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S&P 500   3,936.97
DOW   32,030.11
QQQ   306.12
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These 3 Dividend Growers Yield More Than the 10-Year Note
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AI Is Giving 3 Marketing & Ad Firms Revenue & Earnings Boost
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DOW   32,030.11
QQQ   306.12
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What is the Consumer Staples Sector?
TSE:CTC

Canadian Tire - CTC Stock Forecast, Price & News

C$327.00
+19.00 (+6.17%)
(As of 03/21/2023 12:00 AM ET)
Add
Compare
Today's Range
C$327.00
▼
C$327.00
50-Day Range
C$280.00
▼
C$336.00
52-Week Range
C$243.18
▼
C$425.00
Volume
164 shs
Average Volume
392 shs
Market Capitalization
C$1.12 billion
P/E Ratio
17.51
Dividend Yield
2.05%
Price Target
C$258.00

Canadian Tire MarketRank™ Forecast

Analyst Rating
N/A
0.00 Rating Score
Upside/​Downside
21.1% Downside
C$258.00 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.00mentions of Canadian Tire in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

0.73 out of 5 stars

See Top Rated MarketRank™ Stocks Here

CTC stock logo

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

March 21, 2023 | msn.com
TFSA Couples: How to Make $800/Month in Tax-Free Income
March 21, 2023 | fool.ca
Exchange Rate: 2 Cheap TSX Stocks Americans Ought to Consider
March 23, 2023 | Health Sector Insight (Ad)
Penny Stock Shows Big Potential
The $4.37 trillion wellness market and the little-known penny stock to get on radar now.
March 20, 2023 | msn.com
How to Invest in Retail Stocks When Everyone’s Talking About a Recession
March 15, 2023 | marketwatch.com
Canadian Tire Corp. Ltd. Cl A stock falls Wednesday, still outperforms market
March 13, 2023 | finance.yahoo.com
Canadian Tire Corporation Introduces Triangle Select
March 8, 2023 | msn.com
Canadian Tire Stock Zoomed 2% Last Month
March 7, 2023 | wsj.com
Canadian Tire Earmarking Minimum 50% of Sponsorship Dollars to Women’s Professional Sports
March 23, 2023 | Health Sector Insight (Ad)
Penny Stock Shows Big Potential
The $4.37 trillion wellness market and the little-known penny stock to get on radar now.
March 2, 2023 | theglobeandmail.com
Director buys after Canadian Tire reports fourth-quarter results
February 28, 2023 | msn.com
Passive Income Investors: 2 TSX Stocks to Watch in March
February 20, 2023 | finance.yahoo.com
Canadian Tire Corporation (TSE:CTC.A) jumps 6.6% this week, though earnings growth is still tracking behind three-year shareholder returns
February 9, 2023 | fool.ca
Where to Invest When the Economy Snaps Back
February 2, 2023 | finance.yahoo.com
Media Advisory - Canadian Tire Corporation Fourth Quarter and 2022 Year-End Results
January 30, 2023 | theglobeandmail.com
Monday’s upgrades and downgrades
January 5, 2023 | msn.com
Value Hounds – A TSX Stock With Single-Digit P/Es
December 12, 2022 | theglobeandmail.com
Ten innovative moments that shaped Canadian Tire
December 12, 2022 | theglobeandmail.com
Canadian Tire Corporation’s CEO is looking forward to the next hundred years
December 11, 2022 | theglobeandmail.com
Canadian Tire Corp: Top 25 Undervalued Toronto Stock Exchange Stocks (CTC-A)
November 16, 2022 | msn.com
GARRIOCH: Struggling Senators find a way to get a much-needed win against the Sabres
November 14, 2022 | fool.ca
Why Is Everyone Talking About Canadian Tire Stock?
November 14, 2022 | seekingalpha.com
Canadian Tire Corporation: Pressure On Profits But Cash Position Remains Favourable
November 10, 2022 | msn.com
Canadian Tire reports Q3 profit down from year ago, raises dividend
November 10, 2022 | theglobeandmail.com
Canadian Tire profit falls 20% as costs rise, consumer habits shift amid high inflation
November 4, 2022 | msn.com
2 Top TSX Retail Stocks to Buy in November 2022
October 27, 2022 | msn.com
Canadian Stocks: 3 Insane Discounts Too Good to Pass Up
October 12, 2022 | finance.yahoo.com
Little Canada Announces Canadian Tire Corporation as First Exclusive Retail Partner
See More Headlines
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CTC Company Calendar

