Should I buy or sell High Liner Foods stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for High Liner Foods in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" HLF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HLF, but not buy additional shares or sell existing shares. View HLF analyst ratings or view top-rated stocks .

What is High Liner Foods' stock price target for 2024?

2 brokers have issued 1-year price targets for High Liner Foods' shares. Their HLF share price targets range from C$14.00 to C$18.25. On average, they expect the company's share price to reach C$15.42 in the next year. This suggests a possible upside of 18.0% from the stock's current price. View analysts price targets for HLF or view top-rated stocks among Wall Street analysts .

How have HLF shares performed in 2024?

High Liner Foods' stock was trading at C$11.82 at the beginning of the year. Since then, HLF shares have increased by 10.6% and is now trading at C$13.07. View the best growth stocks for 2024 here .

When is High Liner Foods' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 21st 2024. View our HLF earnings forecast .

How were High Liner Foods' earnings last quarter?

High Liner Foods Inc (TSE:HLF) issued its quarterly earnings results on Wednesday, February, 21st. The company reported $0.31 earnings per share for the quarter, topping analysts' consensus estimates of $0.30 by $0.01. The business had revenue of $322.85 million for the quarter, compared to analysts' expectations of $321.95 million. High Liner Foods had a trailing twelve-month return on equity of 8.34% and a net margin of 2.93%.

How often does High Liner Foods pay dividends? What is the dividend yield for High Liner Foods?

High Liner Foods declared a quarterly dividend on Wednesday, February 21st. Shareholders of record on Friday, March 1st will be given a dividend of 0.15 per share on Friday, March 15th. This represents a $0.60 annualized dividend and a yield of 4.59%. The ex-dividend date is Thursday, February 29th. Read our dividend analysis for HLF .

Is High Liner Foods a good dividend stock?

High Liner Foods (TSE:HLF) pays an annual dividend of C$0.60 per share and currently has a dividend yield of 4.51%. HLF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 47.62%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for HLF .

What other stocks do shareholders of High Liner Foods own?

Based on aggregate information from My MarketBeat watchlists, some companies that other High Liner Foods investors own include Whitecap Resources (WCP) , AltaGas (ALA) , BCE (BCE) , Enbridge (ENB) , Veresen (VSN) , Aurora Cannabis (ACB) , Canadian National Railway (CNR) , Manulife Financial (MFC) , Teck Resources (TECK.B) and AGT Food and Ingredients (AGT) .

How do I buy shares of High Liner Foods?

Shares of HLF 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 .

TSE:HLF

High Liner Foods (HLF) Stock Price, News & Analysis

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C$13.07

+0.01 (+0.08%)

(As of 05:18 PM ET)

Compare

Today's Range: C$13.00
▼
C$13.20
50-Day Range: C$11.84
▼
C$13.55
52-Week Range: C$10.11
▼
C$15.25

Volume: 8,227 shs
Average Volume: 12,250 shs
Market Capitalization: C$399.03 million

P/E Ratio: 10.37
Dividend Yield: 4.59%
Price Target: C$15.42

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

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High Liner Foods MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 18.0% Upside
C$15.42 Price Target
Short Interest: N/A
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.30
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.71 out of 5 stars

2.0

Analyst's Opinion

Consensus Rating
High Liner Foods has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
High Liner Foods has only been the subject of 2 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for HLF.

2.5

Dividend Strength

Dividend Leadership
High Liner Foods is a leading dividend payer. It pays a dividend yield of 4.51%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
High Liner Foods does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of High Liner Foods is 47.62%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for HLF.

2.9

News and Social Media Coverage

News Sentiment
High Liner Foods has a news sentiment score of 0.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Defensive companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for High Liner Foods this week, compared to 1 article on an average week.
Search Interest
9 people have searched for HLF on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.
MarketBeat Follows
3 people have added High Liner Foods to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, High Liner Foods insiders have not sold or bought any company stock.
Percentage Held by Insiders
40.05% of the stock of High Liner Foods is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 6.55% of the stock of High Liner Foods is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of High Liner Foods is 10.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.94.
Price to Earnings Ratio vs. Sector
The P/E ratio of High Liner Foods is 10.37, which means that it is trading at a less expensive P/E ratio than the Consumer Defensive sector average P/E ratio of about 235.96.
Price to Book Value per Share Ratio
High Liner Foods has a P/B Ratio of 1.12. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About High Liner Foods Stock (TSE:HLF)

High Liner Foods is the leading North American processor and marketer of value-added frozen seafood. Their retail branded products are sold throughout the United States, Canada and Mexico under the High Liner, Fisher Boy, Sea Cuisine and C. Wirthy & Co. labels, and are available in most grocery and club stores. They also sell branded products under the High Liner, Icelandic Seafood, and FPI labels to restaurants and institutions, and are a major supplier of private-label, value-added frozen seafood products to North American food retailers and foodservice distributors.

