Desjardins Has Weak Outlook for Rogers Sugar FY2025 Earnings

Rogers Sugar Inc. (TSE:RSI) – Analysts at Desjardins cut their FY2025 earnings per share (EPS) estimates for Rogers Sugar in a note issued to investors on Wednesday, February 19th. Desjardins analyst F. Tremblay now expects that the company will post earnings per share of $0.55 for the year, down from their prior forecast of $0.57. The consensus estimate for Rogers Sugar’s current full-year earnings is $0.56 per share. Desjardins also issued estimates for Rogers Sugar’s FY2026 earnings at $0.55 EPS.

A number of other research analysts have also weighed in on the company. Scotiabank cut their price objective on Rogers Sugar from C$6.25 to C$6.00 and set an “equal weight” rating for the company in a research report on Friday, February 7th. BMO Capital Markets cut their price objective on Rogers Sugar from C$7.00 to C$6.50 and set a “market perform” rating for the company in a research report on Friday, February 7th. Three analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, Rogers Sugar has an average rating of “Hold” and a consensus target price of C$6.40.

Rogers Sugar Trading Down 0.4 %

Shares of Rogers Sugar stock opened at C$5.56 on Monday. The firm has a market cap of C$709.44 million, a price-to-earnings ratio of 12.73 and a beta of 0.60. The business has a 50-day moving average price of C$5.76 and a 200-day moving average price of C$5.73. The company has a quick ratio of 0.56, a current ratio of 1.39 and a debt-to-equity ratio of 104.41. Rogers Sugar has a twelve month low of C$5.12 and a twelve month high of C$6.47.

Rogers Sugar Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, January 9th were issued a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 6.47%. The ex-dividend date of this dividend was Friday, December 27th. Rogers Sugar’s payout ratio is 82.41%.

Insider Activity at Rogers Sugar

In other news, Director M. Dallas H. Ross acquired 150,000 shares of the firm’s stock in a transaction on Thursday, February 13th. The stock was acquired at an average price of C$5.42 per share, with a total value of C$813,000.00. Also, Senior Officer Patrick Dionne sold 50,352 shares of the firm’s stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of C$6.37, for a total transaction of C$320,943.65. In the last quarter, insiders acquired 160,710 shares of company stock valued at $871,121. Insiders own 0.28% of the company’s stock.

Rogers Sugar Company Profile

Rogers Sugar Inc engages in refining, packaging, marketing, and distribution of sugar and maple products in Canada, the United States, Europe, and internationally. The company operates in two segments, Sugar and Maple Products. It offers granulated, plantation raw, yellow, brown, organic, icing, maple, stevia, liquid, smart sweetener blend, and coconut sugar; and syrups, jam and jelly mixes, and iced tea mixes.