TSE:CTCCanadian Tire Stock Price, Forecast & News

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 19.3% and is now trading at C$216.00. View which stocks have been most impacted by Coronavirus.

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.

Canadian Tire is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Canadian Tire.

Canadian Tire Co. Limited (TSE:CTC) released its earnings results on Thursday, May, 7th. The company reported ($0.13) earnings per share for the quarter, missing the consensus estimate of $0.81 by $0.94. The business earned $2.85 billion during the quarter. View Canadian Tire's earnings history.

Canadian Tire declared a quarterly dividend on Thursday, May 7th. Stockholders of record on Friday, July 31st will be paid a dividend of 1.1375 per share on Tuesday, September 1st. This represents a $4.55 annualized dividend and a yield of 2.11%. View Canadian Tire's dividend history.

Media stories about CTC stock have been trending negative recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog 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 coverage optimism score of -2.3 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news about Canadian Tire.

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.

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).

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

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.

One share of CTC stock can currently be purchased for approximately C$216.00.

Canadian Tire has a market capitalization of C$13.13 billion and generates C$13.36 billion in revenue each year. Canadian Tire employs 13,735 workers across the globe.

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

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.