt-to-equity ratio of 80.32, a quick ratio of 0.68 and a current ratio of 1.23. The company's 50 day simple moving average is C$8.60 and its 200 day simple moving average is C$8.02.

Insider Transactions at Martinrea International

In other news, Senior Officer Peter Cirulis acquired 4,568 shares of the firm's stock in a transaction that occurred on Friday, May 23rd. The stock was purchased at an average price 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.

Martinrea International Dividend Announcement

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

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.