TSE:MTY MTY Food Group (MTY) Stock Forecast, Price & News C$57.04 -0.98 (-1.69%) (As of 10/2/2023 ET) Add Compare Share Share Today's RangeC$56.61▼C$57.7950-Day RangeC$56.91▼C$67.6052-Week RangeC$49.50▼C$73.50Volume10,951 shsAverage Volume36,391 shsMarket CapitalizationC$1.39 billionP/E Ratio18.28Dividend Yield1.75%Price TargetC$71.83 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsHeadlinesSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsHeadlinesSocial Media MTY Food Group MarketRank™ ForecastAnalyst RatingHold2.40 Rating ScoreUpside/Downside25.9% UpsideC$71.83 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details 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 3.2 Analyst's Opinion Consensus RatingMTY Food Group has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$71.83, MTY Food Group has a forecasted upside of 25.9% from its current price of C$57.04.Amount of Analyst CoverageMTY Food Group has only been the subject of 4 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for MTY. Previous Next 1.7 Dividend Strength Dividend YieldMTY Food Group pays a meaningful dividend of 1.69%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMTY Food Group does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of MTY Food Group is 32.05%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MTY. Previous Next 0.6 News and Social Media Coverage Search Interest3 people have searched for MTY on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added MTY Food Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, MTY Food Group insiders have not sold or bought any company stock.Percentage Held by Insiders16.04% of the stock of MTY Food Group is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 30.18% of the stock of MTY Food Group is held by institutions. Previous Next 2.5 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of MTY Food Group is 18.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.83.Price to Earnings Ratio vs. SectorThe P/E ratio of MTY Food Group is 18.28, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 379.17.Price to Earnings Growth RatioMTY Food Group has a PEG Ratio of 0.75. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioMTY Food Group has a P/B Ratio of 1.80. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About MTY Food Group (TSE:MTY) StockMTY Food Group Inc. operates and franchises quick-service, fast-casual, and casual dining restaurants in Canada, the United States, and internationally. It also sells retail products under a multitude of banners. The company was formerly known as iNsu Innovations Group Inc. and changed its name to MTY Food Group Inc. in July 2003. The company was founded in 1979 and is headquartered in Saint-Laurent, Canada.Read More MTY Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MTY Stock News HeadlinesSeptember 20, 2023 | finance.yahoo.comReturns On Capital At MTY Food Group (TSE:MTY) Have Hit The BrakesSeptember 13, 2023 | msn.comThe food industry pays ‘influencer’ dietitians to shape your eating habitsOctober 3, 2023 | Chaikin Analytics (Ad)Something is Coming for America's Top StockThis stock has already doubled this year - but it could hurt your portfolio if you hold it much longer. Learn why here.August 28, 2023 | finance.yahoo.comAre Investors Undervaluing MTY Food Group Inc. (TSE:MTY) By 21%?August 15, 2023 | finance.yahoo.comMTY FOOD GROUP INC. ANNOUNCES NEW CHIEF LEGAL OFFICERJuly 18, 2023 | theglobeandmail.comMTY Food Gr: Top 10 Undervalued Restaurants Industry Stocks (MTY)July 18, 2023 | finance.yahoo.comHappy Belly Food Group Signs 20 Unit Area Development Agreement for PIRHO Fresh Greek Grill in British ColumbiaJuly 13, 2023 | markets.businessinsider.comTD Securities Remains a Hold on MTY Food Group (MTYFF)October 3, 2023 | Chaikin Analytics (Ad)Something is Coming for America's Top StockThis stock has already doubled this year - but it could hurt your portfolio if you hold it much