S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
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Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Monday, 3/4/2024
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DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: Asian shares are mixed as China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: Asian shares are mixed as China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: Asian shares are mixed as China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: Asian shares are mixed as China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
TSE:MRU

Metro (MRU) Stock Price, News & Analysis

C$72.51
-0.94 (-1.28%)
(As of 03/4/2024 ET)
Today's Range
C$72.43
C$73.44
50-Day Range
C$67.27
C$74.08
52-Week Range
C$65.43
C$78.88
Volume
310,864 shs
Average Volume
463,129 shs
Market Capitalization
C$16.46 billion
P/E Ratio
16.59
Dividend Yield
1.85%
Price Target
C$77.21

Metro MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
6.5% Upside
C$77.21 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

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.

0.17 out of 5 stars


MRU stock logo

About Metro Stock (TSE:MRU)

Metro Inc., through its subsidiaries, operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada. The company operates supermarkets, discount, neighborhood, and specialty stores that provide fresh and grocery products, baked goods, prepared food products, meats, dairy products, fruits and vegetables, frozen food products, bakery products, delicatessen items, and pastries. It also manufactures ready-to-eat meals, salads, dips, pastries, pies, breads, and cakes; generic drugs under Pro Doc trademark; and provides online grocery shopping services. In addition, the company offers its private label food products under Irresistibles, Selection, Our Harvest Best, Lucky Koi, Life Smart, Adonis, Phoenicia, and Premiere Moisson brands; and private label drug products comprising beauty and cosmetic products, over-the-counter medications, and personal care products, sold under the Personnelle brand name. It operates a network of food stores under various banners, including Metro, Metro Plus, Adonis, Super C, Marché Richelieu, Marché Ami, Première Moisson, Les 5 Saisons, and Food Basics, as well as drugstores primarily under the PJC Jean Coutu, PJC Santé, PJC Santé Beauté, Brunet, Brunet Plus, Brunet Clinique, Clini Plus, Metro Pharmacy, and Food Basics Pharmacy banners. The company was founded in 1947 and is headquartered in Montréal, Canada.

MRU Stock Price History

MRU Stock News Headlines

Metro Inc. (TSE:MRU) Given Consensus Rating of "Hold" by Brokerages
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."
Metro Inc. (MRU.TO)
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Metro Inc. Reports 2024 First Quarter Results
Metro Full Year 2023 Earnings: EPS Beats Expectations
114 Food Basics Stores Ratify Collective Agreement
Does Metro (TSE:MRU) Deserve A Spot On Your Watchlist?
See More Headlines
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Company Calendar

Last Earnings
1/30/2024
Ex-Dividend for 3/12 Dividend
2/14/2024
Today
3/04/2024
Dividend Payable
3/12/2024
Next Earnings (Estimated)
4/17/2024

Industry, Sector and Symbol

Industry
Grocery Stores
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
97,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$77.21
High Stock Price Target
C$82.00
Low Stock Price Target
C$74.00
Potential Upside/Downside
+6.5%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
7 Analysts

Profitability

Net Income
C$1.01 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$21.03 billion
Cash Flow
C$0.05 per share
Book Value
C$30.09 per share

Miscellaneous

Free Float
N/A
Market Cap
C$16.46 billion
Optionable
Not Optionable
Beta
0.04
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Key Executives

  • Mr. Eric Richer La Fleche (Age 62)
    President, CEO & Non-Independent Director
    Comp: $2.57M
  • Mr. Francois Thibault
    Executive VP, CFO & Treasurer
  • Mr. Marc Giroux
    Executive VP & COO – Food
  • Mr. Carmen Fortino (Age 65)
    Executive Vice President of National Supply Chain & Procurement
    Comp: $1.23M
  • Mr. Jean-Michel Coutu
    President of Jean Coutu Group
  • Mr. Frederic Legault
    VP & Chief Information Officer
  • Mr. Simon Rivet
    VP, General Counsel & Corporate Secretary
  • Ms. Marie-Claude Bacon
    Vice President of Public Affairs & Communications
  • Mr. Alain Tadros
    VP, Chief Marketing & Digital Strategy Officer
  • Ms. Geneviève Bich
    Vice President of Human Resources

Should I Buy Metro Stock? MRU Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Metro was last updated on Saturday, March 2, 2024 at 11:32 PM.

