TSE:CTCCanadian Tire Stock Price, Forecast & News

C$189.00

+1.50 (+0.80 %)

(As of 04/7/2020 01:04 PM ET)

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Today's Range

C$188.40

Now: C$189.00▼

C$195.00

50-Day Range

C$169.00

MA: C$187.44▼

C$198.51

52-Week Range

C$140.00

Now: C$189.00▼

C$231.83

Volume1,197 shs

Average Volume653 shs

Market CapitalizationC$11.57 billion

P/E Ratio15.02

Dividend Yield2.43%

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.

Beat the Market (BTM) Rank^™

1.3 Analyst's Opinion

Consensus Rating
Canadian Tire has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$197.00, Canadian Tire has a potential upside of 4.2% from its current price of C$189.00.
Amount of Analyst Coverage
Canadian Tire has received no research coverage in the past 90 days.

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.

2.5 Dividend Strength

Dividend Leadership
Canadian Tire is a leading dividend payer. It pays a dividend yield of 2.43%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Canadian Tire does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Canadian Tire is 31.90 %. 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.

0.6 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Canadian Tire is 15.02, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 12.15.
Price to Earnings Ratio vs. Sector
The P/E ratio of Canadian Tire is 15.02, which means that it is trading at a less expensive P/E ratio than the Services sector average P/E ratio of about 18.41.
Price to Book Value per Share Ratio
Canadian Tire has a P/B Ratio of 2.77. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.52 out of 5 stars

Industry, Sector and Symbol

Stock Exchange TSE

Industry Specialty Retail, Other

Sub-IndustryN/A

SectorServices

Current SymbolTSE:CTC

Previous Symbol

CUSIPN/A

CIKN/A

Webhttp://www.canadiantire.ca/

Phone+1-416-4808725

Debt

Debt-to-Equity Ratio174.93

Current Ratio1.66

Quick Ratio1.24

Price-To-Earnings

Trailing P/E Ratio15.02

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesC$13.42 billion

Price / Sales0.86

Cash FlowC$6.99 per share

Price / Cash Flow27.04

Book ValueC$68.12 per share

Price / Book2.77

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees13,735

Outstanding Shares61,203,000

Market CapC$11.57 billion

Next Earnings Date5/14/2020 (Estimated)

OptionableNot Optionable

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Canadian Tire (TSE:CTC) Frequently Asked Questions

How has Canadian Tire's stock been impacted by COVID-19 (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 (WHO). Since then, CTC stock has increased by 4.4% and is now trading at C$189.00. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Canadian Tire?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Tire in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Canadian Tire.

When is Canadian Tire's next earnings date?

Canadian Tire is scheduled to release its next quarterly earnings announcement on Thursday, May 14th 2020. View our earnings forecast for Canadian Tire.

How were Canadian Tire's earnings last quarter?

Canadian Tire Co. Limited (TSE:CTC) announced its quarterly earnings results on Thursday, February, 13th. The company reported $5.53 earnings per share for the quarter, beating analysts' consensus estimates of $5.41 by $0.12. The company earned $4.32 billion during the quarter, compared to the consensus estimate of $4.35 billion. View Canadian Tire's earnings history.

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

Canadian Tire declared a quarterly dividend on Friday, February 14th. Stockholders of record on Thursday, April 30th will be given a dividend of 1.138 per share on Monday, June 1st. This represents a $4.55 dividend on an annualized basis and a yield of 2.41%. The ex-dividend date of this dividend is Wednesday, April 29th. View Canadian Tire's dividend history.

What price target have analysts set for CTC?

2 brokers have issued 1 year price targets for Canadian Tire's stock. Their forecasts range from C$197.00 to C$197.00. On average, they expect Canadian Tire's stock price to reach C$197.00 in the next year. This suggests a possible upside of 4.2% from the stock's current price. View analysts' price targets for Canadian Tire.

Has Canadian Tire been receiving favorable news coverage?

Media coverage about CTC stock has trended very negative on Tuesday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Canadian Tire earned a news sentiment score of -3.3 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutCanadian Tire.

Who are some of Canadian Tire's key competitors?

Some companies that are related to Canadian Tire include JD Sports Fashion (JD), JB Hi-Fi (JBH), Bapcor (BAP), Super Retail Group (SUL), Dixons Carphone (DC), IG Design Group (IGR), New Look Vision Group (BCI), Nick Scali (NCK), XPS Pensions Group (XPS), Halfords Group (HFD), Cash Converters International (CCV), Indigo Books & Music (IDG), Game Digital (GMD), CO2 Solutions (CST) and 7Digital Group (7DIG).

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), Fifth Third Bancorp (FITB), Toronto-Dominion Bank (TD), Precision Drilling (PDS), Mastercard (MA), Royal Bank of Canada (RY), Walt Disney (DIS), Visa (V), Air Canada (AC) and Canadian Imperial Bank of Commerce (CM).

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)

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 online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab.

What is Canadian Tire's stock price today?

One share of CTC stock can currently be purchased for approximately C$189.00.

How big of a company is Canadian Tire?

Canadian Tire has a market capitalization of C$11.57 billion and generates C$13.42 billion in revenue each year. Canadian Tire employs 13,735 workers across the globe. View additional information about Canadian Tire.

What is Canadian Tire's official website?

The official website for Canadian Tire is http://www.canadiantire.ca/.

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 4/7/2020 by MarketBeat.com Staff

TSE:CTCCanadian Tire Stock Price, Forecast & News

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Beat the Market (BTM) Rank™

1.3 Analyst's Opinion

Consensus Rating

Price Target Upside/Downside

Amount of Analyst Coverage