TSE:CTC

Canadian Tire Stock Forecast, Price & News

C$202.54

+0.54 (+0.27 %)

(As of 03/5/2021 12:00 AM ET)

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Today's Range

C$202.54

Now: C$202.54▼

C$202.54

50-Day Range

C$201.15

MA: C$205.57▼

C$210.00

52-Week Range

C$140.00

Now: C$202.54▼

C$239.99

Volume332 shs

Average Volume529 shs

Market CapitalizationC$12.32 billion

P/E Ratio16.45

Dividend Yield2.33%

BetaN/A

Canadian Tire Corporation, Limited provides a range of retail goods and services in Canada. The company operates in three segments: Retail, CT REIT, and Financial Services. The Retail segment retails general merchandise, apparel, footwear, sporting goods, and petroleum under the Canadian Tire, PartSource, Petroleum, Gas+, Party City, Mark's, Mark's Work Wearhouse, L'Ãquipeur, Helly Hansen, SportChek, Sports Experts, Atmosphere, Pro Hockey Life, National Sports, Sports Rousseau, and Hockey Experts 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. This segment also offers payment processing services to its retail banners. Canadian Tire Corporation, Limited was founded in 1922 and is headquartered in Toronto, Canada.

Headlines

Why Canadian Tire Stock Is a Buy on Earnings
February 21, 2021 | fool.ca

Canadian Tire To Shutter ‘National Sports’ Outlets
February 19, 2021 | baystreet.ca

Canadian Tire reports Q4 profit and revenue up, beats expectations
February 18, 2021 | msn.com

Canadian Tire Corp. Bottom Line Rises In Q4
February 18, 2021 | nasdaq.com

Canadian Tire Corporation, Limited (TSE:CTC.A) Passed Our Checks, And It's About To Pay A CA$1.18 Dividend
January 23, 2021 | finance.yahoo.com

Coalition of retailers is calling on Ontario government to lift COVID-19 restrictions
December 1, 2020 | theglobeandmail.com

Tracing the colorful, surprising history of Canadian Tire Motorsport Park
November 13, 2020 | msn.com

Canadian Tire Q3 Profit Rises
November 5, 2020 | nasdaq.com

Media Advisory - Canadian Tire Corporation Third Quarter Results
October 22, 2020 | finance.yahoo.com

3 TSX Retail Stocks Trading at 52-Week Highs
October 21, 2020 | fool.ca

Got $5,000? Build Tax-Free Riches With These 3 TFSA Stocks!
October 13, 2020 | fool.ca

Canadian Tire Corp. Ltd. -- Moody's announces completion of a periodic review of ratings of Canadian Tire Corp. Ltd.
September 24, 2020 | finance.yahoo.com

East Ontario paramedics open drive-thu testing site at Canadian Tire Centre
September 19, 2020 | msn.com

Canadian Tire Selects Medallia to Strengthen Customer Experience Insights
September 14, 2020 | finance.yahoo.com

2 Dividend Growth Winners From My Monthly Buy List
August 13, 2020 | seekingalpha.com

Canadian Tire (TSX:CTC.A) Just Saw Its e-Commerce Sales Soar 400%: Buy Now?
August 7, 2020 | msn.com

Canadian Tire Reports 14% Revenue Decline In Q2 As Retail Stores Closed
August 6, 2020 | baystreet.ca

Canadian Tire Corp. Q2 adjusted earnings of -C$0.25 per share
August 6, 2020 | nasdaq.com

Canadian Tire Corporation Reports Second Quarter 2020 Results
August 6, 2020 | finance.yahoo.com

Canadian Tire posts quarterly loss as virus-led closures hit retail segment
August 6, 2020 | finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange TSE

Industry Specialty Retail, Other

Sub-IndustryN/A

SectorServices

Current SymbolTSE:CTC

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.canadiantire.ca

Phone+1-416-4808725

Employees13,303

Year FoundedN/A

Debt

Debt-to-Equity Ratio174.26

Current Ratio2.03

Quick Ratio1.51

Price-To-Earnings

Trailing P/E Ratio16.45

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesC$13.81 billion

Price / Sales0.89

Cash FlowC$32.49 per share

Price / Cash Flow6.23

Book ValueC$73.99 per share

Price / Book2.74

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$12.32 billion

Next Earnings Date5/6/2021 (Estimated)

OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

1.22 out of 5 stars

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Canadian Tire.

