TSE:CTCCanadian Tire Stock Price, Forecast & News

C$219.25

-4.74 (-2.12 %)

(As of 06/3/2020 04:00 PM ET)

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Today's Range

C$219.00

Now: C$219.25▼

C$224.00

50-Day Range

C$187.50

MA: C$209.41▼

C$224.99

52-Week Range

C$140.00

Now: C$219.25▼

C$239.99

Volume1,031 shs

Average Volume849 shs

Market CapitalizationC$13.33 billion

P/E Ratio19.43

Dividend Yield2.03%

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^™

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.

2.5 Dividend Strength

Dividend Leadership
Canadian Tire is a leading dividend payer. It pays a dividend yield of 2.03%, 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 35.55 %. 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 19.43, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.11.
Price to Earnings Ratio vs. Sector
The P/E ratio of Canadian Tire is 19.43, which means that it is trading at a less expensive P/E ratio than the Services sector average P/E ratio of about 21.41.
Price to Book Value per Share Ratio
Canadian Tire has a P/B Ratio of 3.27. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.27 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

Webwww.canadiantire.ca

Phone+1-416-4808725

Debt

Debt-to-Equity Ratio191.11

Current Ratio1.65

Quick Ratio1.20

Price-To-Earnings

Trailing P/E Ratio19.43

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesC$13.37 billion

Price / Sales1.00

Cash FlowC$10.44 per share

Price / Cash Flow21.00

Book ValueC$67.00 per share

Price / Book3.27

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 Shares60,807,000

Market CapC$13.33 billion

Next Earnings Date8/13/2020 (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. Since then, CTC stock has increased by 21.1% and is now trading at C$219.25. View which stocks have been most impacted by Coronavirus.

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

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Tire in the last year. There are currently 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, August 13th 2020. View our earnings forecast for Canadian Tire.

How were Canadian Tire's earnings last quarter?

Canadian Tire Co. Limited (TSE:CTC) announced its earnings results on Thursday, May, 7th. The company reported ($0.13) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.81 by $0.94. The business had revenue of $2.85 billion for the quarter. View Canadian Tire's earnings history.

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 dividend on an annualized basis and a yield of 2.08%. View Canadian Tire's dividend history.

Has Canadian Tire been receiving favorable news coverage?

News coverage about CTC stock has trended somewhat positive recently, InfoTrie Sentiment reports. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Canadian Tire earned a daily sentiment score of 0.9 on InfoTrie's scale. They also gave media headlines 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 stock'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), Nick Scali (NCK), New Look Vision Group (BCI), Halfords Group (HFD), XPS Pensions Group (XPS), Cash Converters International (CCV), Game Digital (GMD), Indigo Books & Music (IDG), CO2 Solutions (CST) and 7Digital Group (7DIG). View all 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), Toronto-Dominion Bank (TD), Air Canada (AC), Fifth Third Bancorp (FITB), Paypal (PYPL), Precision Drilling (PDS), Aurora Cannabis (ACB), Canopy Growth (CGC), Canadian Pacific Railway (CP) and Walt Disney (DIS).

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$219.25.

How big of a company is Canadian Tire?

Canadian Tire has a market capitalization of C$13.33 billion and generates C$13.37 billion in revenue each year. 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.

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 6/3/2020 by MarketBeat.com Staff