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S&P 500   4,221.02
DOW   33,061.57
QQQ   352.01
Is This The Collapse of Icahn Enterprises ?
The “Amazon Secret Royalty Program” Can Help Anyone Retire Like Royalty (Ad)
20 Best Healthcare Dividend Stocks to Invest in
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
The “Amazon Secret Royalty Program” Can Help Anyone Retire Like Royalty (Ad)
Nordstrom's Earnings Beat, A Rally In The Making
Elliott Management Says Goodyear Tire Worth At Least $21 a Share
Our #1 Laser Stock for May (Ad)
What Does the Airbnb Guidance Drop Say About Travel Demand?
What is the Penalty for Excess Contributions to an IRA?
S&P 500   4,221.02
DOW   33,061.57
QQQ   352.01
Is This The Collapse of Icahn Enterprises ?
The “Amazon Secret Royalty Program” Can Help Anyone Retire Like Royalty (Ad)
20 Best Healthcare Dividend Stocks to Invest in
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
The “Amazon Secret Royalty Program” Can Help Anyone Retire Like Royalty (Ad)
Nordstrom's Earnings Beat, A Rally In The Making
Elliott Management Says Goodyear Tire Worth At Least $21 a Share
Our #1 Laser Stock for May (Ad)
What Does the Airbnb Guidance Drop Say About Travel Demand?
What is the Penalty for Excess Contributions to an IRA?
S&P 500   4,221.02
DOW   33,061.57
QQQ   352.01
Is This The Collapse of Icahn Enterprises ?
The “Amazon Secret Royalty Program” Can Help Anyone Retire Like Royalty (Ad)
20 Best Healthcare Dividend Stocks to Invest in
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
The “Amazon Secret Royalty Program” Can Help Anyone Retire Like Royalty (Ad)
Nordstrom's Earnings Beat, A Rally In The Making
Elliott Management Says Goodyear Tire Worth At Least $21 a Share
Our #1 Laser Stock for May (Ad)
What Does the Airbnb Guidance Drop Say About Travel Demand?
What is the Penalty for Excess Contributions to an IRA?
TSE:CTC.A

Canadian Tire (CTC.A) Stock Forecast, Price & News

C$164.15
+1.09 (+0.67%)
(As of 06/1/2023 ET)
Compare
Today's Range
C$162.52
▼
C$164.37
50-Day Range
C$163.06
▼
C$183.82
52-Week Range
C$139.24
▼
C$185.89
Volume
99,580 shs
Average Volume
262,198 shs
Market Capitalization
C$8.75 billion
P/E Ratio
11.17
Dividend Yield
4.20%
Price Target
C$204.88
ProfileAnalyst RatingsChartCompetitorsInsider TradesHeadlinesSocial Media

Canadian Tire MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
24.8% Upside
C$204.88 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.01 out of 5 stars

See Top Rated MarketRank™ Stocks Here

CTC.A stock logo

About Canadian Tire (TSE:CTC.A) Stock

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.

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CTC.A Stock News Headlines

May 31, 2023 | theglobeandmail.com
Bullish on Canadian Tire Corp. Ltd
May 17, 2023 | theglobeandmail.com
Closing Bell: Canadian Tire Corp Ltd flat on Monday (CTC)
June 2, 2023 | Legacy Research (Affiliate) (Ad)
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May 17, 2023 | msn.com
Forget King Charles: 3 Canadian Stocks with Serious Royalty Status
May 15, 2023 | msn.com
Calgary-based robotics firm Attabotics sues Canadian Tire alleging damages after fire
May 11, 2023 | ca.finance.yahoo.com
Canadian Tire profit hit by weather, fire and spending slowdown
May 11, 2023 | msn.com
Canadian Consumer Stocks: Invest in Brands That People Love
May 11, 2023 | theglobeandmail.com
Canadian Tire reports first-quarter profit and revenue down from year ago
June 2, 2023 | Vantage Point (Ad)
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May 11, 2023 | theglobeandmail.com
Canadian Tire first-quarter profit hit by costs from fire at key distribution centre
May 11, 2023 | finance.yahoo.com
Canadian Tire Corporation Reports First Quarter 2023 Results
May 11, 2023 | msn.com
Canadian Tire Gains Traction: Retail Resilience in a Digital World
May 10, 2023 | businesswire.com
Attabotics Issues Statement of Claim Against Canadian Tire
May 10, 2023 | americanbankingnews.com
Brokerages Set Canadian Tire Co. Limited (TSE:CTC.A) PT at C$204.88
May 5, 2023 | americanbankingnews.com
Canadian Tire (TSE:CTC.A) PT Lowered to C$202.00 at Canaccord Genuity Group
May 4, 2023 | msn.com
2 Canadian Value Stocks for Long-Term Investors
May 4, 2023 | baystreet.ca
Canadian Tire Gas Stations To Be Rebranded As Petro-Canada Outlets
May 4, 2023 | americanbankingnews.com
Canadian Tire (TSE:CTC.A) PT Raised to C$200.00
May 3, 2023 | baystreet.ca
Canadian Tire Buys Leases From Bankrupt Retailer Bed Bath & Beyond
May 3, 2023 | theglobeandmail.com
Closing Bell: Canadian Tire Corp Ltd down on Monday (CTC)
May 2, 2023 | theglobeandmail.com
Canadian Tire to acquire 10 Bed Bath & Beyond leases for $1.6-million
May 2, 2023 | seekingalpha.com
Canadian Tire Corporation: A Stable Dividend Grower
May 1, 2023 | msn.com
Here’s My #1 Canadian Growth Stock Pick to Buy for May 2023
April 28, 2023 | theglobeandmail.com
Closing Bell: Canadian Tire Corp Cl A NV down on Friday (CTC-A)
April 27, 2023 | ca.finance.yahoo.com
Media Advisory - Canadian Tire Corporation Annual Meeting of Shareholders and First Quarter 2023 Results
April 26, 2023 | yahoo.com
Canadian Tire's biggest sale of the season ends tonight — save up to 80% on kitchen, outdoor & more
April 26, 2023 | marketwatch.com
Canadian Tire Corp. Ltd. Cl A stock rises Monday, outperforms market
See More Headlines

