TSE:CTC

Canadian Tire - CTC Stock Forecast, Price & News

C$266.92

-5.08 (-1.87%)

(As of 09/28/2022 12:00 AM ET)

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Today's Range: C$266.92
▼
C$266.92
50-Day Range: C$265.00
▼
C$303.89
52-Week Range: C$250.00
▼
C$425.00

Volume: 120 shs
Average Volume: 286 shs
Market Capitalization: C$15.74 billion

P/E Ratio: 15.05
Dividend Yield: 2.15%
Price Target: C$258.00

About Canadian Tire (TSE:CTC) Stock

Canadian Tire Corporation, Limited provides a range of retail goods and services in Canada. It operates in three segments: Retail, CT REIT, and Financial Services. The Retail segment retails automotive maintenance products and accessories, parts, tires as well as automotive repair and roadside assistance; kitchen, home organization, decor and essentials, home electronics, pet, and cleaning and consumable products; tools, hardware, paint, electrical, plumbing, home environment, and smart home products; and outdoor recreation, exercise, footwear and apparel, hunting, fishing, camping, and sporting goods. It also retails Christmas trees, lights and decor, Halloween décor and costumes, yard care and maintenance, and snow removal equipment; patio furniture, barbeques, pools, trampolines, outdoor power equipment and tools, plants and gardening supplies; backyard amusement, pool fun, and toys and games; gasoline; sporting goods and active wear; casual and industrial apparel and footwear; and outerwear, base-layer, and workwear. This segment offers its products under the Canadian Tire, Canadian Tire Gas, Mark's, PartSource, Helly Hansen, Party City, and SportChek brand names. 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 368 properties comprising Canadian Tire stores, Canadian Tire anchored retail developments, industrial properties, a mixed-use commercial property, and development properties. The Financial Services segment provides financial and other ancillary products and services, including consumer credit cards, in-store financing, insurance products, and retail and broker deposits; and savings accounts and guaranteed investment certificates. Canadian Tire Corporation, Limited was founded in 1922 and is headquartered in Toronto, Canada.

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CTC Stock News Headlines

September 26, 2022 | nasdaq.com

Canadian Tire Corp's Strong Dividend History Helps Get It To The Top 25

September 20, 2022 | theglobeandmail.com

Canadian Tire Corp: Top 10 Undervalued Consumer Cyclical Stocks on TSE (CTC-A)

September 14, 2022 | theglobeandmail.com

Canadian Tire Corp: Top 10 Undervalued Retail - Cyclical Industry Sector Stocks on Toronto Stock Exchange (CTC-A)

September 14, 2022 | theglobeandmail.com

Canadian Tire’s rise in past-due accounts might be a big red flag

September 11, 2022 | finance.yahoo.com

Canadian Tire Corporation, Limited (CTC-A.TO)

September 8, 2022 | msn.com

Top 3 TFSA Stocks for 2023

August 16, 2022 | nasdaq.com

TSX Recovers After Weak Start, Ends Flat

August 16, 2022 | msn.com

2 Reasons to Avoid Canadian Tire (TSX:CTC.A) Stock

August 11, 2022 | seekingalpha.com

Canadian Tire Corporation, Limited (CDNTF) CEO Greg Hicks on Q2 2022 Results - Earnings Call Transcript

August 4, 2022 | theglobeandmail.com

Canadian Tire Corp Cl A NV stock advanced on Wednesday.

July 25, 2022 | msn.com

TFSA Investors: 1 Canadian Stock That Could Surge in a “Mild” Recession

July 24, 2022 | finance.yahoo.com

Be Sure To Check Out Canadian Tire Corporation, Limited (TSE:CTC.A) Before It Goes Ex-Dividend

July 19, 2022 | theglobeandmail.com

A Suncor sale of Petro-Canada would transform company, alter Canadian gasoline retail landscape

July 11, 2022 | theglobeandmail.com

Canadian Tire Corp Cl A NV stock advanced on Thursday.

July 11, 2022 | theglobeandmail.com

Canadian Tire Corp Cl A NV stock dipped on Monday.

July 9, 2022 | finance.yahoo.com

Read This Before Judging Canadian Tire Corporation, Limited's (TSE:CTC.A) ROE

July 7, 2022 | msn.com

3 Under-the-Radar TSX Stocks to Buy for 2022 and Beyond

July 7, 2022 | marketwatch.com

Canadian Tire Corp. Ltd. Cl A stock rises Thursday, outperforms market

July 4, 2022 | msn.com

Value Investors: These 3 TSX Stocks Are a Steal in July 2022

July 3, 2022 | msn.com

2 Retail Stocks Every Canadian Should Own Right Now

June 29, 2022 | theglobeandmail.com

Canadian Tire Corp Cl A NV stock dipped on Tuesday.

