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China's 1st domestically made passenger plane completes maiden commercial flight
Introducing MarketBeat All Access (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
Biden and GOP rush to complete debt ceiling deal, shore up support to prevent default
66,000% upside on tiny biotech? (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
Introducing MarketBeat All Access (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
Biden and GOP rush to complete debt ceiling deal, shore up support to prevent default
66,000% upside on tiny biotech? (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
Introducing MarketBeat All Access (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
Biden and GOP rush to complete debt ceiling deal, shore up support to prevent default
66,000% upside on tiny biotech? (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
TSE:KBL

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

C$30.64
-0.11 (-0.36%)
(As of 05/26/2023 ET)
Compare
Today's Range
C$30.46
C$30.79
50-Day Range
C$26.95
C$31.40
52-Week Range
C$26.53
C$33.50
Volume
7,793 shs
Average Volume
9,478 shs
Market Capitalization
C$329.99 million
P/E Ratio
85.11
Dividend Yield
3.92%
Price Target
C$39.00

K-Bro Linen MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
27.3% Upside
C$39.00 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
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.

2.09 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, 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.

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KBL Stock News Headlines

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There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.
Cormark Raises K-Bro Linen (TSE:KBL) Price Target to C$42.00
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K-Bro Announces 2023 Annual General Meeting
/C O R R E C T I O N -- K-Bro Linen Inc./
K-Bro Linen (TSE:KBL) Cut to Outperform at Raymond James
K-Bro Linen (TSE:KBL) PT Lowered to C$37.00
K-BRO DECLARES MARCH 2023 DIVIDEND
K-Bro Announces closing of Paranet acquisition
See More Headlines
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KBL Company Calendar

Last Earnings
3/21/2023
Ex-Dividend for 5/15 Dividend
4/27/2023
Dividend Payable
5/15/2023
Today
5/28/2023
Ex-Dividend for 6/15 Dividend
5/30/2023
Dividend Payable
6/15/2023
Next Earnings (Estimated)
8/14/2023

Industry, Sector and Symbol

Industry
Business Services
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
2,550
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$39.00
High Stock Price Forecast
C$45.00
Low Stock Price Forecast
C$34.50
Forecasted Upside/Downside
+27.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
C$6.35 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$285.97 million
Cash Flow
C$0.17 per share
Book Value
C$16.54 per share

Miscellaneous

Free Float
N/A
Market Cap
C$329.99 million
Optionable
Not Optionable
Beta
1.18

Key Executives

  • Ms. Linda Jane McCurdy M.B.A. (Age 55)
    MBA, Pres, CEO & Director
    Comp: $1.27M
  • Ms. Kristie L. Plaquin C.A.
    CPA, CPA, CA, Chief Financial Officer
  • Mr. Sean P. Curtis
    Sr. VP, COO & GM
  • Mr. Sean L. Jackson
    Gen. Mang. of Regina
  • 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
  • Ms. Jessica Lévesque
    Director Général of Quebec













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 "buy" KBL shares.
View KBL analyst ratings
or view top-rated stocks.

What is K-Bro Linen's stock price forecast for 2023?

3 analysts have issued 12-month price objectives for K-Bro Linen's stock. Their KBL share price forecasts range from C$34.50 to C$45.00. On average, they expect the company's stock price to reach C$39.00 in the next year. This suggests a possible upside of 27.3% 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 stock has increased by 12.2% and is now trading at C$30.64.
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 Monday, August 14th 2023.
View our KBL earnings forecast
.

How were K-Bro Linen's earnings last quarter?

K-Bro Linen Inc. (TSE:KBL) released its earnings results on Tuesday, March, 21st. The company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.27 by $0.24. The business earned $70.67 million during the quarter, compared to the consensus estimate of $69.09 million. K-Bro Linen had a trailing twelve-month return on equity of 3.55% and a net margin of 2.22%.

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 Monday, May 15th. Shareholders of record on Wednesday, May 31st will be paid a dividend of 0.10 per share on Thursday, June 15th. This represents a $1.20 dividend on an annualized basis and a yield of 3.92%. The ex-dividend date is Tuesday, May 30th.
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 3.82%. The dividend payout ratio is 333.33%. 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$30.64.

How much money does K-Bro Linen make?

K-Bro Linen (TSE:KBL) has a market capitalization of C$329.99 million and generates C$285.97 million in revenue each year. The company earns C$6.35 million in net income (profit) each year or C$0.36 on an earnings per share basis.

How many employees does K-Bro Linen have?

The company employs 2,550 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 5/28/2023 by MarketBeat.com Staff

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