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S&P 500   4,320.06
DOW   33,963.84
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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
ProfileAnalyst RatingsChartCompetitorsDividendEarningsHeadlinesSocial Media

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

See Top Rated MarketRank™ Stocks Here

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

September 19, 2023 | americanbankingnews.com
K-Bro Linen (TSE:KBL) Shares Cross Above 200-Day Moving Average of $31.41
September 15, 2023 | seekingalpha.com
K-Bro Linen declares CAD 0.01 dividend
September 24, 2023 | Legacy Research (Ad)
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September 15, 2023 | finance.yahoo.com
K-Bro Declares September 2023 Dividend
September 12, 2023 | finance.yahoo.com
Does K-Bro Linen (TSE:KBL) Deserve A Spot On Your Watchlist?
August 6, 2023 | finance.yahoo.com
Here's What To Make Of K-Bro Linen's (TSE:KBL) Decelerating Rates Of Return
July 26, 2023 | finance.yahoo.com
K-Bro Announces Release Date, Conference Call and Webcast for Q2 2023 Financial Results
July 14, 2023 | finance.yahoo.com
K-Bro Declares July 2023 Dividend
September 24, 2023 | Behind the Markets (Ad)
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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.
July 10, 2023 | finance.yahoo.com
Are Investors Undervaluing K-Bro Linen Inc. (TSE:KBL) By 47%?
May 18, 2023 | msn.com
K-Bro Linen (KBRLF) Declares $0.10 Dividend
May 17, 2023 | finance.yahoo.com
K-Bro Linen First Quarter 2023 Earnings: Beats Expectations
May 15, 2023 | finance.yahoo.com
K-BRO DELIVERS SIGNIFICANT INCREASE IN REVENUE, EBITDA AND MARGINS IN Q1 2023
May 10, 2023 | finance.yahoo.com
Can 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.com
K-Bro Announces 2023 Annual General Meeting
May 2, 2023 | finance.yahoo.com
/C O R R E C T I O N -- K-Bro Linen Inc./
May 1, 2023 | finance.yahoo.com
K-BRO ANNOUNCES RELEASE DATE, CONFERENCE CALL AND WEBCAST FOR Q1 2023 FINANCIAL RESULTS
April 10, 2023 | finance.yahoo.com
K-Bro Linen (TSE:KBL) investors are sitting on a loss of 5.5% if they invested five years ago
March 15, 2023 | finance.yahoo.com
K-BRO DECLARES MARCH 2023 DIVIDEND
March 2, 2023 | finance.yahoo.com
K-Bro Announces closing of Paranet acquisition
February 27, 2023 | finance.yahoo.com
K-Bro Announces Release Date, Conference Call and Webcast for Q4 2022 Financial Results
January 18, 2023 | finance.yahoo.com
K-Bro Linen Inc. (TSE:KBL) Shares Could Be 23% Below Their Intrinsic Value Estimate
January 14, 2023 | finance.yahoo.com
K-Bro Declares January 2023 Dividend
November 14, 2022 | finance.yahoo.com
Are Poor Financial Prospects Dragging Down K-Bro Linen Inc. (TSE:KBL Stock?
November 9, 2022 | finance.yahoo.com
K-BRO DELIVERS Q3 2022 RESULTS WITH CONTINUED STRONG RECOVERY IN HOSPITALITY REVENUE
October 21, 2022 | nz.finance.yahoo.com
The past five years for K-Bro Linen (TSE:KBL) investors has not been profitable
October 14, 2022 | finance.yahoo.com
K-BRO DECLARES OCTOBER 2022 DIVIDEND
See More Headlines
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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
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
TSE
Industry
Specialty Business Services
Sub-Industry
N/A
Sector
Industrials
Current Symbol
TSE:KBL
CUSIP
N/A
CIK
N/A
Web
www.k-brolinen.com
Phone
+1-780-4535218
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

EPS (Most Recent Fiscal Year)
C$0.87
Trailing P/E Ratio
38.07
Forward P/E Ratio
16.70
P/E Growth
3.5
Net Income
C$9.43 million
Net Margins
3.19%
Pretax Margin
N/A
Return on Equity
5.34%
Return on Assets
3.47%

Debt

Debt-to-Equity Ratio
66.02
Current Ratio
1.93
Quick Ratio
0.87

Sales & Book Value

Annual Sales
C$295.83 million
Price / Sales
1.21
Cash Flow
C$0.18 per share
Price / Cash Flow
181.25
Book Value
C$16.46 per share
Price / Book
2.01

Miscellaneous

Outstanding Shares
10,770,000
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

Key Competitors

View 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 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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