Should I buy or sell Metro stock right now?

7 Wall Street 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 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 analysts have issued twelve-month price objectives for Metro's stock. Their MRU share price targets range from C$73.00 to C$83.00. On average, they anticipate the company's share price to reach C$77.14 in the next year. This suggests a possible upside of 12.2% 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 2023?

Metro's stock was trading at C$74.97 on January 1st, 2023. Since then, MRU shares have decreased by 8.3% and is now trading at C$68.77. View the best growth stocks for 2023 here .

When is Metro's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 23rd 2024. View our MRU earnings forecast .

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

Metro declared a quarterly dividend on Thursday, October 26th. Stockholders of record on Tuesday, November 14th will be paid a dividend of 0.3025 per share on Tuesday, November 14th. This represents a $1.21 dividend on an annualized basis and a yield of 1.76%. The ex-dividend date of this dividend is Thursday, October 26th. Read our dividend analysis for MRU .

Is Metro a good dividend stock?

Metro (TSE:MRU) pays an annual dividend of C$1.21 per share and currently has a dividend yield of 1.77%. The dividend payout ratio is 29.58%. 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?

Based on aggregate information from My MarketBeat watchlists, some companies that other Metro investors own include Enbridge (ENB) , Bank of Nova Scotia (BNS) , Canadian National Railway (CNR) , Royal Bank of Canada (RY) , BCE (BCE) , Dollarama (DOL) , National Bank of Canada (NA) , Toronto-Dominion Bank (TD) , Alimentation Couche-Tard (ATD.B) and Bank of Montreal (BMO) .

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 .

Metro Stock Price, News & Analysis (TSE:MRU)

C$68.77

-0.09 (-0.13%)

(As of 12/7/2023 ET)

Compare

Today's Range: C$68.52
▼
C$69.19
50-Day Range: C$68.01
▼
C$75.58
52-Week Range: C$67.72
▼
C$78.90

Volume: 672,209 shs
Average Volume: 474,366 shs
Market Capitalization: C$15.74 billion

P/E Ratio: 16.81
Dividend Yield: 1.76%
Price Target: C$77.14

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines

Metro MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 12.2% Upside
C$77.14 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.67
Based on 2 Articles This Week
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.

2.21 out of 5 stars

3.0

Analyst's Opinion

Consensus Rating
Metro has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 7 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$77.14, Metro has a forecasted upside of 12.2% from its current price of C$68.77.
Amount of Analyst Coverage
Metro has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

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

1.7

Dividend Strength

Dividend Yield
Metro pays a meaningful dividend of 1.77%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Metro does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Metro is 29.58%. 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 MRU.

3.7

News and Social Media Coverage

News Sentiment
Metro has a news sentiment score of 0.67. 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 0.44 average news sentiment score of Consumer Defensive companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Metro this week, compared to 1 article on an average week.
Search Interest
4 people have searched for MRU 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 Metro to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Metro insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.15% of the stock of Metro is held by insiders.
Percentage Held by Institutions
48.03% of the stock of Metro is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Metro is 16.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.23.
Price to Earnings Ratio vs. Sector
The P/E ratio of Metro is 16.81, which means that it is trading at a less expensive P/E ratio than the Consumer Defensive sector average P/E ratio of about 262.25.
Price to Earnings Growth Ratio
Metro has a PEG Ratio of 2.12. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Metro has a P/B Ratio of 2.31. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Metro Stock (TSE:MRU)

Metro Inc. operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada. It operates supermarkets and discount stores that provide fresh and grocery products, baked goods, prepared foods, meats, dairy products, fruits and vegetables, frozen foods, bakery products, and pastries, as well as Mediterranean and Middle Eastern products. The company operated a network of food stores under various banners, including Metro, Metro Plus, Super C, and Food Basics, Adonis, and Premiere Moisson as well as drugstores primarily under the Jean Coutu, Brunet, Metro Pharmacy, and Food Basics Pharmacy banners. It also manufactures generic drugs; and provides online grocery shopping services. Metro Inc. was founded in 1947 and is headquartered in Montréal, Canada.

