Maple Leaf Foods (TSE:MFI – Free Report) had its target price boosted by National Bank Financial from C$35.00 to C$37.00 in a report issued on Friday,BayStreet.CA reports. They currently have an outperform rating on the stock.
A number of other research analysts also recently weighed in on the company. Ventum Financial set a C$37.00 price target on Maple Leaf Foods and gave the company a “buy” rating in a report on Wednesday, April 22nd. Scotiabank raised Maple Leaf Foods from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, March 11th. Stifel Nicolaus upped their price target on Maple Leaf Foods from C$35.00 to C$36.00 and gave the company a “buy” rating in a research report on Friday. Finally, Royal Bank Of Canada upped their price target on Maple Leaf Foods from C$33.00 to C$34.00 and gave the company an “outperform” rating in a research report on Friday. One analyst has rated the stock with a Strong Buy rating and nine have given a Buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of C$36.09.
Check Out Our Latest Report on MFI
Maple Leaf Foods Trading Down 5.4%
Maple Leaf Foods (TSE:MFI – Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The company reported C$0.34 earnings per share for the quarter. Maple Leaf Foods had a net margin of 12.44% and a return on equity of 36.56%. The firm had revenue of C$962.85 million for the quarter. On average, research analysts predict that Maple Leaf Foods will post 1.4334187 EPS for the current fiscal year.
Maple Leaf Foods Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 31st were issued a dividend of $0.21 per share. The ex-dividend date was Monday, March 9th. This represents a $0.84 annualized dividend and a dividend yield of 2.9%. This is an increase from Maple Leaf Foods’s previous quarterly dividend of $0.19. Maple Leaf Foods’s dividend payout ratio is presently 20.90%.
More Maple Leaf Foods News
Here are the key news stories impacting Maple Leaf Foods this week:
- Positive Sentiment: Stifel Nicolaus raised its target on Maple Leaf Foods and reiterated a buy rating, signaling confidence in further upside. Tickerreport.com
- Positive Sentiment: Canaccord Genuity also lifted its price target and kept a buy rating, adding to the bullish analyst momentum. Tickerreport.com
- Positive Sentiment: Royal Bank of Canada and National Bank Financial both raised targets and maintained outperform calls, while Ventum Capital and Scotia also increased their targets, suggesting broad analyst confidence in Maple Leaf Foods’ outlook. BayStreet.CA
- Positive Sentiment: The company’s Q1 results showed revenue of C$962.85 million and EPS of C$0.34, with a reported net margin of 11.76% and return on equity of 35.43%, which may be helping support the stock. Earnings Transcript
- Neutral Sentiment: Maple Leaf Foods also announced the voting results from its 2026 annual general meeting, but no major market-moving details were highlighted. AGM Voting Results
Maple Leaf Foods Company Profile
Maple Leaf Foods Inc is a consumer-packaged meats company. It produces prepared meats and meals, fresh pork, and poultry and turkey products. The company also has agribusiness operations. These operations supply livestock to the meat products business operations. Its main markets are Canada, the United States, Japan, and China. The key brands are Maple Leaf and Schneiders, Maple Leaf Prime Naturally, Shopsy, Mitchell’s Gourmet Food, Larse, Parm, and Hygrade.
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