HLF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

HLF Stock News Headlines

April 12, 2024 | americanbankingnews.com

High Liner Foods (TSE:HLF) Stock Price Crosses Above Two Hundred Day Moving Average of $11.62

April 12, 2024 | americanbankingnews.com

High Liner Foods (TSE:HLF) Stock Price Passes Above 200 Day Moving Average of $11.62

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

March 19, 2024 | finance.yahoo.com

High Liner Foods Incorporated's (TSE:HLF) Intrinsic Value Is Potentially 26% Below Its Share Price

March 12, 2024 | morningstar.com

High Liner Foods Inc

March 6, 2024 | finance.yahoo.com

High Liner Foods Secures Rubicon Settlement Agreement

February 29, 2024 | finance.yahoo.com

High Liner Foods Invests $5 Million in Norcod AS

February 23, 2024 | finance.yahoo.com

High Liner Foods Full Year 2023 Earnings: EPS: US$0.94 (vs US$1.62 in FY 2022)

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

February 21, 2024 | finance.yahoo.com

High Liner Foods Reports Operating Results for the Fourth Quarter and Full Year 2023

February 19, 2024 | finance.yahoo.com

High Liner Foods Inc (28Y.DU)

February 8, 2024 | ca.finance.yahoo.com

High Liner Foods Incorporated (HLF.TO)

February 8, 2024 | wsj.com

High Liner Foods Inc.

February 7, 2024 | finance.yahoo.com

High Liner Foods Q4 2023 Earnings Release and Conference Call Scheduled for Thursday, February 22, 2024 at 10:00 A.M. (ET)

February 6, 2024 | finance.yahoo.com

Is Now The Time To Look At Buying High Liner Foods Incorporated (TSE:HLF)?

January 14, 2024 | finance.yahoo.com

Private companies own 35% of High Liner Foods Incorporated (TSE:HLF) shares but retail investors control 55% of the company

December 20, 2023 | msn.com

High Liner Foods appoints Jewer as CEO

December 20, 2023 | finance.yahoo.com

Paul Jewer Appointed President & Chief Executive Officer of High Liner Foods

December 15, 2023 | finance.yahoo.com

High Liner Foods Amends its Normal Course Issuer Bid

December 9, 2023 | theglobeandmail.com

Canada’s modern slavery act sets the floor, not ceiling, for businesses to ensure ethical supply chains

November 13, 2023 | finance.yahoo.com

Those who invested in High Liner Foods (TSE:HLF) five years ago are up 88%

November 11, 2023 | markets.businessinsider.com

RBC Capital Sticks to Its Hold Rating for High Liner Foods (HLF)

November 8, 2023 | finance.yahoo.com

High Liner Foods Reports Operating Results for the Third Quarter of 2023

November 3, 2023 | msn.com

The Best Canadian Food Stocks in November 2023

October 26, 2023 | finance.yahoo.com

High Liner Foods Q3 2023 Earnings Release and Conference Call Scheduled for Thursday, November 9, 2023 at 10:00 A.M. (ET)

October 22, 2023 | finance.yahoo.com

Positive Signs As Multiple Insiders Buy High Liner Foods Stock

October 17, 2023 | theglobeandmail.com

High Liner Foods: Top 10 Undervalued Consumer Defensive Sector Stocks on TSX (HLF)

See More Headlines

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Company Calendar

Last Earnings: 2/21/2024
Ex-Dividend for 3/15 Dividend: 2/29/2024
Dividend Payable: 3/15/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/21/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Consumer Defensive
Industry: Packaged Foods
Sub-Industry: N/A
Current Symbol: TSE:HLF
CUSIP: N/A
CIK: N/A
Web: www.highlinerfoods.com
Phone: +1-902-6348811
Fax: N/A
Employees: N/A
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$15.42
High Stock Price Target: C$18.25
Low Stock Price Target: C$14.00
Potential Upside/Downside: +18.0%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$1.26
Trailing P/E Ratio: 10.37
Forward P/E Ratio: 7.53
P/E Growth: N/A
Net Income: C$31.68 million
Net Margins: 2.93%
Pretax Margin: N/A
Return on Equity: 8.34%
Return on Assets: 4.65%