longer. Learn why here.July 12, 2023 | msn.comMTY Food Recieves Slew of Analyst Upgrades This WeekJuly 11, 2023 | marketwatch.comMTY Food Shares Rise as New Acquisitions Support Earnings Beat in 2QJuly 11, 2023 | baystreet.caFutures Higher on Rising Commodity PricesJuly 10, 2023 | markets.businessinsider.comMTY Food Group is about to announce its earnings — here's what Wall Street expectsJuly 7, 2023 | finance.yahoo.comHappy Belly Enters Caribbean Fast Casual Sector with the Launch of Joey Turks Island GrillJune 29, 2023 | yahoo.comTexas opens new food pantry called Feeding Our Future, the same name as the Minnesota nonprofit at the center of a $250 million fraud investigationJune 29, 2023 | msn.comTexas opens new pantry called Feeding Our Future — with no ties to the embattled Minnesota groupJune 29, 2023 | marketwatch.comMTY Food Renews Buyback Program for Up to 5% of Its Outstanding SharesJune 17, 2023 | theglobeandmail.comClosing Bell: Mty Food Group Inc up on Friday (MTY)May 8, 2023 | benzinga.comSpecialty Coffee Shops Market size to grow by USD 39.17 billion from 2022 to 2027, North America to account for 32% of the market growth - TechnavioMay 3, 2023 | finance.yahoo.comMTY FOOD GROUP INC. ANNOUNCES RESULTS FROM 2023 ANNUAL GENERAL MEETINGApril 28, 2023 | theglobeandmail.comClosing Bell: Mty Food Group Inc up on Thursday (MTY)April 27, 2023 | seekingalpha.comMTYFF MTY Food Group Inc.April 26, 2023 | theglobeandmail.comClosing Bell: Mty Food Group Inc down on Tuesday (MTY)April 25, 2023 | theglobeandmail.comClosing Bell: Mty Food Group Inc down on Monday (MTY)April 22, 2023 | theglobeandmail.comClosing Bell: Mty Food Group Inc down on Friday (MTY)April 22, 2023 | msn.comNATIONAL BANK FINANCIAL Maintains MTY Food Group (TSX:MTY) Outperform RecommendationApril 20, 2023 | theglobeandmail.comClosing Bell: Mty Food Group Inc down on Wednesday (MTY)See More Headlines Receive MTY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for MTY Food Group and its competitors with MarketBeat's FREE daily newsletter. Email Address MTY Company Calendar Last Earnings7/11/2023Ex-Dividend for 8/15 Dividend8/01/2023Dividend Payable8/15/2023Today10/02/2023Next Earnings (Estimated)10/06/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Restaurants Sub-IndustryN/A SectorConsumer Cyclical Current SymbolTSE:MTY CUSIPN/A CIKN/A Webmtygroup.com Phone+1-514-3368885FaxN/AEmployees7,062Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$71.83 High Stock Price ForecastC$75.00 Low Stock Price ForecastC$70.00 Forecasted Upside/Downside+25.9%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)C$3.12 Trailing P/E Ratio18.28 Forward P/E Ratio14.56 P/E Growth0.75Net IncomeC$78.31 million Net Margins7.79% Pretax MarginN/A Return on Equity10.97% Return on Assets4.39% Debt Debt-to-Equity Ratio173.63 Current Ratio0.63 Quick Ratio0.57 Sales & Book Value Annual SalesC$1 billion Price / Sales1.39 Cash FlowC$2.15 per share Price / Cash Flow26.52 Book ValueC$31.62 per share Price / Book1.80Miscellaneous Outstanding Shares24,410,000Free FloatN/AMarket CapC$1.39 billion OptionableNot Optionable Beta1.86 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Stanley Ma (Age 76)Chairman & Pres Comp: $124.54kMr. Eric Lefebvre CA (Age 46)CPA, MBA, QC, CEO & Non-Independent Director Comp: $957.13kMs. Renée St-Onge (Age 42)Chief Financial Officer Comp: $513.74kMr. Jeff Smit (Age 65)Chief Operating Officer of MTY Franchising USA, Inc. Comp: $653.52kMr. Jason BradingChief Operating Officer of Quick Service RestaurantsMr. Nik Rupp (Age 46)Chief Operating Officer of Papa Murphy's Division Comp: $536.71kMs. Claude St-Pierre (Age 54)Sec. & Non-Independent Director Comp: $146.01kMs. Jenny MoodyChief Legal OfficerMr. Marc BenzacarChief Operating Officer of Fast Casual DivisionMs. Marie-Line BeauchampChief Operating Officer of Casual DiningMore ExecutivesKey CompetitorsCara OperationsTSE:CARAA and W Revenue Royalties Income FundTSE:AW.UNNFI GroupTSE:NFILeon's FurnitureTSE:LNFCascadesTSE:CASView All Competitors MTY Stock - Frequently Asked Questions Should I buy or sell MTY Food Group stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MTY Food Group in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" MTY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MTY, but not buy additional shares or sell existing shares. View MTY analyst ratings or view top-rated stocks. What is MTY Food Group's stock price forecast for 2023? 