S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Critical asset just had biggest fall on record (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Critical asset just had biggest fall on record (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Critical asset just had biggest fall on record (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Critical asset just had biggest fall on record (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands
TSE:KBL

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

C$34.00
+0.36 (+1.07%)
(As of 02/29/2024 ET)
Today's Range
C$33.77
C$34.44
50-Day Range
C$31.90
C$35.19
52-Week Range
C$26.90
C$35.70
Volume
1,220 shs
Average Volume
5,288 shs
Market Capitalization
C$363.46 million
P/E Ratio
26.98
Dividend Yield
3.53%
Price Target
C$40.50

K-Bro Linen MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
19.1% Upside
C$40.50 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.30mentions of K-Bro Linen in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
C$1.53 M Sold Last Quarter
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


KBL stock logo

About K-Bro Linen Stock (TSE:KBL)

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 Stock Price History

KBL Stock News Headlines

K-Bro Declares January 2024 Dividend
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
K-Bro Linen Inc KBL
KBL:CA K-Bro Linen Inc.
K-Bro Releases Inaugural Sustainability Report
K-Bro Declares December 2023 Dividend
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
K-BRO REPORTS Q3 RESULTS WITH RECORD REVENUE AND EBITDA
Stocks in play: K-Bro Linen Inc.
K-Bro Linen declares CAD 0.01 dividend
K-Bro Declares September 2023 Dividend
Does K-Bro Linen (TSE:KBL) Deserve A Spot On Your Watchlist?
K-Bro Declares July 2023 Dividend
K-Bro Announces 2023 Annual General Meeting
/C O R R E C T I O N -- K-Bro Linen Inc./
See More Headlines
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Company Calendar

Ex-Dividend for 2/15 Dividend
1/30/2024
Dividend Payable
2/15/2024
Ex-Dividend for 3/15 Dividend
2/28/2024
Today
3/01/2024
Dividend Payable
3/15/2024
Next Earnings (Confirmed)
3/21/2024

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 Target
C$40.50
High Stock Price Target
C$44.00
Low Stock Price Target
C$36.00
Potential Upside/Downside
+19.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
C$13.64 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$309.09 million
Cash Flow
C$0.19 per share
Book Value
C$16.63 per share

Miscellaneous

Free Float
N/A
Market Cap
C$363.46 million
Optionable
Not Optionable
Beta
1.12
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Key Executives

  • Ms. Linda Jane McCurdy M.B.A. (Age 56)
    President, CEO & Director
    Comp: $1.31M
  • Ms. Kristie L. Plaquin C.A.
    CPA, Chief Financial Officer
  • Mr. Sean P. Curtis
    Senior VP, COO & GM
  • Mr. Ryo Utahara
    Executive Director
  • Mr. Michael W. Jones
    Managing Director of Fishers Services Limited
  • Mr. Timothy Douglas Bruns
    President of Unitrin Specialty
  • Mr. Ronald J. Graham
    General Manager of Vancouver Plant
  • Mr. Jeffrey R. Gannon
    General Manager of Calgary Plant
  • Mr. Kevin J. Stephenson
    General Manager of Toronto
  • Mr. Ronald Edward Greco FCAS
    MAAA, VP & Corporate Actuary of Unitrin Services Company














KBL Stock Analysis - Frequently Asked Questions

Should I buy or sell K-Bro Linen stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for K-Bro Linen in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" KBL shares.
View KBL analyst ratings
or view top-rated stocks.

What is K-Bro Linen's stock price target for 2024?

2 Wall Street analysts have issued 1-year price objectives for K-Bro Linen's stock. Their KBL share price targets range from C$36.00 to C$44.00. On average, they expect the company's share price to reach C$40.50 in the next year. This suggests a possible upside of 19.1% 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 2024?

K-Bro Linen's stock was trading at C$33.00 at the beginning of the year. Since then, KBL shares have increased by 3.0% and is now trading at C$34.00.
View the best growth stocks for 2024 here
.

When is K-Bro Linen's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 21st 2024.
View our KBL earnings forecast
.

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 Thursday, February 15th. Shareholders of record on Thursday, February 29th will be paid a dividend of 0.10 per share on Friday, March 15th. This represents a $1.20 dividend on an annualized basis and a yield of 3.53%. The ex-dividend date is Wednesday, February 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 3.55%. The dividend payout ratio is 95.24%. 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).

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.

This page (TSE:KBL) was last updated on 3/1/2024 by MarketBeat.com Staff