Should I buy or sell Linamar stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Linamar in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" LNR shares. View LNR analyst ratings or view top-rated stocks .

What is Linamar's stock price target for 2024?

5 Wall Street research analysts have issued 1-year target prices for Linamar's stock. Their LNR share price targets range from C$70.00 to C$91.50. On average, they expect the company's share price to reach C$82.50 in the next twelve months. This suggests a possible upside of 26.5% from the stock's current price. View analysts price targets for LNR or view top-rated stocks among Wall Street analysts .

How have LNR shares performed in 2024?

Linamar's stock was trading at C$64.02 at the start of the year. Since then, LNR stock has increased by 1.9% and is now trading at C$65.22. View the best growth stocks for 2024 here .

When is Linamar's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our LNR earnings forecast .

How were Linamar's earnings last quarter?

Linamar Co. (TSE:LNR) released its earnings results on Wednesday, March, 6th. The company reported $1.98 earnings per share for the quarter, beating analysts' consensus estimates of $1.75 by $0.23. The company earned $2.45 billion during the quarter, compared to analysts' expectations of $2.40 billion. Linamar had a trailing twelve-month return on equity of 9.93% and a net margin of 5.17%.

How often does Linamar pay dividends? What is the dividend yield for Linamar?

Linamar declared a quarterly dividend on Wednesday, March 6th. Investors of record on Thursday, March 28th will be given a dividend of 0.25 per share on Monday, April 15th. This represents a $1.00 annualized dividend and a yield of 1.53%. The ex-dividend date is Wednesday, March 27th. This is a boost from the stock's previous quarterly dividend of C$0.22. Read our dividend analysis for LNR .

Is Linamar a good dividend stock?

Linamar (TSE:LNR) pays an annual dividend of C$1.00 per share and currently has a dividend yield of 1.39%. The dividend payout ratio is 12.24%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for LNR .

What other stocks do shareholders of Linamar own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Linamar investors own include Magna International (MG) , Canadian National Railway (CNR) , Martinrea International (MRE) , Air Canada (AC) , Toronto-Dominion Bank (TD) , BlackBerry (BB) , Dollarama (DOL) , CGI (GIB.A) , National Bank of Canada (NA) and Alimentation Couche-Tard (ATD.B) .

How do I buy shares of Linamar?

Shares of LNR 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 .

TSE:LNR

Linamar (LNR) Stock Price, News & Analysis

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Free LNR Stock Alerts

C$65.17

-0.98 (-1.48%)

(As of 05:13 PM ET)

Compare

Today's Range: C$64.75
▼
C$65.81
50-Day Range: C$63.18
▼
C$72.20
52-Week Range: C$56.78
▼
C$78.89

Volume: 48,636 shs
Average Volume: 85,631 shs
Market Capitalization: C$4.01 billion

P/E Ratio: 7.98
Dividend Yield: 1.53%
Price Target: C$82.50

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Get Linamar alerts:

Linamar MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.80 Rating Score
Upside/Downside: 26.5% Upside
C$82.50 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.53
Based on 2 Articles This Week
Insider Trading: Selling Shares
C$139,882 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.

3.95 out of 5 stars

3.4

Analyst's Opinion

Consensus Rating
Linamar has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Linamar has only been the subject of 2 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for LNR.

1.7

Dividend Strength

Dividend Yield
Linamar pays a meaningful dividend of 1.39%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Linamar does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Linamar is 12.24%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for LNR.

3.6

News and Social Media Coverage

News Sentiment
Linamar has a news sentiment score of 0.53. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.37 average news sentiment score of Consumer Cyclical companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Linamar this week, compared to 1 article on an average week.
Search Interest
2 people have searched for LNR on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
MarketBeat Follows
2 people have added Linamar to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Linamar insiders have sold 241.35% more of their company's stock than they have bought. Specifically, they have bought C$40,979.00 in company stock and sold C$139,882.00 in company stock.
Percentage Held by Insiders
35.92% of the stock of Linamar is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 20.77% of the stock of Linamar is held by institutions.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Linamar is 7.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.49.
Price to Earnings Ratio vs. Sector
The P/E ratio of Linamar is 7.98, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 344.79.
Price to Earnings Growth Ratio
Linamar has a PEG Ratio of 1.12. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Linamar has a P/B Ratio of 0.75. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Linamar Stock (TSE:LNR)

Linamar Corporation, together with its subsidiaries, produces engineered products in Canada, Europe, the Asia Pacific, and rest of North America. It operates through two segments, Mobility and Industrial. The Mobility segment focuses on light metal casting, forging, machining, and assembly for electrified powered vehicle markets. It also focuses on components and systems for new energy powertrains, body and chassis, driveline, engine, and transmission systems of vehicles. The Industrial segment manufactures scissor, boom, and telehandler lifts for the aerial work platform industry. This segment also manufactures draper headers and self-propelled windrowers for the agricultural harvesting industry, as well as supplies farm tillage and crop fertilizer applicator equipment. The company was founded in 1964 and is headquartered in Guelph, Canada.