5 brokers have issued 1-year price objectives for MTY Food Group's shares. Their MTY share price forecasts range from C$70.00 to C$75.00. On average, they anticipate the company's share price to reach C$71.83 in the next twelve months. This suggests a possible upside of 25.9% from the stock's current price. View analysts price targets for MTY or view top-rated stocks among Wall Street analysts. How have MTY shares performed in 2023? MTY Food Group's stock was trading at C$57.07 at the beginning of 2023. Since then, MTY stock has decreased by 0.1% and is now trading at C$57.04. View the best growth stocks for 2023 here. When is MTY Food Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, October 6th 2023. View our MTY earnings forecast. How were MTY Food Group's earnings last quarter? MTY Food Group Inc. (TSE:MTY) announced its quarterly earnings results on Tuesday, July, 11th. The company reported $1.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.34. The business had revenue of $305.22 million for the quarter, compared to analyst estimates of $272.90 million. MTY Food Group had a trailing twelve-month return on equity of 10.97% and a net margin of 7.79%. How often does MTY Food Group pay dividends? What is the dividend yield for MTY Food Group? MTY Food Group announced a quarterly dividend on Tuesday, August 1st. Stockholders of record on Tuesday, August 15th will be paid a dividend of 0.25 per share on Tuesday, August 15th. This represents a $1.00 annualized dividend and a yield of 1.75%. The ex-dividend date of this dividend is Tuesday, August 1st. Read our dividend analysis for MTY. Is MTY Food Group a good dividend stock? MTY Food Group (TSE:MTY) pays an annual dividend of C$1.00 per share and currently has a dividend yield of 1.69%. The dividend payout ratio is 32.05%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for MTY. What other stocks do shareholders of MTY Food Group own? Based on aggregate information from My MarketBeat watchlists, some companies that other MTY Food Group investors own include Canadian National Railway (CNR), Air Canada (AC), Suncor Energy (SU), Toronto-Dominion Bank (TD), Alimentation Couche-Tard (ATD.B), Bank of Montreal (BMO), Bank of Nova Scotia (BNS), Dollarama (DOL), BCE (BCE) and Chorus Aviation (CHR). What is MTY Food Group's stock symbol? MTY Food Group trades on the Toronto Stock Exchange (TSX) under the ticker symbol "MTY." How do I buy shares of MTY Food Group? Shares of MTY 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 MTY Food Group's stock price today? One share of MTY stock can currently be purchased for approximately C$57.04. How much money does MTY Food Group make? MTY Food Group (TSE:MTY) has a market capitalization of C$1.39 billion and generates C$1 billion in revenue each year. The company earns C$78.31 million in net income (profit) each year or C$3.12 on an earnings per share basis. How many employees does MTY Food Group have? The company employs 7,062 workers across the globe. How can I contact MTY Food Group? MTY Food Group's mailing address is 8150 Rte Transcanadienne Suite 200, SAINT-LAURENT, QC H4S 1M5, Canada. The official website for the company is mtygroup.com. The company can be reached via phone at +1-514-3368885. This page (TSE:MTY) was last updated on 10/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding MTY Food Group Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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