MRU Stock Price History

30 days | 90 days | 365 days | Advanced Chart

MRU Stock News Headlines

December 5, 2023 | msn.com

Safe Stocks to Buy in Canada for December 2023

December 4, 2023 | finance.yahoo.com

Does Metro (TSE:MRU) Deserve A Spot On Your Watchlist?

December 7, 2023 | Autonomix (Ad)

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November 28, 2023 | americanbankingnews.com

Metro (TSE:MRU) Stock Crosses Below 200 Day Moving Average of $71.82

November 20, 2023 | finance.yahoo.com

Metro (TSE:MRU) Is Doing The Right Things To Multiply Its Share Price

November 15, 2023 | ca.investing.com

Loblaw and Metro report higher quarterly earnings as Canadian consumers shop for bargains; Metro shares slide on cautious outlook

November 15, 2023 | msn.com

Metro warns of 'significant headwinds' as investments set to drag on profit next year

November 15, 2023 | theglobeandmail.com

Loblaw and Metro report higher sales, quarterly profit as they face scrutiny over food price inflation

December 7, 2023 | Autonomix (Ad)

How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology

November 15, 2023 | msn.com

Metro reports $222.2M Q4 profit, up from $168.7M a year ago, sales up 14%

November 15, 2023 | theglobeandmail.com

Metro reports $222.2-million fourth-quarter profit as sale up 14%

November 15, 2023 | finance.yahoo.com

METRO REPORTS 2023 FOURTH QUARTER RESULTS

November 14, 2023 | fool.ca

Better Buy: Couche-Tard Stock or Metro Stock?

November 8, 2023 | finance.yahoo.com

METRO Inc. opens its automated distribution centre in Terrebonne

October 18, 2023 | theglobeandmail.com

Metro alleges Loblaw falsley implicated them in bread-fixing scheme in order to save face

September 20, 2023 | fool.ca

Better Buy: Metro or Loblaw Stock?

September 8, 2023 | theglobeandmail.com

Grocery store work force stands to benefit from gains made by Unifor with Metro strike, experts say

August 31, 2023 | finance.yahoo.com

New Metro Store Collective Agreement Ratified

August 31, 2023 | theglobeandmail.com

Metro workers to vote today on second tentative agreement after month-long strike

August 30, 2023 | msn.com

Metro says tentative deal reached with striking grocery workers in Toronto

August 30, 2023 | finance.yahoo.com

Metro stores and Unifor Local 414 reach a new tentative agreement

August 29, 2023 | theglobeandmail.com

Court restricts union pickets at Metro warehouses, grocer says deliveries to resume

August 25, 2023 | msn.com

Metro (TSE:MRU) Calls for Legal Intervention as Workers Continue Striking

August 25, 2023 | ca.finance.yahoo.com

Metro seeks injunction against striking workers preventing deliveries to stores

August 25, 2023 | theglobeandmail.com

Metro seeks injunction against striking GTA workers preventing deliveries to stores

August 23, 2023 | theglobeandmail.com

Metro workers picket two GTA distribution warehouses in fourth week of strike

August 22, 2023 | theglobeandmail.com

Metro: Top 10 Undervalued Consumer Defensive Sector Stocks on TSX (MRU)

See More Headlines

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Company Calendar

Ex-Dividend for 9/20 Dividend: 8/29/2023
Dividend Payable: 9/20/2023
Ex-Dividend for 11/14 Dividend: 10/26/2023
Dividend Payable: 11/14/2023
Today: 12/07/2023
Next Earnings (Estimated): 1/23/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Grocery Stores
Sub-Industry: N/A
Sector: Consumer Defensive
Current Symbol: TSE:MRU
CUSIP: N/A
CIK: N/A
Web: www.metro.ca
Phone: +1-514-6431000
Fax: N/A
Employees: 95,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$77.14
High Stock Price Target: C$83.00
Low Stock Price Target: C$73.00
Potential Upside/Downside: +12.0%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$4.09
Trailing P/E Ratio: 16.83
Forward P/E Ratio: 16.18
P/E Growth: 2.12
Net Income: C$1.01 billion
Net Margins: 4.90%
Pretax Margin: N/A
Return on Equity: 15.17%
Return on Assets: 6.60%

