What is Cormark's Estimate for Spin Master FY2025 Earnings?

Key Points

• Cormark has revised down its FY2025 earnings estimate for Spin Master, projecting earnings of $2.51 per share, compared to a prior forecast of $2.74.
• Despite Cormark's downgrade, National Bank upgraded Spin Master's rating from "sector perform" to "outperform" and increased the target price from C$26.00 to C$29.00.
• Spin Master recently announced a quarterly dividend of $0.12 per share, yielding 2.2% annually, though it has a high dividend payout ratio of 113.60%.

Spin Master Corp. (TSE:TOY - Free Report) - Investment analysts at Cormark cut their FY2025 earnings estimates for shares of Spin Master in a research report issued on Friday, August 1st. Cormark analyst D. Mcfadgen now anticipates that the company will post earnings of $2.51 per share for the year, down from their prior forecast of $2.74. The consensus estimate for Spin Master's current full-year earnings is $3.14 per share. Cormark also issued estimates for Spin Master's FY2026 earnings at $3.31 EPS.

A number of other equities analysts have also commented on TOY. National Bankshares upgraded shares of Spin Master from a "sector perform" rating to an "outperform" rating and boosted their price objective for the stock from C$26.00 to C$29.00 in a report on Thursday, May 8th. Cibc World Mkts upgraded shares of Spin Master to a "hold" rating in a research note on Tuesday, June 3rd. Royal Bank Of Canada cut their target price on shares of Spin Master from C$32.00 to C$31.00 and set an "outperform" rating on the stock in a research note on Friday, May 2nd. Jefferies Financial Group cut their target price on shares of Spin Master from C$37.00 to C$32.00 and set a "buy" rating on the stock in a research note on Thursday, April 17th. Finally, Stifel Nicolaus lowered shares of Spin Master from a "buy" rating to a "hold" rating and cut their target price for the company from C$33.00 to C$25.00 in a research note on Friday. Five research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of C$30.63.

Spin Master Stock Performance

Shares of TOY stock opened at C$22.10 on Monday. Spin Master has a 12 month low of C$20.30 and a 12 month high of C$35.44. The company has a debt-to-equity ratio of 39.61, a current ratio of 1.14 and a quick ratio of 2.06. The firm has a market capitalization of C$1.62 billion, a P/E ratio of 52.30, a P/E/G ratio of 0.57 and a beta of 1.86. The company's fifty day moving average price is C$24.17 and its two-hundred day moving average price is C$25.61.

Spin Master Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 11th. Investors of record on Friday, July 11th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Friday, June 27th. Spin Master's dividend payout ratio is currently 113.60%.

Spin Master Company Profile

Spin Master Corp., a children's entertainment company, engages in the creation, design, manufacture, licensing, and marketing of various toys, entertainment products, and digital games in North America, Europe, and internationally. The Toys segment's product categories include activities, games and puzzles, and plush; wheels and action; outdoor; and preschool, dolls, and interactive products.

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