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 year. 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 1 year price objectives for MTY Food Group's shares. Their MTY share price targets range from C$49.00 to C$65.00. On average, they anticipate the company's share price to reach C$54.29 in the next year. This suggests a possible upside of 16.5% 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 17.5% and is now trading at C$46.61. 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 earnings per share for the quarter, missing the consensus estimate of $0.83 by $0.12. The business had revenue of $278.64 million for the quarter, compared to analyst estimates 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 announced a quarterly dividend on Friday, April 12th. Investors of record on Friday, May 3rd will be given a dividend of 0.28 per share on Wednesday, May 15th. This represents a $1.12 annualized dividend and a dividend yield of 2.40%. 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$1.03 per share and currently has a dividend yield of 2.28%. The dividend payout ratio is 24.24%. 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 .

TSE:MTY

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

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Free MTY Stock Alerts

C$46.61

-0.18 (-0.38%)

(As of 04/18/2024 ET)

Compare

Today's Range: C$46.22
▼
C$47.00
50-Day Range: C$45.16
▼
C$59.65
52-Week Range: C$44.48
▼
C$68.60

Volume: 32,092 shs
Average Volume: 51,076 shs
Market Capitalization: C$1.13 billion

P/E Ratio: 10.97
Dividend Yield: 2.21%
Price Target: C$54.29

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines

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MTY Food Group MarketRank™ Stock Analysis

Analyst Rating: Hold
2.43 Rating Score
Upside/Downside: 16.5% Upside
C$54.29 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.20
Based on 49 Articles This Week
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.

2.88 out of 5 stars

3.2

Analyst's Opinion

Consensus Rating
MTY Food Group has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 3 buy ratings, 4 hold ratings, and no sell ratings.
Amount of Analyst Coverage
MTY Food Group 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 MTY.

1.7

Dividend Strength

Dividend Yield
MTY Food Group pays a meaningful dividend of 2.28%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
MTY Food Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of MTY Food Group is 24.24%. 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 MTY.

1.6

News and Social Media Coverage

News Sentiment
MTY Food Group has a news sentiment score of -0.20. 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 lower news sentiment than the 0.37 average news sentiment score of Consumer Cyclical companies.
News Coverage This Week
MarketBeat has tracked 49 news articles for MTY Food Group this week, compared to 2 articles on an average week.
Search Interest
2 people have searched for MTY on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added MTY Food Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, MTY Food Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
16.15% 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 Institutions
Only 26.82% of the stock of MTY Food Group is held by institutions.

2.5

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of MTY Food Group is 10.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 147.65.
Price to Earnings Ratio vs. Sector
The P/E ratio of MTY Food Group is 10.97, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 342.76.
Price to Earnings Growth Ratio
MTY 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 Ratio
MTY Food Group has a P/B Ratio of 1.39. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

MTY Stock News Headlines

April 18, 2024 | ca.investing.com

Tesla Layoffs, Canadian CPI and Jamie Dimon’s Warning

April 18, 2024 | americanbankingnews.com

FY2025 EPS Estimates for MTY Food Group Inc. (TSE:MTY) Boosted by National Bank Financial

April 19, 2024 | Paradigm Press (Ad)

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April 17, 2024 | fool.ca

Should Investors Buy the Dip in MTY Stock?

April 17, 2024 | americanbankingnews.com

MTY Food Group (TSE:MTY) Given New C$55.00 Price Target at Raymond James

April 17, 2024 | americanbankingnews.com

MTY Food Group Inc. to Post Q2 2024 Earnings of $0.99 Per Share, Raymond James Forecasts (TSE:MTY)

April 17, 2024 | americanbankingnews.com

FY2024 EPS Estimates for MTY Food Group Inc. Cut by National Bank Financial (TSE:MTY)

April 16, 2024 | markets.businessinsider.com

CIBC Keeps Their Buy Rating on MTY Food Group (MTYFF)

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