TSE:MFI Q4 EPS Forecast Reduced by National Bank Financial

Maple Leaf Foods Inc. (TSE:MFI) – Equities research analysts at National Bank Financial cut their Q4 2024 EPS estimates for shares of Maple Leaf Foods in a research report issued to clients and investors on Tuesday, January 21st. National Bank Financial analyst V. Shreedhar now forecasts that the company will post earnings per share of $0.25 for the quarter, down from their prior estimate of $0.26. The consensus estimate for Maple Leaf Foods’ current full-year earnings is $1.43 per share. National Bank Financial also issued estimates for Maple Leaf Foods’ Q3 2025 earnings at $0.39 EPS, Q4 2025 earnings at $0.41 EPS, FY2025 earnings at $1.39 EPS and FY2026 earnings at $1.56 EPS.

Several other equities analysts have also weighed in on the stock. TD Securities cut their target price on shares of Maple Leaf Foods from C$35.00 to C$34.00 and set a “buy” rating for the company in a report on Thursday, November 14th. Canaccord Genuity Group upped their target price on Maple Leaf Foods from C$30.00 to C$32.00 and gave the stock a “buy” rating in a research note on Monday, January 13th. Finally, National Bankshares reduced their price objective on Maple Leaf Foods from C$28.00 to C$26.00 in a research note on Thursday, November 14th. Seven research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of C$30.19.

Maple Leaf Foods Price Performance

Shares of MFI opened at C$21.20 on Thursday. Maple Leaf Foods has a fifty-two week low of C$19.61 and a fifty-two week high of C$27.24. The company has a debt-to-equity ratio of 132.03, a quick ratio of 0.54 and a current ratio of 1.32. The company has a market capitalization of C$2.61 billion, a P/E ratio of 235.56, a P/E/G ratio of 18.07 and a beta of 0.47. The business’s 50-day moving average is C$21.57 and its two-hundred day moving average is C$22.43.

Maple Leaf Foods Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 31st were issued a $0.22 dividend. The ex-dividend date of this dividend was Friday, December 6th. This represents a $0.88 annualized dividend and a dividend yield of 4.15%. Maple Leaf Foods’s dividend payout ratio is presently 977.78%.

Insider Buying and Selling

In other news, Director Linda Mantia bought 4,498 shares of Maple Leaf Foods stock in a transaction that occurred on Friday, November 15th. The shares were purchased at an average price of C$22.23 per share, with a total value of C$99,990.54. 39.87% of the stock is owned by corporate insiders.

About Maple Leaf Foods

Maple Leaf Foods Inc produces food products in the United States, Canada, Japan, China, and internationally. The company operates through Meat Protein Group and Plant Protein Group segments. It produces various food products, including prepared meats, ready-to-cook and ready-to-serve meals, fresh pork and poultry, and plant protein products; bacon, hams, wieners, and meat snacks; a variety of delicatessen products; and processed chicken products, such as fully cooked chicken breasts and wings, processed turkey products, specialty sausages, cooked meats, sliced meats, cooked sausage products, lunch kits, and canned meats.