June 28, 2022 | fool.ca

Cheap Stocks to Buy: 2 Unbelievable Deals in This Environment

June 25, 2022 | msn.com

The Senators brings crowds to Kanata. Businesses are wondering what will happen if they leave

June 21, 2022 | theglobeandmail.com

Canadian Tire Corp Cl A NV stock raised on Monday.

June 17, 2022 | msn.com

Market Correction: 2 Canadian Stocks to Buy for Your TFSA Today!

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30 days | 90 days | 365 days | Advanced Chart

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CTC Company Calendar

Ex-Dividend for 9/1 Dividend: 7/29/2022
Last Earnings: 8/11/2022
Dividend Payable: 9/01/2022
Today: 9/28/2022
Next Earnings (Estimated): 11/10/2022

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Specialty Retail, Other
Sub-Industry: N/A
Sector: Business Services
Current Symbol: TSE:CTC
CUSIP: N/A
CIK: N/A
Web: www.canadiantire.ca
Phone: +1-416-4808725
Fax: N/A
Employees: 13,435
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$258.00
High Stock Price Forecast: C$258.00
Low Stock Price Forecast: C$258.00
Forecasted Upside/Downside: -3.3%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 15.05
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 150.11
Current Ratio: 1.78
Quick Ratio: 1.23

Sales & Book Value

Annual Sales: C$17.29 billion
Price / Sales: 0.91
Cash Flow: C$12.06 per share
Price / Cash Flow: 22.14
Book Value: C$88.16 per share
Price / Book: 3.03

Miscellaneous

Outstanding Shares: 58,961,000
Free Float: N/A
Market Cap: C$15.74 billion
Optionable: Not Optionable
Beta: N/A

Key Executives

Mr. Gregory Huber Hicks (Age 51)
CEO, Pres & Exec. Director
Comp: $3.95M

Mr. Gregory George Craig C.M.A. (Age 54)
CPA, CFO & Exec. VP
Comp: $1.59M

Mr. James R. Christie
Exec. VP, Strategic Advisor & Gen. Counsel

Mr. Johnathan Edward Pershing
Exec. VP & Chief HR Officer

Mr. Aayaz Pira
Pres of Canadian Tire Financial Services

Mr. Rex W. Lee
Sr. VP & Chief Information Officer

Ms. Karen Keyes
Head of Investor Relations

Jane Shaw
Sr. VP of Communications

Ms. Robyn A. Collver (Age 57)
Sr. VP of Regulatory Affairs & Chief Sustainability Officer

Mr. John D. Salt
Sr. VP of Supply Chain

Key Competitors

View All Competitors

CTC Stock - Frequently Asked Questions

Should I buy or sell Canadian Tire stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Canadian Tire in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CTC shares.
View CTC analyst ratings or view top-rated stocks.
What is Canadian Tire's stock price forecast for 2022?: 1 brokers have issued 12-month price objectives for Canadian Tire's shares. Their CTC share price forecasts range from C$258.00 to C$258.00. On average, they anticipate the company's share price to reach C$258.00 in the next year. This suggests that the stock has a possible downside of 3.3%.
View analysts price targets for CTC or view top-rated stocks among Wall Street analysts.
How have CTC shares performed in 2022?: Canadian Tire's stock was trading at C$342.23 at the beginning of the year. Since then, CTC shares have decreased by 22.0% and is now trading at C$266.92.
View the best growth stocks for 2022 here.
When is Canadian Tire's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 10th 2022.
View our CTC earnings forecast.
How were Canadian Tire's earnings last quarter?: Canadian Tire Co., Limited (TSE:CTC) issued its quarterly earnings results on Thursday, August, 11th. The company reported $3.11 EPS for the quarter, missing the consensus estimate of $3.56 by $0.45. The business had revenue of $4.40 billion for the quarter, compared to the consensus estimate of $4.02 billion.
How often does Canadian Tire pay dividends? What is the dividend yield for Canadian Tire?: Canadian Tire declared a quarterly dividend on Thursday, August 11th. Shareholders of record on Monday, October 31st will be paid a dividend of 1.625 per share on Thursday, December 1st. This represents a $6.50 dividend on an annualized basis and a dividend yield of 2.44%. The ex-dividend date is Friday, October 28th.
Read our dividend analysis for CTC.

Is Canadian Tire a good dividend stock?: Canadian Tire (TSE:CTC) pays an annual dividend of C$4.95 per share and currently has a dividend yield of 2.15%. The dividend payout ratio is 27.92%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for CTC.
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), Toronto-Dominion Bank (TD), PayPal (PYPL), Visa (V), Air Canada (AC), 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 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 stock can currently be purchased for approximately C$266.92.
How much money does Canadian Tire make?: Canadian Tire (TSE:CTC) has a market capitalization of C$15.74 billion and generates C$17.29 billion in revenue each year.
How many employees does Canadian Tire have?: The company employs 13,435 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) was last updated on 9/28/2022 by MarketBeat.com Staff

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