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TSE:MTY

MTY Food Group (MTY) Stock Price, News & Analysis

C$43.80
-0.75 (-1.68%)
(As of 05/28/2024 ET)
Today's Range
C$43.70
C$44.60
50-Day Range
C$43.80
C$53.02
52-Week Range
C$43.34
C$68.60
Volume
46,473 shs
Average Volume
50,312 shs
Market Capitalization
C$1.06 billion
P/E Ratio
10.40
Dividend Yield
2.56%
Price Target
C$54.29

MTY Food Group MarketRank™ Stock Analysis

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
23.9% Upside
C$54.29 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.52mentions of MTY Food Group in the last 14 days
Based on 6 Articles This Week
Insider Trading
Acquiring Shares
C$14,994 Bought 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.

3.64 out of 5 stars

MTY stock logo

About MTY Food Group Stock (TSE:MTY)

MTY 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. MTY Food Group Inc. was founded in 1979 and is headquartered in Saint-Laurent, Canada.

MTY Stock Price History

MTY Stock News Headlines

MTY Food Group Inc
CIBC Keeps Their Buy Rating on MTY Food Group (MTYFF)
Monday’s analyst upgrades and downgrades for April 15
TSX Ends Nearly 1% Down, Posts Weekly Loss
Bay Street Likely To Open Higher On Firm Commodities, European Stocks
See More Headlines
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Company Calendar

Last Earnings
4/12/2024
Ex-Dividend for 5/15 Dividend
5/02/2024
Dividend Payable
5/15/2024
Today
5/28/2024
Next Earnings (Estimated)
7/09/2024

Industry, Sector and Symbol

Industry
Restaurants
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
7,326
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$54.29
High Stock Price Target
C$65.00
Low Stock Price Target
C$49.00
Potential Upside/Downside
+23.9%
Consensus Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
7 Analysts

Profitability

Net Income
C$103 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$1.16 billion
Cash Flow
C$1.65 per share
Book Value
C$33.74 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.06 billion
Optionable
Not Optionable
Beta
1.98
12 Stocks Corporate Insiders are Abandoning Cover

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Key Executives

  • Mr. Eric Lefebvre C.P.A. (Age 47)
    CA, CPA, M.B.A., MBA, QC, CEO, President & Non-Independent Director
    Comp: $896.83k
  • Ms. Renee St-Onge CPA (Age 43)
    Chief Financial Officer
    Comp: $485.66k
  • Mr. Vincent Montanelli
    Chief Operating Officer of Wetzel's Pretzels
  • Mr. Adam Lehr
    Co-Chief Operating Officer-BBQ Holdings
  • Mr. Albert W. Hank (Age 35)
    Co-Chief Operating Officer-BBQ Holdings
    Comp: $745.34k
  • Ms. Claude St-Pierre (Age 55)
    Secretary & Non-Independent Director
    Comp: $157.2k
  • Ms. Jenny Moody
    Chief Legal Officer
  • Mr. Marc Benzacar
    Chief Operating Officer of Fast Casual Division
  • Mr. Jeff Smit (Age 66)
    Chief Operating Officer of MTY Franchising USA, Inc.
    Comp: $653.52k
  • Ms. Marie-Line Beauchamp
    Chief Operating Officer of Casual Dining

MTY Stock Analysis - Frequently Asked Questions

Should I buy or sell MTY Food Group stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MTY Food Group in the last twelve months. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research 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 target for 2024?

7 Wall Street research analysts have issued twelve-month price targets for MTY Food Group's shares. Their MTY share price targets range from C$49.00 to C$65.00. On average, they expect the company's share price to reach C$54.29 in the next year. This suggests a possible upside of 23.9% 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 2024?

MTY Food Group's stock was trading at C$56.51 on January 1st, 2024. Since then, MTY shares have decreased by 22.5% and is now trading at C$43.80.
View the best growth stocks for 2024 here
.

When is MTY Food Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 9th 2024.
View our MTY earnings forecast
.

How were MTY Food Group's earnings last quarter?

MTY Food Group Inc. (TSE:MTY) issued its quarterly earnings data on Friday, April, 12th. The company reported $0.71 EPS for the quarter, missing analysts' consensus estimates of $0.83 by $0.12. The business earned $278.64 million during the quarter, compared to analysts' expectations of $263.20 million. MTY Food Group had a trailing twelve-month return on equity of 13.23% and a net margin of 8.86%.

How often does MTY Food Group pay dividends? What is the dividend yield for MTY Food Group?

MTY Food Group declared a quarterly dividend on Thursday, May 2nd. Stockholders of record on Wednesday, May 15th will be given a dividend of 0.28 per share on Wednesday, May 15th. This represents a $1.12 annualized dividend and a yield of 2.56%. The ex-dividend date is Thursday, May 2nd.
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$1.12 per share and currently has a dividend yield of 2.45%. The dividend payout ratio is 26.60%. 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).

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.

This page (TSE:MTY) was last updated on 5/29/2024 by MarketBeat.com Staff

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