×
S&P 500   3,978.73
DOW   32,120.28
QQQ   291.26
S&P 500   3,978.73
DOW   32,120.28
QQQ   291.26
S&P 500   3,978.73
DOW   32,120.28
QQQ   291.26
S&P 500   3,978.73
DOW   32,120.28
QQQ   291.26
TSE:TIH

Toromont Industries (TIH) Stock Forecast, Price & News

C$108.00
-0.45 (-0.41%)
(As of 05/25/2022 12:00 AM ET)
Add
Compare
Today's Range
C$107.21
C$108.58
50-Day Range
C$106.47
C$123.59
52-Week Range
C$100.63
C$124.25
Volume
156,217 shs
Average Volume
148,494 shs
Market Capitalization
C$8.91 billion
P/E Ratio
26.09
Dividend Yield
1.44%
Beta
N/A
30 days | 90 days | 365 days | Advanced Chart
Receive TIH News and Ratings via Email

Sign-up to receive the latest news and ratings for Toromont Industries and its competitors with MarketBeat's FREE daily newsletter.

Toromont Industries logo

About Toromont Industries

Toromont Industries Ltd. provides specialized capital equipment in Canada, the United States, and internationally. It operates in two segments, Equipment Group and CIMCO. The Equipment Group segment engages in the sale, rental, and service of mobile equipment for Caterpillar and other manufacturers; sale, rental, and service of engines used in various applications, including industrial, commercial, marine, on-highway trucks, and power generation; and sale of complementary and related products, parts, and services. This segment serves building, mining, aggregates, public infrastructure, residential construction, power generation, marine, agriculture, forestry, on-highway truck engines, industrial, demolition, and waste management markets. The CIMCO segment is involved in the design, engineering, fabrication, installation, and after-sale support of refrigeration systems in industrial and recreational markets. This segment primarily serves beverage and food processing, cold storage, food distribution, mining, and recreational ice rink sectors. Toromont Industries Ltd. was founded in 1961 and is based in Concord, Canada.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Industrial Distribution
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
6,400
Year Founded
N/A

Sales & Book Value

Annual Sales
C$3.94 billion
Cash Flow
C$9.44 per share
Book Value
C$24.22 per share

Profitability

Pretax Margin
N/A

Debt

Price-To-Earnings

Miscellaneous

Free Float
N/A
Market Cap
C$8.91 billion
Optionable
Not Optionable

Company Calendar

Last Earnings
7/25/2017
Ex-Dividend for 4/4 Dividend
3/08/2022
Dividend Payable
4/04/2022
Today
5/25/2022
Next Earnings (Estimated)
7/27/2022

MarketRank

Overall MarketRank

1.77 out of 5 stars

Analyst Opinion: 2.4Community Rank: 4.0Dividend Strength: 1.7Insider Behavior: 0.8Valuation: 0.0 5 -4 -3 -2 -1 -













Toromont Industries (TSE:TIH) Frequently Asked Questions

Is Toromont Industries a buy right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Toromont Industries in the last twelve months. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Toromont Industries stock.
View analyst ratings for Toromont Industries
or view top-rated stocks.

When is Toromont Industries' next earnings date?

Toromont Industries is scheduled to release its next quarterly earnings announcement on Wednesday, July 27th 2022.
View our earnings forecast for Toromont Industries
.

How were Toromont Industries' earnings last quarter?

Toromont Industries Ltd. (TSE:TIH) posted its quarterly earnings data on Tuesday, July, 25th. The company reported $0.51 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.55 by $0.04. The company had revenue of $530.93 million for the quarter, compared to the consensus estimate of $550.60 million.
View Toromont Industries' earnings history
.

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

Toromont Industries announced a quarterly dividend on Tuesday, March 8th. Shareholders of record on Monday, April 4th will be paid a dividend of 0.39 per share on Monday, April 4th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.44%. The ex-dividend date of this dividend is Tuesday, March 8th. This is an increase from Toromont Industries's previous quarterly dividend of C$0.35.
View Toromont Industries' dividend history
.

Is Toromont Industries a good dividend stock?

Toromont Industries pays an annual dividend of C$1.44 per share and currently has a dividend yield of 1.44%. The dividend payout ratio of Toromont Industries is 34.78%. This payout ratio is at a healthy, sustainable level, below 75%.
View Toromont Industries' dividend history.

What price target have analysts set for TIH?

7 equities research analysts have issued 12-month target prices for Toromont Industries' stock. Their forecasts range from C$123.00 to C$130.00. On average, they anticipate Toromont Industries' share price to reach C$126.89 in the next year. This suggests a possible upside of 17.5% from the stock's current price.
View analysts' price targets for Toromont Industries
or view top-rated stocks among Wall Street analysts.

Who are Toromont Industries' key executives?
Toromont Industries' management team includes the following people:
  • Mr. Scott J. Medhurst, CEO, Pres & Director (Age 60, Pay $2.21M)
  • Mr. Michael Stanley Howie McMillan, Exec. VP & CFO
  • Mr. Michael P. Cuddy, Chief Information Officer & VP
  • Mr. Miles Sean Ryan Gregg, Pres of Toromont Cat Construction Division
  • Mr. William Harvey, Pres of Toromont Cat Mining Division
  • Ms. Lynn M. Korbak, Gen. Counsel & Corp. Sec.
  • Mr. David Alan Malinauskas, Pres of CIMCO Refrigeration
  • Mr. Colin Goheen, Pres of Battlefield Equipment Rentals
What other stocks do shareholders of Toromont Industries own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Toromont Industries investors own include National Bank of Canada (NA), Bank of Nova Scotia (BNS), Dollarama (DOL), Enerflex (EFX), Alimentation Couche-Tard (ATD.B), BRP (DOO), Exchange Income (EIF), Fortis (FTS), CGI (GIB.A) and Inter Pipeline (IPL).

What is Toromont Industries' stock symbol?

Toromont Industries trades on the Toronto Stock Exchange (TSX) under the ticker symbol "TIH."

How do I buy shares of Toromont Industries?

Shares of TIH 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 Toromont Industries' stock price today?

One share of TIH stock can currently be purchased for approximately C$108.00.

How much money does Toromont Industries make?

Toromont Industries has a market capitalization of C$8.91 billion and generates C$3.94 billion in revenue each year.

How many employees does Toromont Industries have?

Toromont Industries employs 6,400 workers across the globe.

What is Toromont Industries' official website?

The official website for Toromont Industries is www.toromont.com.

How can I contact Toromont Industries?

Toromont Industries' mailing address is 3131 Highway 7 West, Stn Main PO Box 5511, CONCORD, ON L4K 5B7, Canada. The company can be reached via phone at +1-416-6675511.

This page was last updated on 5/26/2022 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.