CTC.A Price History

Industry, Sector and Symbol

Stock Exchange
TSE
Industry
Specialty Retail
Sub-Industry
N/A
Sector
Consumer Cyclical
Current Symbol
TSE:CTC.A
CUSIP
N/A
CIK
N/A
Web
www.canadiantire.ca
Phone
+1-416-4808725
Fax
N/A
Employees
13,735
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$204.88
High Stock Price Forecast
C$225.00
Low Stock Price Forecast
C$195.00
Forecasted Upside/Downside
+24.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

EPS (Most Recent Fiscal Year)
C$14.70
Trailing P/E Ratio
11.17
Forward P/E Ratio
9.66
P/E Growth
0.37
Net Income
C$987.30 million
Net Margins
5.58%
Pretax Margin
N/A
Return on Equity
15.90%
Return on Assets
5.14%

Debt

Debt-to-Equity Ratio
163.46
Current Ratio
1.56
Quick Ratio
1.15

Sales & Book Value

Annual Sales
C$17.68 billion
Price / Sales
0.49
Cash Flow
C$9.17 per share
Price / Cash Flow
17.89
Book Value
C$93.12 per share
Price / Book
1.76

Miscellaneous

Outstanding Shares
53,310,000
Free Float
N/A
Market Cap
C$8.75 billion
Optionable
Not Optionable
Beta
1.25

Key Executives

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

Key Competitors

View All Competitors

Insiders

View All Insider Transactions













CTC.A Stock - Frequently Asked Questions

Should I buy or sell Canadian Tire stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Canadian Tire in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CTC.A shares.
View CTC.A analyst ratings or view top-rated stocks.

What is Canadian Tire's stock price forecast for 2023?

5 Wall Street analysts have issued 1 year price objectives for Canadian Tire's stock. Their CTC.A share price forecasts range from C$195.00 to C$225.00. On average, they anticipate the company's share price to reach C$204.88 in the next twelve months. This suggests a possible upside of 24.8% from the stock's current price.
View analysts price targets for CTC.A or view top-rated stocks among Wall Street analysts.

How have CTC.A shares performed in 2023?

Canadian Tire's stock was trading at C$141.50 at the beginning of 2023. Since then, CTC.A stock has increased by 16.0% and is now trading at C$164.15.
View the best growth stocks for 2023 here.

Is Canadian Tire a good dividend stock?

Canadian Tire (TSE:CTC.A) pays an annual dividend of C$6.90 per share and currently has a dividend yield of 4.07%. CTC.A has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 46.94%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for CTC.A.

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 stock 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$164.15.

How much money does Canadian Tire make?

Canadian Tire (TSE:CTC.A) has a market capitalization of C$8.75 billion and generates C$17.68 billion in revenue each year. The company earns C$987.30 million in net income (profit) each year or C$14.70 on an earnings per share basis.

How many employees does Canadian Tire have?

The company employs 13,735 workers across the globe.

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 official website for the company is www.canadiantire.ca. The company can be reached via phone at +1-416-4808725.

This page (TSE:CTC.A) was last updated on 6/2/2023 by MarketBeat.com Staff

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