TSE:CTC.A

Canadian Tire Stock Forecast, Price & News

C$162.76

+0.96 (+0.59 %)

(As of 03/5/2021 05:41 PM ET)

Add

Compare

Today's Range

C$161.88

Now: C$162.76▼

C$165.04

50-Day Range

C$161.80

MA: C$171.91▼

C$180.98

52-Week Range

C$67.15

Now: C$162.76▼

C$183.90

Volume384,746 shs

Average Volume214,713 shs

Market CapitalizationC$9.90 billion

P/E Ratio13.22

Dividend Yield2.89%

BetaN/A

Canadian Tire Corporation, Limited provides a range of retail goods and services in Canada. The company operates through three segments: Retail, CT REIT, and Financial Services. The Retail segment retails general merchandise, apparel, footwear, sporting equipment, gasoline, sporting goods and active wear, and workwear under the Canadian Tire, SportChek, Sports Experts, National Sports, Pro Hockey Life, Atmosphere, Mark's, PartSource, Gas+, and Helly Hansen banners. This segment also participates in loyalty programs, as well as sells its products online. The CT REIT segment operates as a closed-end real estate investment trust that holds a portfolio of properties comprising Canadian Tire stores, Canadian Tire anchored retail developments, mixed-use commercial property, and distribution centers. The Financial Services segment provides financial and other ancillary products and services, including credit cards, in-store financing, insurance products, and retail and broker deposits; and savings accounts and guaranteed investment certificates. The company was founded in 1922 and is headquartered in Toronto, Canada.

Headlines

Canadian Tire To Shutter 'National Sports' Outlets
February 20, 2021 | marketwatch.com

Canadian Tire Corporation Commits an Additional $12 Million to Jumpstart Charities' Sport Relief Fund to Help Build Back Sport
February 13, 2021 | bloomberg.com

Shortened Week in Store in Both Markets
February 12, 2021 | baystreet.ca

Canadian Tire (TSX:CTC.A) Could Be a Massive Winner in 2021
February 2, 2021 | fool.ca

2021 TFSA Limit: 3 TSX Stocks to Buy With the $6,000
January 28, 2021 | fool.ca

2 TSX Stocks That I Recently Sold
January 15, 2021 | fool.ca

2 Stocks Getting a Boost From the Stronger Canadian Dollar
December 20, 2020 | fool.ca

Canadian Tire: E-Commerce Growing, But Long-Term Success Uncertain
November 29, 2020 | seekingalpha.com

Top 3 TSX Retail Stocks to Watch
November 20, 2020 | fool.ca

Canadian Tire raises quarterly dividend, reports Q3 profit and sales up from year ago
November 5, 2020 | msn.com

Is Canadian Tire Stock a Value Play?
November 5, 2020 | baystreet.ca

These 3 Stocks Could Soar No Matter Who Wins the Election
November 2, 2020 | msn.com

TSX Recovers After Weak Start, Ends Modestly Higher
October 15, 2020 | nasdaq.com

Forget Canadian Tire (TSX:CTC.A): Here’s a Stronger Dividend Play!
August 13, 2020 | msn.com

Canadian Tire (TSX:CTC.A) Stock Could Bounce Back Massively Next Year!
August 5, 2020 | fool.ca

TFSA Investors: 3 Top TSX Dividend Stocks That Are Still Cheap
July 31, 2020 | www.fool.ca

3 TSX Retail Stocks That Will Survive the Pandemic No Matter What
June 25, 2020 | www.fool.ca

Why Canadian Tire Stock Has Great Value Today
June 16, 2020 | www.baystreet.ca

Triangle Rewards™ from Canadian Tire Corporation is now live across Canada
June 8, 2020 | www.bloomberg.com

BUY ALERT: Canadian Tire (TSX:CTC.A) Stock Just Popped 70%
June 8, 2020 | www.msn.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange TSE

Industry Specialty Retail

Sub-IndustryN/A

SectorConsumer Cyclical

Current SymbolTSE:CTC.A

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.canadiantire.ca

Phone+1-416-4808725

Employees13,735

Year FoundedN/A

Debt

Debt-to-Equity Ratio174.26

Current Ratio2.03

Quick Ratio1.51

Price-To-Earnings

Trailing P/E Ratio13.22

Forward P/E Ratio10.49

P/E Growth1.43

Sales & Book Value

Annual SalesC$13.81 billion

Price / Sales0.72

Cash FlowC$32.40 per share

Price / Cash Flow5.02

Book ValueC$73.99 per share

Price / Book2.20

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares60,807,000

Market CapC$9.90 billion

Next Earnings DateN/A

OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

1.56 out of 5 stars

2.4 Analyst's Opinion

Consensus Rating
Canadian Tire has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$193.13, Canadian Tire has a forecasted upside of 18.7% from its current price of C$162.76.
Amount of Analyst Coverage
Canadian Tire has only been the subject of 4 research reports in the past 90 days.

