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Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
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S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
3 Reasons This Sleeping Giant Is About To Wake Up
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
This Stock Could Go Up 66% or More. (Ad)
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
This Stock Could Go Up 66% or More. (Ad)
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Ukraine targets a key Crimean city a day after striking Russia's Black Sea Fleet headquarters
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
3 Reasons This Sleeping Giant Is About To Wake Up
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
This Stock Could Go Up 66% or More. (Ad)
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
This Stock Could Go Up 66% or More. (Ad)
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Ukraine targets a key Crimean city a day after striking Russia's Black Sea Fleet headquarters
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
3 Reasons This Sleeping Giant Is About To Wake Up
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
This Stock Could Go Up 66% or More. (Ad)
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
This Stock Could Go Up 66% or More. (Ad)
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Ukraine targets a key Crimean city a day after striking Russia's Black Sea Fleet headquarters
TSE:KBL

K-Bro Linen (KBL) Stock Forecast, Price & News

C$33.12
+0.68 (+2.10%)
(As of 09/22/2023 ET)
Compare
Today's Range
C$32.50
C$33.14
50-Day Range
C$32.44
C$35.60
52-Week Range
C$26.53
C$35.60
Volume
1,204 shs
Average Volume
7,101 shs
Market Capitalization
C$356.70 million
P/E Ratio
38.07
Dividend Yield
3.62%
Price Target
C$41.25

K-Bro Linen MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
24.5% Upside
C$41.25 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.84mentions of K-Bro Linen in the last 14 days
Based on 2 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.

1.73 out of 5 stars


KBL stock logo

About K-Bro Linen (TSE:KBL) Stock

K-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.

KBL Price History

KBL Stock News Headlines

K-Bro Linen declares CAD 0.01 dividend
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk
I recently traveled more than 3,000 miles and shot this video outside what could end up being Elon Musk’s biggest secret. Most people don’t know about this facility, but it could be the most important AI project in the world. What’s happening inside these walls is so important that our government has declared it a matter of national security.
K-Bro Declares September 2023 Dividend
Does K-Bro Linen (TSE:KBL) Deserve A Spot On Your Watchlist?
K-Bro Declares July 2023 Dividend
The single greatest medical breakthrough of all time?
We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.
K-Bro Announces 2023 Annual General Meeting
/C O R R E C T I O N -- K-Bro Linen Inc./
K-BRO DECLARES MARCH 2023 DIVIDEND
K-Bro Announces closing of Paranet acquisition
K-Bro Declares January 2023 Dividend
K-BRO DECLARES OCTOBER 2022 DIVIDEND
See More Headlines
Receive KBL Stock News and Ratings via Email

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KBL Company Calendar

Last Earnings
8/08/2023
Ex-Dividend for 9/15 Dividend
8/30/2023
Dividend Payable
9/15/2023
Today
9/23/2023
Ex-Dividend for 10/13 Dividend
9/28/2023
Dividend Payable
10/13/2023
Next Earnings (Estimated)
11/08/2023

Industry, Sector and Symbol

Industry
Specialty Business Services
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
2,820
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$41.25
High Stock Price Forecast
C$45.00
Low Stock Price Forecast
C$36.00
Forecasted Upside/Downside
+24.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
C$9.43 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$295.83 million
Cash Flow
C$0.18 per share
Book Value
C$16.46 per share

Miscellaneous

Free Float
N/A
Market Cap
C$356.70 million
Optionable
Not Optionable
Beta
1.10
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Key Executives

  • Ms. Linda Jane McCurdy M.B.A. (Age 55)
    MBA, Pres, CEO & Director
    Comp: $1.31M
  • Ms. Kristie L. Plaquin C.A.
    CPA, CPA, CA, Chief Financial Officer
  • Mr. Sean P. Curtis
    Sr. VP, COO & GM
  • Mr. Ryo Utahara
    Exec. Director
  • Mr. Michael W. Jones
    Managing Director of Fishers Services Limited
  • Mr. Timothy Douglas Bruns
    Pres of Unitrin Specialty
  • Mr. Ronald J. Graham
    Gen. Mang. of Vancouver Plant
  • Mr. Jeffrey R. Gannon
    Gen. Mang. of Calgary Plant
  • Mr. Kevin J. Stephenson
    Gen. Mang. of Toronto
  • Mr. Ronald Edward Greco FCAS
    MAAA, VP & Corp. Actuary of Unitrin Services Company













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 brokerages have issued 1 year price targets 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 twelve months. This suggests a possible upside of 24.5% 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 at the beginning of the year. Since then, KBL shares have increased by 21.3% and is now trading at C$33.12.
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 earnings results on Tuesday, August, 8th. The company reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.12. The company earned $80.75 million during the quarter, compared to the consensus estimate 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 declared a monthly dividend on Friday, September 15th. Stockholders 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 yield of 3.62%. 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 3.64%. 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$33.12.

How much money does K-Bro Linen make?

K-Bro Linen (TSE:KBL) has a market capitalization of C$356.70 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 9/24/2023 by MarketBeat.com Staff

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