Ex-Dividend for 3/1 Dividend
1/30/2023
Last Earnings
2/16/2023
Dividend Payable
3/01/2023
Today
3/23/2023
Next Earnings (Estimated)
5/11/2023
Get Stock Alerts

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
-21.1%
Consensus Rating
N/A
Rating Score (0-4)
0.00
Research Coverage
0 Analysts

Profitability

EPS (Most Recent Fiscal Year)
C$17.61
Trailing P/E Ratio
18.57
Forward P/E Ratio
18.80
P/E Growth
N/A
Net Income
C$1.04 billion
Net Margins
5.86%
Pretax Margin
N/A
Return on Equity
17.46%
Return on Assets
5.48%

Debt

Debt-to-Equity Ratio
145.08
Current Ratio
1.61
Quick Ratio
1.15

Sales & Book Value

Annual Sales
C$17.81 billion
Price / Sales
0.06
Cash Flow
C$10.14 per share
Price / Cash Flow
32.26
Book Value
C$97.37 per share
Price / Book
3.36

Miscellaneous

Outstanding Shares
3,420,000
Free Float
N/A
Market Cap
C$1.12 billion
Optionable
Not Optionable
Beta
1.26

Key Executives

  • Mr. Gregory Huber Hicks (Age 52)
    CEO, Pres & Exec. Director
    Comp: $3.95M
  • Mr. Gregory George Craig C.M.A. (Age 55)
    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
    Chief Information & Technology Officer
  • Ms. Karen Keyes
    Head of Investor Relations
  • Jane Shaw
    Sr. VP of Communications
  • Mr. John D. Salt
    Sr. VP of Supply Chain
  • Mr. Robert Mongeau
    Sr. VP of Real Estate

Key Competitors

View All Competitors













CTC Stock - Frequently Asked Questions

What is Canadian Tire's stock price forecast for 2023?

0 brokers have issued twelve-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 21.1%.
View analysts price targets for CTC or view top-rated stocks among Wall Street analysts.

How have CTC shares performed in 2023?

Canadian Tire's stock was trading at C$249.99 at the beginning of 2023. Since then, CTC stock has increased by 30.8% and is now trading at C$327.00.
View the best growth stocks for 2023 here.

When is Canadian Tire's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 11th 2023.
View our CTC earnings forecast.

How were Canadian Tire's earnings last quarter?

Canadian Tire Co., Limited (TSE:CTC) issued its earnings results on Thursday, February, 16th. The company reported $9.34 EPS for the quarter, beating the consensus estimate of $7.28 by $2.06. The firm earned $5.34 billion during the quarter, compared to the consensus estimate of $5.07 billion. Canadian Tire had a net margin of 5.86% and a trailing twelve-month return on equity of 17.46%.

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

Canadian Tire declared a quarterly dividend on Thursday, February 16th. Stockholders of record on Sunday, April 30th will be paid a dividend of 1.725 per share on Thursday, June 1st. This represents a $6.90 dividend on an annualized basis and a yield of 2.11%. The ex-dividend date of this dividend is Thursday, April 27th.
Read our dividend analysis for CTC.

Is Canadian Tire a good dividend stock?

Canadian Tire (TSE:CTC) pays an annual dividend of C$6.70 per share and currently has a dividend yield of 2.06%. The dividend payout ratio is 38.05%. 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$327.00.

How much money does Canadian Tire make?

Canadian Tire (TSE:CTC) has a market capitalization of C$1.12 billion and generates C$17.81 billion in revenue each year. The company earns C$1.04 billion in net income (profit) each year or C$17.61 on an earnings per share basis.

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 3/23/2023 by MarketBeat.com Staff