Debt

Debt-to-Equity Ratio: 63.89
Current Ratio: 1.23
Quick Ratio: 0.41

Sales & Book Value

Annual Sales: C$20.72 billion
Price / Sales: 0.76
Cash Flow: C$0.05 per share
Price / Cash Flow: 1,364.56
Book Value: C$29.75 per share
Price / Book: 2.31

Miscellaneous

Outstanding Shares: 228,860,000
Free Float: N/A
Market Cap: C$15.76 billion
Optionable: Not Optionable
Beta: 0.03

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Key Executives

Mr. Eric Richer La Fleche (Age 61)
President, CEO & Non-Independent Director
Comp: $2.52M
Mr. Francois Thibault
Executive VP, CFO & Treasurer
Mr. Marc Giroux
Executive VP & COO Food
Mr. Carmen Fortino (Age 64)
Executive Vice President of National Supply Chain & Procurement
Comp: $1.21M
Mr. Jean-Michel Coutu
President of The Pharmacy Division
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
Vice President of Marketing
Ms. Geneviève Bich
Vice President of Human Resources

Key Competitors

View All Competitors

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 Tuesday, November 28, 2023 at 10:39 PM.

Pros

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

Metro Inc. is a well-established retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada.
It operates supermarkets, discount stores, and drugstores, providing a diverse range of products and services.
Metro Inc. has a strong presence in the Canadian market, with a wide customer base.
The company has been consistently expanding its operations and acquiring new businesses, which indicates growth potential.
Investors can take advantage of Metro Inc.'s online grocery shopping services, which have gained popularity in recent years.

Cons

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

There may be potential risks associated with the highly competitive nature of the retail and pharmaceutical sectors.
Changes in consumer preferences and buying patterns could impact Metro Inc.'s sales and profitability.
The company's stock price is subject to market fluctuations and may not always reflect its true value.
Investors should carefully consider the financial performance and stability of Metro Inc. before making investment decisions.
External factors such as economic conditions and government regulations can affect the company's operations and financial performance.

MRU Stock Analysis - Frequently Asked Questions

Should I buy or sell Metro stock right now?: 7 Wall Street 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 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 analysts have issued twelve-month price objectives for Metro's stock. Their MRU share price targets range from C$73.00 to C$83.00. On average, they anticipate the company's share price to reach C$77.14 in the next year. This suggests a possible upside of 12.2% 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 2023?: Metro's stock was trading at C$74.97 on January 1st, 2023. Since then, MRU shares have decreased by 8.3% and is now trading at C$68.77.
View the best growth stocks for 2023 here.
When is Metro's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 23rd 2024.
View our MRU earnings forecast.

How often does Metro pay dividends? What is the dividend yield for Metro?: Metro declared a quarterly dividend on Thursday, October 26th. Stockholders of record on Tuesday, November 14th will be paid a dividend of 0.3025 per share on Tuesday, November 14th. This represents a $1.21 dividend on an annualized basis and a yield of 1.76%. The ex-dividend date of this dividend is Thursday, October 26th.
Read our dividend analysis for MRU.
Is Metro a good dividend stock?: Metro (TSE:MRU) pays an annual dividend of C$1.21 per share and currently has a dividend yield of 1.77%. The dividend payout ratio is 29.58%. 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?: Based on aggregate information from My MarketBeat watchlists, some companies that other Metro investors own include Enbridge (ENB), Bank of Nova Scotia (BNS), Canadian National Railway (CNR), Royal Bank of Canada (RY), BCE (BCE), Dollarama (DOL), National Bank of Canada (NA), Toronto-Dominion Bank (TD), Alimentation Couche-Tard (ATD.B) and Bank of Montreal (BMO).
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 12/7/2023 by MarketBeat.com Staff

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Metro Stock Price, News & Analysis (TSE:MRU)

Metro 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 Metro Stock (TSE:MRU)

MRU Stock Price History

MRU Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Should I Buy Metro Stock? MRU Pros and Cons Explained

Pros

Cons

MRU Stock Analysis - Frequently Asked Questions

Overall MarketRank^™