OTCMKTS:CDNAF Canadian Tire - CDNAF Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Canadian Tire Co., Limited Please log in to your account or sign up in order to add this asset to your watchlist. $121.79 -1.09 (-0.89%) (As of 02/6/2023 12:00 AM ET) Add Compare Share Share Today's Range$121.79▼$122.5450-Day Range$103.49▼$123.6152-Week Range$101.00▼$155.36Volume201 shsAverage Volume2,379 shsMarket CapitalizationN/AP/E Ratio16.27Dividend Yield1.89%Price Target$192.00 ProfileAnalyst RatingsChartCompetitorsHeadlinesShort Interest Canadian Tire MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside57.7% Upside$192.00 Price TargetShort InterestBearishDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.46Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.90 out of 5 stars 3.5 Analyst's Opinion Consensus RatingCanadian Tire has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $192.00, Canadian Tire has a forecasted upside of 57.7% from its current price of $121.79.Amount of Analyst CoverageCanadian Tire has only been the subject of 1 research reports in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares ShortedShort Interest Ratio / Days to CoverCanadian Tire has a short interest ratio ("days to cover") of 762, which indicates bearish sentiment.Change versus previous monthShort interest in Canadian Tire has recently increased by 18.04%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldCanadian Tire pays a meaningful dividend of 1.89%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCanadian Tire does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Canadian Tire is 23.05%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CDNAF. Previous Next 2.5 News and Social Media Coverage News SentimentCanadian Tire has a news sentiment score of 0.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.28 average news sentiment score of Consumer Cyclical companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Canadian Tire this week, compared to 0 articles on an average week. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Canadian Tire insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 26.66% of the stock of Canadian Tire is held by institutions. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Canadian Tire is 16.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 149.50.Price to Earnings Ratio vs. SectorThe P/E ratio of Canadian Tire is 16.27, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 434.69. Previous Next See Top Rated MarketRank™ Stocks Here About Canadian Tire (OTCMKTS:CDNAF) StockCanadian Tire Corp. Ltd. operates as a general merchandise retailer for gasoline, automotive, sports and home products. The firm operates through three segments: Retail, CT REIT and Financial Services. The Retail segment comprises of the living, playing, fixing, automotive, seasonal & gardening, apparel and sporting goods categories. The Financial segment services markets a range of canadian tire branded credit cards, including the canadian tire options mastercard, the cash advantage mastercard, the gas advantage mastercard and the sport chek mastercard. The CT REIT segment involves owning, developing and leasing income-producing commercial properties. The company was founded by Alfred Jackson Billes and James William Billes in September 15, 1922 and is headquartered in Toronto, Canada.Read More Receive CDNAF Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Canadian Tire and its competitors with MarketBeat's FREE daily newsletter. Email Address CDNAF Stock News HeadlinesFebruary 3, 2023 | americanbankingnews.comCanadian Tire (OTCMKTS:CDNAF) Raised to "Outperform" at BMO Capital MarketsFebruary 2, 2023 | americanbankingnews.comCanadian Tire (OTCMKTS:CDNAF) Price Target Cut to C$164.00February 7, 2023 | Wall Street Watch Dogs (Ad)A gold storm is coming…“We are in the early stages of a mania – the calm before the storm.”...January 30, 2023 | americanbankingnews.comCanadian Tire Co., Limited (OTCMKTS:CDNAF) Short Interest UpdateDecember 22, 2022 | finance.yahoo.comCanadian Tire Corporation's (TSE:CTC.A) Shareholders Will Receive A Bigger Dividend Than Last YearNovember 22, 2022 | finance.yahoo.comSportChek and Guess Where Trips Partner Up for the SportChek Winter TrekNovember 10, 2022 | marketwatch.comCanadian Tire 3Q Profit Falls More Than ExpectedNovember 10, 2022 | msn.comCanadian Tire quarterly profit dips on higher costsFebruary 7, 2023 | Wall Street Watch Dogs (Ad)A gold storm is coming…“We are in the early stages of a mania – the calm before the storm.”