National Bank Financial Reduces Earnings Estimates for Metro

Metro Inc. (TSE:MRU) – National Bank Financial dropped their Q1 2025 earnings per share estimates for shares of Metro in a research report issued to clients and investors on Tuesday, November 5th. National Bank Financial analyst V. Shreedhar now forecasts that the company will post earnings of $1.11 per share for the quarter, down from their prior estimate of $1.12. The consensus estimate for Metro’s current full-year earnings is $4.82 per share.

Metro (TSE:MRU) last posted its quarterly earnings data on Wednesday, August 14th. The company reported C$1.35 earnings per share for the quarter, meeting the consensus estimate of C$1.35. The company had revenue of C$6.65 billion during the quarter, compared to analyst estimates of C$6.58 billion. Metro had a net margin of 4.36% and a return on equity of 13.74%.

Several other equities research analysts have also weighed in on MRU. CIBC raised their price objective on Metro from C$77.00 to C$86.00 in a research note on Thursday, August 15th. Desjardins lifted their price target on Metro from C$75.00 to C$80.00 and gave the stock a “hold” rating in a research note on Tuesday, August 13th. BMO Capital Markets boosted their price objective on Metro from C$82.00 to C$85.00 in a report on Thursday, August 15th. TD Securities upgraded shares of Metro from a “hold” rating to a “buy” rating and raised their target price for the stock from C$80.00 to C$92.00 in a report on Monday, July 22nd. Finally, Cfra upped their price target on shares of Metro from C$76.00 to C$85.00 in a research report on Thursday, August 15th. Six equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of C$84.25.

Metro Trading Down 0.1 %

Shares of TSE:MRU opened at C$85.74 on Friday. The company has a debt-to-equity ratio of 64.18, a quick ratio of 0.41 and a current ratio of 1.10. The stock has a market capitalization of C$19.09 billion, a price-to-earnings ratio of 20.96, a PEG ratio of 4.06 and a beta of 0.08. Metro has a 1-year low of C$65.43 and a 1-year high of C$87.22. The company has a 50 day moving average price of C$84.38 and a 200 day moving average price of C$79.68.

Metro Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, November 12th. Shareholders of record on Tuesday, November 12th will be given a $0.335 dividend. The ex-dividend date is Thursday, October 24th. This represents a $1.34 dividend on an annualized basis and a yield of 1.56%. Metro’s payout ratio is 32.76%.

Metro Company Profile

Metro Inc, through its subsidiaries, operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada. The company operates supermarkets, discount, neighborhood, and specialty stores that provide fresh and grocery products, baked goods, prepared food products, meats, dairy products, fruits and vegetables, frozen food products, bakery products, delicatessen items, and pastries.