LNR Stock Price History

30 days | 90 days | 365 days | Advanced Chart

LNR Stock News Headlines

April 5, 2024 | insidertrades.com

Linamar Co. (TSE:LNR) Senior Officer Buys C$40,978.98 in Stock

April 12, 2024 | americanbankingnews.com

Linamar (TSE:LNR) Stock Price Crosses Above 200 Day Moving Average of $64.46

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

April 8, 2024 | finance.yahoo.com

Should You Be Adding Linamar (TSE:LNR) To Your Watchlist Today?

April 7, 2024 | americanbankingnews.com

Linamar Co. (TSE:LNR) Senior Officer Purchases C$40,978.98 in Stock

April 2, 2024 | msn.com

TFSA Investors: These 3 Stocks Are About as Cheap as They Come!

March 25, 2024 | finance.yahoo.com

Linamar Corporation (TSE:LNR) Shares Could Be 37% Below Their Intrinsic Value Estimate

March 20, 2024 | seekingalpha.com

Linamar: Positive 2024 Growth Outlook In Its Mobility And Industrial Segment

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

March 12, 2024 | msn.com

This Growth Stock is Down 9%: Buy, Sell, or Hold?

March 8, 2024 | finance.yahoo.com

Linamar Full Year 2023 Earnings: EPS: CA$8.18 (vs CA$6.67 in FY 2022)

March 7, 2024 | msn.com

Linamar shares up more than 11 per cent after company reports higher earnings, sales

March 7, 2024 | msn.com

Linamar reports Q4 results

March 6, 2024 | msn.com

Linamar Corp. earns $104.4 million in fourth quarter as sales rise to $2.5 billion

February 6, 2024 | finance.yahoo.com

Should You Investigate Linamar Corporation (TSE:LNR) At CA$64.19?

February 1, 2024 | finance.yahoo.com

Linamar Completes Acquisition of Bourgault Industries Ltd., Solidifying its Position as a Leading Agriculture Shortline Equipment Manufacturer

January 30, 2024 | theglobeandmail.com

I Just Pulled My Free Credit Report for a Year-End Review. Here's How Long the Process Took

December 21, 2023 | finanznachrichten.de

Linamar Corporation: Linamar Acquires Seeding Expert Bourgault Industries, Significantly Bolstering its Agriculture Business

December 21, 2023 | theglobeandmail.com

Market movers: Stocks seeing action on Thursday Dec. 21 - and why

December 21, 2023 | finance.yahoo.com

Canadian Investment Regulatory Organization Trade Resumption - LNR

December 20, 2023 | theglobeandmail.com

Linamar to buy agriculture equipment manufacturer Bourgault Industries in $640-million deal

November 29, 2023 | finance.yahoo.com

Despite recent sales, Linamar Corporation (TSE:LNR) insiders still hold the largest share with a 34% interest

November 28, 2023 | seekingalpha.com

LNR:CA Dividend Yield Grade

November 19, 2023 | morningstar.com

Linamar Corp LNR

November 13, 2023 | finance.yahoo.com

The five-year decline in earnings might be taking its toll on Linamar (TSE:LNR) shareholders as stock falls 8.5% over the past week

November 8, 2023 | msn.com

Linamar reports net income of $146.7 million in third quarter

October 2, 2023 | finance.yahoo.com

Linamar Corporation's (TSE:LNR) Intrinsic Value Is Potentially 93% Above Its Share Price

See More Headlines

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Company Calendar

Last Earnings: 3/06/2024
Ex-Dividend for 4/15 Dividend: 3/27/2024
Dividend Payable: 4/15/2024
Today: 4/16/2024
Next Earnings (Estimated): 5/08/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Consumer Cyclical
Industry: Auto Parts
Sub-Industry: N/A
Current Symbol: TSE:LNR
CUSIP: N/A
CIK: N/A
Web: www.linamar.com
Phone: +1-519-8367550
Fax: N/A
Employees: 32,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$82.50
High Stock Price Target: C$91.50
Low Stock Price Target: C$70.00
Potential Upside/Downside: +26.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.80
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$8.17
Trailing P/E Ratio: 7.98
Forward P/E Ratio: 6.47
P/E Growth: 1.12
Net Income: C$503.05 million
Net Margins: 5.17%
Pretax Margin: N/A
Return on Equity: 9.93%
Return on Assets: 5.39%