2.5 Community Rank

Outperform Votes
Canadian Tire has received 453 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Canadian Tire has received 441 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Canadian Tire has received 50.67% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Canadian Tire and other stocks. Vote “Outperform” if you believe CTC.A will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CTC.A will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Yield
Canadian Tire pays a meaningful dividend of 2.89%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Canadian Tire does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Canadian Tire is 36.96%. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Canadian Tire insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$308,000.00 in company stock.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Canadian Tire is 13.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 31.50.
Price to Earnings Ratio vs. Sector
The P/E ratio of Canadian Tire is 13.22, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 28.05.
Price to Earnings Growth Ratio
Canadian Tire has a PEG Ratio of 1.43. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Canadian Tire has a P/B Ratio of 2.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

C$162.76

+0.96 (+0.59 %)

(As of 03/5/2021 05:41 PM ET)

30 days | 90 days | 365 days | Advanced Chart

Receive CTC.A News and Ratings via Email

Sign-up to receive the latest news and ratings for CTC.A and its competitors with MarketBeat's FREE daily newsletter.

Canadian Tire (TSE:CTC.A) Frequently Asked Questions

Is Canadian Tire a buy right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Tire in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Canadian Tire stock.
View analyst ratings for Canadian Tire or view top-rated stocks.

What stocks does MarketBeat like better than Canadian Tire?

Wall Street analysts have given Canadian Tire a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Canadian Tire wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

How has Canadian Tire's stock price been impacted by COVID-19?

Canadian Tire's stock was trading at C$114.20 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CTC.A stock has increased by 42.5% and is now trading at C$162.76.
View which stocks have been most impacted by COVID-19.

Is Canadian Tire a good dividend stock?

Canadian Tire pays an annual dividend of C$4.55 per share and currently has a dividend yield of 2.89%. The dividend payout ratio of Canadian Tire is 36.96%. This payout ratio is at a healthy, sustainable level, below 75%.
View Canadian Tire's dividend history.

What price target have analysts set for CTC.A?

4 equities research analysts have issued 1-year price objectives for Canadian Tire's stock. Their forecasts range from C$150.00 to C$211.00. On average, they expect Canadian Tire's share price to reach C$193.13 in the next year. This suggests a possible upside of 18.7% from the stock's current price.
View analysts' price targets for Canadian Tire or view top-rated stocks among Wall Street analysts.

Who are Canadian Tire's key executives?

Canadian Tire's management team includes the following people:

Mr. Stephen G. Wetmore, CEO, Pres & Non-Independent Director (Age 66)
Mr. Dean Charles McCann, Exec. VP & CFO (Age 60)
Mr. James R. Christie, Exec. VP, Strategic Advisor & Gen. Counsel
Mr. Allan Angus MacDonald, Exec. Vice-Pres of Retail
Mr. Mahes S. Wickramasinghe, Exec. VP of International & Chief Corp. Officer (Age 61)

Who are some of Canadian Tire's key competitors?

Some companies that are related to Canadian Tire include Zalando (ZAL), Yatsen (YSG), THG Plc (THG.L) (THG), ASOS (ASC), boohoo group (BOO), Dunelm Group (DNLM), WH Smith (SMWH), Frasers Group (FRAS), Sports Direct International (SPD), Pets at Home Group (PETS), AO World (AO), Sleep Country Canada (ZZZ), 4imprint Group (FOUR), Applegreen (APGN) and DFS Furniture (DFS).
View all of CTC.A's competitors.

What is Canadian Tire's stock symbol?

Canadian Tire trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CTC.A."

How do I buy shares of Canadian Tire?

Shares of CTC.A and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is Canadian Tire's stock price today?

One share of CTC.A stock can currently be purchased for approximately C$162.76.

How much money does Canadian Tire make?

Canadian Tire has a market capitalization of C$9.90 billion and generates C$13.81 billion in revenue each year.

How many employees does Canadian Tire have?

Canadian Tire employs 13,735 workers across the globe.

What is Canadian Tire's official website?

The official website for Canadian Tire is www.canadiantire.ca.

Where are Canadian Tire's headquarters?

Canadian Tire is headquartered at 2180 Yonge Street, Stn K PO Box 770, TORONTO, ON M4P 2V8, Canada.

How can I contact Canadian Tire?

Canadian Tire's mailing address is 2180 Yonge Street, Stn K PO Box 770, TORONTO, ON M4P 2V8, Canada. The company can be reached via phone at +1-416-4808725.

This page was last updated on 3/8/2021 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

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 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.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here