Debt

Debt-to-Equity Ratio: 65.71
Current Ratio: 2.55
Quick Ratio: 0.38

Sales & Book Value

Annual Sales: C$1.08 billion
Price / Sales: 0.37
Cash Flow: C$0.09 per share
Price / Cash Flow: 138.61
Book Value: C$11.69 per share
Price / Book: 1.12

Miscellaneous

Outstanding Shares: 30,530,000
Free Float: N/A
Market Cap: C$398.72 million
Optionable: Not Optionable
Beta: 0.87

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Key Executives

Rod Hepponstall
President & Chief Executive Officer
Paul Jewer
Executive Vice President & Chief Financial Officer
Tim Rorabeck
Executive Vice President, Corporate Affairs & General Counsel
Paul Snow
Executive Vice President, Chief Supply Chain Officer
Chris Mulder
Senior Vice President, North American Sales
Craig Murray
Senior Vice President, Marketing & Innovation
Brian Wynn
President Rubicon Resources

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

HLF Stock Analysis - Frequently Asked Questions

Should I buy or sell High Liner Foods stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for High Liner Foods in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" HLF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HLF, but not buy additional shares or sell existing shares.
View HLF analyst ratings or view top-rated stocks.
What is High Liner Foods' stock price target for 2024?: 2 brokers have issued 1-year price targets for High Liner Foods' shares. Their HLF share price targets range from C$14.00 to C$18.25. On average, they expect the company's share price to reach C$15.42 in the next year. This suggests a possible upside of 18.0% from the stock's current price.
View analysts price targets for HLF or view top-rated stocks among Wall Street analysts.
How have HLF shares performed in 2024?: High Liner Foods' stock was trading at C$11.82 at the beginning of the year. Since then, HLF shares have increased by 10.6% and is now trading at C$13.07.
View the best growth stocks for 2024 here.
When is High Liner Foods' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 21st 2024.
View our HLF earnings forecast.
How were High Liner Foods' earnings last quarter?: High Liner Foods Inc (TSE:HLF) issued its quarterly earnings results on Wednesday, February, 21st. The company reported $0.31 earnings per share for the quarter, topping analysts' consensus estimates of $0.30 by $0.01. The business had revenue of $322.85 million for the quarter, compared to analysts' expectations of $321.95 million. High Liner Foods had a trailing twelve-month return on equity of 8.34% and a net margin of 2.93%.

How often does High Liner Foods pay dividends? What is the dividend yield for High Liner Foods?: High Liner Foods declared a quarterly dividend on Wednesday, February 21st. Shareholders of record on Friday, March 1st will be given a dividend of 0.15 per share on Friday, March 15th. This represents a $0.60 annualized dividend and a yield of 4.59%. The ex-dividend date is Thursday, February 29th.
Read our dividend analysis for HLF.
Is High Liner Foods a good dividend stock?: High Liner Foods (TSE:HLF) pays an annual dividend of C$0.60 per share and currently has a dividend yield of 4.51%. HLF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 47.62%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for HLF.
What other stocks do shareholders of High Liner Foods own?: Based on aggregate information from My MarketBeat watchlists, some companies that other High Liner Foods investors own include Whitecap Resources (WCP), AltaGas (ALA), BCE (BCE), Enbridge (ENB), Veresen (VSN), Aurora Cannabis (ACB), Canadian National Railway (CNR), Manulife Financial (MFC), Teck Resources (TECK.B) and AGT Food and Ingredients (AGT).
How do I buy shares of High Liner Foods?: Shares of HLF 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.

This page (TSE:HLF) was last updated on 4/18/2024 by MarketBeat.com Staff

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High Liner Foods (HLF) Stock Price, News & Analysis

High Liner Foods MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About High Liner Foods Stock (TSE:HLF)

HLF Stock Price History

HLF Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

HLF Stock Analysis - Frequently Asked Questions

Overall MarketRank^™