Debt

Debt-to-Equity Ratio: 33.30
Current Ratio: 1.59
Quick Ratio: 0.75

Sales & Book Value

Annual Sales: C$9.73 billion
Price / Sales: 0.41
Cash Flow: C$13.86 per share
Price / Cash Flow: 4.70
Book Value: C$86.43 per share
Price / Book: 0.75

Miscellaneous

Outstanding Shares: 61,580,000
Free Float: N/A
Market Cap: C$4.02 billion
Optionable: Not Optionable
Beta: 1.45

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Key Executives

Ms. Linda S. Hasenfratz (Age 58)
Executive Chairman of the Board & CEO
Comp: $11.74M
Mr. Jim Jarrell (Age 60)
President, COO & Director
Comp: $8.51M
Mr. Dale Schneider
Chief Financial Officer
Mr. Kenneth McDougall
Group President of Skyjack Inc
Mr. Wenzhang Huang
Group President of Linamar Machining & Assembly - Asia Pacific
Mr. Mark Stoddart (Age 60)
CTO, Executive VP of Sales & Marketing and Non-Independent Director
Mr. Elliot Burger
General Counsel, Corporate Secretary & Global VP Corporate Development
Ms. Roxanne Phyllis Rose
Global Vice President of Human Resources
Salvatore Cocca
Group President of Linamar Manufacturing Europe
Sean Congdon
Group President of Linamar Manufacturing Americas

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

LNR Stock Analysis - Frequently Asked Questions

Should I buy or sell Linamar stock right now?: 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Linamar in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" LNR shares.
View LNR analyst ratings or view top-rated stocks.
What is Linamar's stock price target for 2024?: 5 Wall Street research analysts have issued 1-year target prices for Linamar's stock. Their LNR share price targets range from C$70.00 to C$91.50. On average, they expect the company's share price to reach C$82.50 in the next twelve months. This suggests a possible upside of 26.5% from the stock's current price.
View analysts price targets for LNR or view top-rated stocks among Wall Street analysts.
How have LNR shares performed in 2024?: Linamar's stock was trading at C$64.02 at the start of the year. Since then, LNR stock has increased by 1.9% and is now trading at C$65.22.
View the best growth stocks for 2024 here.
When is Linamar's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our LNR earnings forecast.
How were Linamar's earnings last quarter?: Linamar Co. (TSE:LNR) released its earnings results on Wednesday, March, 6th. The company reported $1.98 earnings per share for the quarter, beating analysts' consensus estimates of $1.75 by $0.23. The company earned $2.45 billion during the quarter, compared to analysts' expectations of $2.40 billion. Linamar had a trailing twelve-month return on equity of 9.93% and a net margin of 5.17%.

How often does Linamar pay dividends? What is the dividend yield for Linamar?: Linamar declared a quarterly dividend on Wednesday, March 6th. Investors of record on Thursday, March 28th will be given a dividend of 0.25 per share on Monday, April 15th. This represents a $1.00 annualized dividend and a yield of 1.53%. The ex-dividend date is Wednesday, March 27th. This is a boost from the stock's previous quarterly dividend of C$0.22.
Read our dividend analysis for LNR.
Is Linamar a good dividend stock?: Linamar (TSE:LNR) pays an annual dividend of C$1.00 per share and currently has a dividend yield of 1.39%. The dividend payout ratio is 12.24%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for LNR.
What other stocks do shareholders of Linamar own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Linamar investors own include Magna International (MG), Canadian National Railway (CNR), Martinrea International (MRE), Air Canada (AC), Toronto-Dominion Bank (TD), BlackBerry (BB), Dollarama (DOL), CGI (GIB.A), National Bank of Canada (NA) and Alimentation Couche-Tard (ATD.B).
How do I buy shares of Linamar?: Shares of LNR 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:LNR) was last updated on 4/16/2024 by MarketBeat.com Staff

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Linamar (LNR) Stock Price, News & Analysis

Linamar MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Linamar Stock (TSE:LNR)

LNR Stock Price History

LNR Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

LNR Stock Analysis - Frequently Asked Questions

Overall MarketRank^™