Sleep Country Canada (ZZZ) Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sleep Country Canada in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ZZZ shares.
View ZZZ analyst ratings or view top-rated stocks.

4 brokers have issued 1 year target prices for Sleep Country Canada's shares. Their ZZZ share price forecasts range from C$26.00 to C$34.00. On average, they predict the company's stock price to reach C$29.67 in the next twelve months. This suggests a possible upside of 10.0% from the stock's current price.
View analysts price targets for ZZZ or view top-rated stocks among Wall Street analysts.

Sleep Country Canada's stock was trading at C$22.98 on January 1st, 2023. Since then, ZZZ stock has increased by 17.4% and is now trading at C$26.97.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our ZZZ earnings forecast.

Sleep Country Canada Holdings Inc. (TSE:ZZZ) released its earnings results on Monday, May, 8th. The company reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.42 by $0.05. The business had revenue of $206.50 million for the quarter, compared to the consensus estimate of $197.40 million. Sleep Country Canada had a net margin of 11.16% and a trailing twelve-month return on equity of 24.08%.

Sleep Country Canada announced a quarterly dividend on Tuesday, May 23rd. Shareholders of record on Wednesday, May 31st will be paid a dividend of 0.237 per share on Wednesday, May 31st. This represents a $0.95 annualized dividend and a dividend yield of 3.52%. The ex-dividend date is Tuesday, May 23rd. This is a positive change from the stock's previous quarterly dividend of C$0.22.
Read our dividend analysis for ZZZ.

Sleep Country Canada (TSE:ZZZ) pays an annual dividend of C$0.95 per share and currently has a dividend yield of 3.67%. The dividend payout ratio is 33.22%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for ZZZ.

Based on aggregate information from My MarketBeat watchlists, some companies that other Sleep Country Canada investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Open Text (OTEX), Toronto-Dominion Bank (TD) and Rogers Communications (RCI).

Sleep Country Canada trades on the Toronto Stock Exchange (TSX) under the ticker symbol "ZZZ."

Shares of ZZZ 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.

One share of ZZZ stock can currently be purchased for approximately C$26.97.

Sleep Country Canada (TSE:ZZZ) has a market capitalization of C$936.94 million and generates C$928.12 million in revenue each year. The company earns C$103.61 million in net income (profit) each year or C$2.86 on an earnings per share basis.

The company employs 1,577 workers across the globe.

Sleep Country Canada's mailing address is 140 Wendell Ave Unit 1, NORTH YORK, ON M9N 3R2, Canada. The official website for the company is www.sleepcountry.ca. The company can be reached via phone at +1-416-2424774.