Cormark Has Bearish Forecast for Spin Master FY2026 Earnings

Spin Master Corp. (TSE:TOY - Free Report) - Cormark reduced their FY2026 earnings per share (EPS) estimates for Spin Master in a report released on Friday, May 2nd. Cormark analyst D. Mcfadgen now anticipates that the company will post earnings of $3.43 per share for the year, down from their previous forecast of $3.48. The consensus estimate for Spin Master's current full-year earnings is $3.14 per share.

Other equities analysts also recently issued research reports about the stock. Jefferies Financial Group reduced their price objective on shares of Spin Master from C$37.00 to C$32.00 and set a "buy" rating for the company in a research note on Thursday, April 17th. Canaccord Genuity Group cut Spin Master from a "buy" rating to a "hold" rating and decreased their price objective for the stock from C$35.00 to C$26.00 in a research note on Friday, May 2nd. TD Securities cut their target price on Spin Master from C$35.00 to C$32.00 and set a "buy" rating on the stock in a research note on Friday, May 2nd. Royal Bank of Canada decreased their price target on shares of Spin Master from C$32.00 to C$31.00 and set an "outperform" rating for the company in a research report on Friday, May 2nd. Finally, Stifel Nicolaus lowered their price target on shares of Spin Master from C$40.00 to C$38.00 and set a "buy" rating on the stock in a report on Friday, May 2nd. One equities research analyst has rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Spin Master presently has a consensus rating of "Buy" and a consensus target price of C$33.75.

Spin Master Stock Performance

Spin Master stock remained flat at C$24.28 during midday trading on Monday. 16,378 shares of the company's stock traded hands, compared to its average volume of 114,128. The company has a current ratio of 1.14, a quick ratio of 2.06 and a debt-to-equity ratio of 39.61. The business's 50 day moving average price is C$24.06 and its 200-day moving average price is C$29.10. Spin Master has a one year low of C$20.97 and a one year high of C$35.44. The firm has a market cap of C$1.78 billion, a P/E ratio of 57.46, a PEG ratio of 0.57 and a beta of 1.86.

Insider Buying and Selling

In related news, Senior Officer Jennifer Susan Dodge sold 1,259 shares of the company's stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of C$25.34, for a total value of C$31,898.15. 2.20% of the stock is owned by company insiders.

Spin Master Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 11th. Investors of record on Friday, April 11th were given a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 1.98%. The ex-dividend date of this dividend was Friday, March 28th. Spin Master's 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.