TSE:KBL K-Bro Linen (KBL) Stock Forecast, Price & News C$31.75 +0.68 (+2.19%) (As of 09/29/2023 ET) Add Compare Share Share Today's RangeC$31.05▼C$31.7550-Day RangeC$31.07▼C$35.6052-Week RangeC$26.53▼C$35.60Volume6,338 shsAverage Volume7,006 shsMarket CapitalizationC$341.95 millionP/E Ratio36.49Dividend Yield3.78%Price TargetC$41.25 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsHeadlinesSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsHeadlinesSocial Media About K-Bro Linen (TSE:KBL) StockK-Bro Linen Inc., together with its subsidiaries, provides laundry and linen services to healthcare institutions, hotels, and other commercial organizations in Canada and the United Kingdom. Its services include processing, management, and distribution of general and operating room linens, such as sheets, blankets, towels, surgical gowns, tablecloths, and drapes and other linens. The company also offers other services, including bulk dock-to-dock, exchange cart preparation, cart delivery, surgical linen, distribution and control of employee uniforms, personal clothing, customer reporting, customer service visiting, and textile procurement services. In addition, it provides linen rental, workwear hire, and cleanroom garment services. K-Bro Linen Inc. was founded in 1954 and is headquartered in Edmonton, Canada.Read More KBL Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart KBL Stock News HeadlinesSeptember 15, 2023 | seekingalpha.comK-Bro Linen declares CAD 0.01 dividendSeptember 15, 2023 | finance.yahoo.comK-Bro Declares September 2023 DividendSeptember 30, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.September 12, 2023 | finance.yahoo.comDoes K-Bro Linen (TSE:KBL) Deserve A Spot On Your Watchlist?August 6, 2023 | finance.yahoo.comHere's What To Make Of K-Bro Linen's (TSE:KBL) Decelerating Rates Of ReturnJuly 26, 2023 | finance.yahoo.comK-Bro Announces Release Date, Conference Call and Webcast for Q2 2023 Financial ResultsJuly 14, 2023 | finance.yahoo.comK-Bro Declares July 2023 DividendJuly 10, 2023 | finance.yahoo.comAre Investors Undervaluing K-Bro Linen Inc. (TSE:KBL) By 47%?September 30, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.May 18, 2023 | msn.comK-Bro Linen (KBRLF) Declares $0.10 DividendMay 17, 2023 | finance.yahoo.comK-Bro Linen First Quarter 2023 Earnings: Beats ExpectationsMay 15, 2023 | finance.yahoo.comK-BRO DELIVERS SIGNIFICANT INCREASE IN REVENUE, EBITDA AND MARGINS IN Q1 2023May 10, 2023 | finance.yahoo.comCan K-Bro Linen Inc.'s (TSE:KBL) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?May 9, 2023 | finance.yahoo.comK-Bro Announces 2023 Annual General MeetingMay 2, 2023 | finance.yahoo.com/C O R R E C T I O N -- K-Bro Linen Inc./May 1, 2023 | finance.yahoo.comK-BRO ANNOUNCES RELEASE DATE, CONFERENCE CALL AND WEBCAST FOR Q1 2023 FINANCIAL RESULTSApril 10, 2023 | finance.yahoo.comK-Bro Linen (TSE:KBL) investors are sitting on a loss of 5.5% if they invested five years agoMarch 15, 2023 | finance.yahoo.comK-BRO DECLARES MARCH 2023 DIVIDENDMarch 2, 2023 | finance.yahoo.comK-Bro Announces closing of Paranet acquisitionFebruary 27, 2023 | finance.yahoo.comK-Bro Announces Release Date, Conference Call and Webcast for Q4 2022 Financial ResultsJanuary 18, 2023 | finance.yahoo.comK-Bro Linen Inc. (TSE:KBL) Shares Could Be 23% Below Their Intrinsic Value EstimateJanuary 14, 2023 | finance.yahoo.comK-Bro Declares January 2023 DividendNovember 14, 2022 | finance.yahoo.comAre Poor Financial Prospects Dragging Down K-Bro Linen Inc. (TSE:KBL Stock?November 9, 2022 | finance.yahoo.comK-BRO DELIVERS Q3 2022 RESULTS WITH CONTINUED STRONG RECOVERY IN HOSPITALITY REVENUEOctober 21, 2022 | nz.finance.yahoo.comThe past five years for K-Bro Linen (TSE:KBL) investors has not been profitableOctober 14, 2022 | finance.yahoo.comK-BRO DECLARES OCTOBER 2022 DIVIDENDOctober 13, 2022 | americanbankingnews.comK-Bro Linen Inc. (TSE:KBL) Given Average Recommendation of "Moderate Buy" by BrokeragesSee More Headlines Receive KBL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for K-Bro Linen and its competitors with MarketBeat's FREE daily newsletter. Email Address KBL Company Calendar Last Earnings8/08/2023Ex-Dividend for 9/15 Dividend8/30/2023Dividend Payable9/15/2023Ex-Dividend for 10/13 Dividend9/28/2023Today9/30/2023Dividend Payable10/13/2023Next Earnings (Estimated)11/08/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Specialty Business Services Sub-IndustryN/A SectorIndustrials Current SymbolTSE:KBL CUSIPN/A CIKN/A Webwww.k-brolinen.com Phone+1-780-4535218FaxN/AEmployees2,820Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$41.25 High Stock Price ForecastC$45.00 Low Stock Price ForecastC$36.00 Forecasted Upside/Downside+29.9%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.87 Trailing P/E Ratio36.49 Forward P/E Ratio15.82 P/E Growth3.5Net IncomeC$9.43 