Pros

Here are some ways that investors could benefit from investing in Metro Inc.:

  • Metro Inc. operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada, providing diversified revenue streams.
  • Metro Inc. has a strong presence in the Canadian market with well-known banners such as Metro, Super C, and Food Basics, offering stability and brand recognition.
  • Recent developments in Metro Inc.'s operations have shown growth potential, attracting investors looking for opportunities in the retail and pharmaceutical sectors.
  • Metro Inc.'s stock price has shown positive momentum in recent periods, indicating potential for capital appreciation for investors.
  • The company's expansion into new markets and product offerings demonstrates a commitment to growth and innovation, appealing to investors seeking long-term prospects.

Cons

Investors should be bearish about investing in Metro Inc. for these reasons:

  • Despite its strong presence in the Canadian market, Metro Inc. faces competition from other retailers and changing consumer preferences, which could impact its market share and profitability.
  • The retail and pharmaceutical sectors are subject to regulatory changes and economic fluctuations, posing risks to Metro Inc.'s financial performance and stock price.
  • Investing in Metro Inc. may not be suitable for risk-averse investors due to the inherent volatility of the retail and pharmaceutical industries.
  • Market conditions and consumer behavior can impact Metro Inc.'s revenue and earnings, leading to fluctuations in its stock price and investor returns.
  • While Metro Inc. has shown growth potential, investors should carefully assess the company's financial health and competitive position before making investment decisions.














MRU Stock Analysis - Frequently Asked Questions

Should I buy or sell Metro stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Metro in the last twelve months. There are currently 7 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" MRU shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MRU, but not buy additional shares or sell existing shares.
View MRU analyst ratings
or view top-rated stocks.

What is Metro's stock price target for 2024?

7 Wall Street research analysts have issued twelve-month target prices for Metro's stock. Their MRU share price targets range from C$74.00 to C$82.00. On average, they expect the company's stock price to reach C$77.21 in the next twelve months. This suggests a possible upside of 6.5% from the stock's current price.
View analysts price targets for MRU
or view top-rated stocks among Wall Street analysts.

How have MRU shares performed in 2024?

Metro's stock was trading at C$68.59 at the start of the year. Since then, MRU stock has increased by 5.7% and is now trading at C$72.51.
View the best growth stocks for 2024 here
.

When is Metro's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 17th 2024.
View our MRU earnings forecast
.

How were Metro's earnings last quarter?

Metro Inc. (TSE:MRU) announced its earnings results on Tuesday, January, 30th. The company reported $1.02 earnings per share for the quarter, beating analysts' consensus estimates of $0.99 by $0.03. The business had revenue of $4.97 billion for the quarter, compared to analysts' expectations of $4.86 billion. Metro had a net margin of 4.81% and a trailing twelve-month return on equity of 15.00%.

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

Metro declared a quarterly dividend on Wednesday, February 14th. Shareholders of record on Tuesday, March 12th will be given a dividend of 0.335 per share on Tuesday, March 12th. This represents a $1.34 dividend on an annualized basis and a yield of 1.85%. The ex-dividend date is Wednesday, February 14th. This is a boost from the stock's previous quarterly dividend of C$0.30.
Read our dividend analysis for MRU
.

Is Metro a good dividend stock?

Metro (TSE:MRU) pays an annual dividend of C$1.34 per share and currently has a dividend yield of 1.84%. The dividend payout ratio is 30.66%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for MRU.

What other stocks do shareholders of Metro own?
How do I buy shares of Metro?

Shares of MRU 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:MRU) was last updated on 3/5/2024 by MarketBeat.com Staff