3.2 Community Rank

Outperform Votes
Canadian Tire has received 207 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Canadian Tire has received 114 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Canadian Tire has received 64.49% “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 will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CTC 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 2.33%, 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 not sold or bought any company stock.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Canadian Tire is 16.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 31.94.
Price to Earnings Ratio vs. Sector
The P/E ratio of Canadian Tire is 16.45, which means that it is trading at a less expensive P/E ratio than the Services sector average P/E ratio of about 49.30.
Price to Book Value per Share Ratio
Canadian Tire has a P/B Ratio of 2.74. 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$202.54

+0.54 (+0.27 %)

(As of 03/5/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Canadian Tire (TSE:CTC) Frequently Asked Questions

What stocks does MarketBeat like better than Canadian Tire?

Wall Street analysts have given Canadian Tire a "N/A" 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.

When is Canadian Tire's next earnings date?

Canadian Tire is scheduled to release its next quarterly earnings announcement on Thursday, May 6th 2021.
View our earnings forecast for Canadian Tire.

How were Canadian Tire's earnings last quarter?

Canadian Tire Co., Limited (TSE:CTC) posted its earnings results on Thursday, February, 18th. The company reported $8.40 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $6.57 by $1.83. The business earned $4.87 billion during the quarter, compared to analyst estimates of $4.72 billion.
View Canadian Tire's earnings history.

How has Canadian Tire's stock been impacted by Coronavirus?

Canadian Tire's stock was trading at C$181.00 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CTC shares have increased by 11.9% and is now trading at C$202.54.
View which stocks have been most impacted by COVID-19.

How often does Canadian Tire pay dividends? What is the dividend yield for Canadian Tire?

Canadian Tire announced a quarterly dividend on Thursday, May 7th. Shareholders of record on Friday, July 31st will be given a dividend of 1.1375 per share on Tuesday, September 1st. This represents a $4.55 annualized dividend and a dividend yield of 2.25%. The ex-dividend date is Thursday, July 30th.
View Canadian Tire's dividend history.

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 2.33%. 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.

Who are Canadian Tire's key executives?

Canadian Tire's management team includes the following people:

Mr. James R. Christie, Exec. VP of Canadian Tire Corp., Strategic Advisor & Gen. Counsel
Mr. Mahes S. Wickramasinghe, Exec. VP of International & Pres of Canadian Tire Financial Services (Age 63, Pay $1.37M)
Mr. Gregory Huber Hicks, CEO, Pres & Exec. Director (Age 50)
Mr. Gregory George Craig, CFO & Exec. VP
Rex W. Lee, Sr. VP & Chief Information Officer
Ms. Lisa Greatrix, Sr. VP of Fin. & Investor Relations
Jane Shaw, VP of Communications
John E. Pershing, Exec. VP & Chief HR Officer
Ms. Robyn A. Collver, Sr. Vice-Pres of Risk & Regulatory Affairs and Chief Sustainability Officer
Mr. John D. Salt, Sr. VP of Supply Chain

Who are some of Canadian Tire's key competitors?

Some companies that are related to Canadian Tire include JD Sports Fashion (JD), Dixons Carphone (DC), Halfords Group (HFD), New Look Vision Group (BCI), IG Design Group (IGR), XPS Pensions Group (XPS), Indigo Books & Music Inc. (IDG.TO) (IDG), Game Digital (GMD), 7digital Group (7DIG), United Carpets Group plc (UCG.L) (UCG), CO2 Solutions (CST), Scholium Group Plc (SCHO.L) (SCHO), Bapcor Limited (BAP.AX) (BAP), Cash Converters International (CCV) and JB Hi-Fi Limited (JBH.AX) (JBH).
View all of CTC's competitors.

What other stocks do shareholders of Canadian Tire own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Canadian Tire investors own include Canadian Tire (CTC.A), Costco Wholesale (COST), The Toronto-Dominion Bank (TD.TO) (TD), PayPal (PYPL), Visa (V), Air Canada (AC.TO) (AC), The Walt Disney (DIS), Enbridge (ENB), Johnson & Johnson (JNJ) and Royal Bank of Canada (RY).

What is Canadian Tire's stock symbol?

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

How do I buy shares of Canadian Tire?

Shares of CTC 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 stock can currently be purchased for approximately C$202.54.

How much money does Canadian Tire make?

Canadian Tire has a market capitalization of C$12.32 billion and generates C$13.81 billion in revenue each year.

How many employees does Canadian Tire have?

Canadian Tire employs 13,303 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 3/6/2021 by MarketBeat.com Staff

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