Linamar - LNR Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Linamar in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" LNR shares.
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4 analysts have issued twelve-month price objectives for Linamar's stock. Their LNR share price forecasts range from C$65.00 to C$99.00. On average, they anticipate the company's stock price to reach C$83.00 in the next year. This suggests a possible upside of 39.9% from the stock's current price.
View analysts price targets for LNR or view top-rated stocks among Wall Street analysts.

Linamar's stock was trading at C$74.93 at the beginning of 2022. Since then, LNR stock has decreased by 20.8% and is now trading at C$59.32.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 8th 2022.
View our LNR earnings forecast.

Linamar Co. (TSE:LNR) announced its quarterly earnings results on Wednesday, August, 2nd. The company reported $2.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.35 by $0.10. The company earned $1.77 billion during the quarter, compared to analysts' expectations of $1.71 billion.

Linamar declared a quarterly dividend on Wednesday, May 11th. Investors of record on Friday, May 27th will be given a dividend of 0.20 per share on Wednesday, June 8th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.35%. The ex-dividend date is Thursday, May 26th.
Read our dividend analysis for LNR.

Linamar (TSE:LNR) pays an annual dividend of C$0.76 per share and currently has a dividend yield of 1.30%. The dividend payout ratio is 13.82%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for LNR.

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).

Linamar trades on the Toronto Stock Exchange (TSX) under the ticker symbol "LNR."

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.
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One share of LNR stock can currently be purchased for approximately C$59.32.

Linamar (TSE:LNR) has a market capitalization of C$3.77 billion and generates C$6.94 billion in revenue each year.

The company employs 25,613 workers across the globe.

Linamar's mailing address is 287 Speedvale Ave W, GUELPH, ON N1H 1C5, Canada. The official website for the company is www.linamar.com. The company can be reached via phone at +1-519-8367550.