...November 10, 2022 | money.usnews.comCanadian Tire Reports Fall in Quarterly ProfitNovember 5, 2022 | markets.businessinsider.comAnalysts Are Bullish on These Consumer Goods Stocks: Canadian Tire (CDNAF), Ferrari (RACE)September 22, 2022 | msn.comQuebec francophone musicians say anglophones received bigger cut of radio royaltiesSeptember 21, 2022 | msn.comCanadian Rangers celebrate 75th anniversary with canoe voyage to OttawaSeptember 13, 2022 | msn.comFirst Canadian edition of Michelin Guide, to be revealed in Toronto todaySeptember 13, 2022 | msn.comFirst Canadian edition of Michelin Guide, to be revealed in Toronto todayAugust 13, 2022 | seekingalpha.comCanadian Tire Corporation, Limited 2022 Q2 - Results - Earnings Call PresentationAugust 12, 2022 | msn.comCost of Russia exit weighs on Canadian Tire earnings, despite rising salesJuly 15, 2022 | marketwatch.comCanadian Tire Corp. Ltd. Cl A stock falls Friday, underperforms marketJuly 13, 2022 | finance.yahoo.comElectric vehicle fast-chargers now open at 16 ONroute locations on Highways 401 and 400June 2, 2022 | finance.yahoo.comCanadian Tire Corporation Launches First-Ever Activewear Line Forward With DesignMay 20, 2022 | finance.yahoo.comCanadian Tire Corporation (TSE:CTC.A) Will Pay A Larger Dividend Than Last Year At CA$1.63May 14, 2022 | seekingalpha.comCanadian Tire Corporation, Limited 2022 Q1 - Results - Earnings Call PresentationApril 25, 2022 | finance.yahoo.comCanadian Tire Corporation (TSE:CTC.A) Is Paying Out A Larger Dividend Than Last YearMarch 10, 2022 | finance.yahoo.comIIROC Trading Halt - CTCMarch 10, 2022 | finance.yahoo.comCanadian Tire Corporation unveils its $3.4 billion investment strategy designed to bolster omnichannel capabilities and drive long-term growthMarch 10, 2022 | finance.yahoo.comIIROC Trade Resumption - CTCMarch 10, 2022 | finance.yahoo.comCanadian Tire to invest more than $2 bln in e-commerce businessSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive CDNAF Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Canadian Tire and its competitors with MarketBeat's FREE daily newsletter. Email Address CDNAF Company Calendar Today2/07/2023Next Earnings (Estimated)2/15/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeOTCMKTS Industry Specialty Retail Sub-IndustryN/A SectorConsumer Cyclical Current SymbolOTCMKTS:CDNAF CUSIPN/A CIKN/A Webwww.corp.canadiantire.ca Phone(416) 480-3000FaxN/AEmployees13,435Year FoundedN/APrice Target and Rating Average Stock Price Forecast$192.00 High Stock Price Forecast$234.00 Low Stock Price Forecast$160.00 Forecasted Upside/Downside+57.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E Ratio16.27 Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableNot Optionable BetaN/A Key ExecutivesGreg HicksPresident, Chief Executive Officer & DirectorGregory CraigChief Financial Officer & Executive Vice PresidentRex William LeeChief Information Officer & Senior Vice PresidentJohn E. PershingChief Human Resources Officer & Executive VPJames R. ChristieExecutive Vice President & General CounselKey CompetitorsAlcannaOTCMKTS:LQSIFASOSOTCMKTS:ASOMFBluestem GroupOTCMKTS:BGRPCeconomyOTCMKTS:MTAGFCurrysOTCMKTS:DSITFView All Competitors CDNAF Stock - Frequently Asked Questions Should I buy or sell Canadian Tire stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Canadian Tire in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CDNAF shares. View CDNAF analyst ratings or view top-rated stocks. What is Canadian Tire's stock price forecast for 2023? 3 Wall Street research analysts have issued 12-month target prices for Canadian Tire's shares. Their CDNAF share price forecasts range from $160.00 to $234.00. On average, they expect the company's share price to reach $192.00 in the next twelve months. This suggests a possible upside of 57.7% from the stock's current price. View analysts price targets for CDNAF or view top-rated stocks among Wall Street analysts. How have CDNAF shares performed in 2023? Canadian Tire's stock was trading at $104.4580 on January 1st, 2023. Since then, CDNAF stock has increased by 16.6% and is now trading at $121.7850. View the best growth stocks for 2023 here. Are investors shorting Canadian Tire? Canadian Tire saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 2,819,400 shares, an increase of 18.0% from the December 31st total of 2,388,500 shares. Based on an average daily trading volume, of 3,700 shares, the short-interest ratio is currently 762.0 days. View Canadian Tire's Short Interest. When is Canadian Tire's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023. View our CDNAF earnings forecast. Is Canadian Tire a good dividend stock? Canadian Tire (OTCMKTS:CDNAF) pays an annual dividend of $1.73 per share and currently has a dividend yield of 1.89%. The dividend payout ratio is 23.05%. This payout ratio is at a healthy, sustainable level, below 75%. What is Canadian Tire's stock symbol? Canadian Tire trades on the OTCMKTS under the ticker symbol "CDNAF." How do I buy shares of Canadian Tire? Shares of CDNAF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Canadian Tire's stock price today? One share of CDNAF stock can currently be purchased for approximately $121.79. How many employees does Canadian Tire have? The company employs 13,435 workers across the globe. How can I contact Canadian Tire? Canadian Tire's mailing address is 2180 Yonge Street, Toronto, ON M4P. The official website for the company is www.corp.canadiantire.ca. The company can be reached via phone at (416) 480-3000. This page (OTCMKTS:CDNAF) was last updated on 2/7/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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