million Net Margins3.19% Pretax MarginN/A Return on Equity5.34% Return on Assets3.47% Debt Debt-to-Equity Ratio66.02 Current Ratio1.93 Quick Ratio0.87 Sales & Book Value Annual SalesC$295.83 million Price / Sales1.16 Cash FlowC$0.18 per share Price / Cash Flow181.25 Book ValueC$16.46 per share Price / Book1.93Miscellaneous Outstanding Shares10,770,000Free FloatN/AMarket CapC$341.95 million OptionableNot Optionable Beta1.10 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMs. Linda Jane McCurdy M.B.A. (Age 55)MBA, Pres, CEO & Director Comp: $1.31MMs. Kristie L. Plaquin C.A.CPA, CPA, CA, Chief Financial OfficerMr. Sean P. CurtisSr. VP, COO & GMMr. Ryo UtaharaExec. DirectorMr. Michael W. JonesManaging Director of Fishers Services LimitedMr. Timothy Douglas BrunsPres of Unitrin SpecialtyMr. Ronald J. GrahamGen. Mang. of Vancouver PlantMr. Jeffrey R. GannonGen. Mang. of Calgary PlantMr. Kevin J. StephensonGen. Mang. of TorontoMr. Ronald Edward Greco FCASMAAA, VP & Corp. Actuary of Unitrin Services CompanyMore ExecutivesKey CompetitorsDexterra GroupTSE:DXTInformation ServicesTSE:ISVDATA Communications ManagementTSE:DCMGDI Integrated Facility ServicesTSE:GDICalian GroupTSE:CGYView All Competitors KBL Stock - Frequently Asked Questions Should I buy or sell K-Bro Linen stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for K-Bro Linen in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" KBL shares. View KBL analyst ratings or view top-rated stocks. What is K-Bro Linen's stock price forecast for 2023? 3 Wall Street research analysts have issued 1-year target prices for K-Bro Linen's stock. Their KBL share price forecasts range from C$36.00 to C$45.00. On average, they predict the company's share price to reach C$41.25 in the next year. This suggests a possible upside of 29.9% from the stock's current price. View analysts price targets for KBL or view top-rated stocks among Wall Street analysts. How have KBL shares performed in 2023? K-Bro Linen's stock was trading at C$27.30 on January 1st, 2023. Since then, KBL shares have increased by 16.3% and is now trading at C$31.75. View the best growth stocks for 2023 here. When is K-Bro Linen's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023. View our KBL earnings forecast. How were K-Bro Linen's earnings last quarter? K-Bro Linen Inc. (TSE:KBL) issued its quarterly earnings results on Tuesday, August, 8th. The company reported $0.44 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.32 by $0.12. The business had revenue of $80.75 million for the quarter, compared to analysts' expectations of $77.68 million. K-Bro Linen had a net margin of 3.19% and a trailing twelve-month return on equity of 5.34%. How often does K-Bro Linen pay dividends? What is the dividend yield for K-Bro Linen? K-Bro Linen announced a monthly dividend on Friday, September 15th. Investors of record on Saturday, September 30th will be given a dividend of 0.10 per share on Friday, October 13th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.78%. The ex-dividend date of this dividend is Thursday, September 28th. Read our dividend analysis for KBL. Is K-Bro Linen a good dividend stock? K-Bro Linen (TSE:KBL) pays an annual dividend of C$1.20 per share and currently has a dividend yield of 3.86%. The dividend payout ratio is 137.93%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for KBL. What other stocks do shareholders of K-Bro Linen own? Based on aggregate information from My MarketBeat watchlists, some companies that other K-Bro Linen investors own include Walt Disney (DIS), Mastercard (MA), Broadcom (AVGO), Bank of Nova Scotia (BNS), Visa (V), Verizon Communications (VZ), Cargojet (CJT), Canadian National Railway (CNR), Enterprise Products Partners (EPD) and Home Depot (HD). What is K-Bro Linen's stock symbol? K-Bro Linen trades on the Toronto Stock Exchange (TSX) under the ticker symbol "KBL." How do I buy shares of K-Bro Linen? Shares of KBL 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 K-Bro Linen's stock price today? One share of KBL stock can currently be purchased for approximately C$31.75. How much money does K-Bro Linen make? K-Bro Linen (TSE:KBL) has a market capitalization of C$341.95 million and generates C$295.83 million in revenue each year. The company earns C$9.43 million in net income (profit) each year or C$0.87 on an earnings per share basis. How many employees does K-Bro Linen have? The company employs 2,820 workers across the globe. How can I contact K-Bro Linen? K-Bro Linen's mailing address is 14903 137 Ave NW, EDMONTON, AB T5V 1R9, Canada. The official website for the company is www.k-brolinen.com. The company can be reached via phone at +1-780-4535218. This page (TSE:KBL) was last updated on 9/30/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding K-Bro Linen Inc. 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