MTY Food Group Inc. (MTY) To Go Ex-Dividend on May 5th

MTY Food Group Inc. (TSE:MTY) announced a quarterly dividend on Tuesday, May 5th, TickerTech Dividends reports. Investors of record on Friday, May 15th will be paid a dividend of 0.37 per share on Friday, May 15th. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend is Tuesday, May 5th.

MTY Food Group Trading Up 0.3%

TSE:MTY opened at C$40.70 on Friday. The company has a current ratio of 0.69, a quick ratio of 0.57 and a debt-to-equity ratio of 127.62. MTY Food Group has a 1-year low of C$32.92 and a 1-year high of C$46.36. The firm has a market capitalization of C$929.63 million, a price-to-earnings ratio of 6.05, a PEG ratio of 0.75 and a beta of 0.85. The business’s 50-day moving average price is C$39.69 and its two-hundred day moving average price is C$38.74.

MTY Food Group (TSE:MTY) last announced its quarterly earnings results on Friday, April 10th. The company reported C$0.98 EPS for the quarter. MTY Food Group had a return on equity of 18.59% and a net margin of 13.14%.The company had revenue of C$267.77 million during the quarter. On average, equities analysts expect that MTY Food Group will post 4.4909091 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages have recently issued reports on MTY. TD Securities boosted their price target on shares of MTY Food Group from C$37.00 to C$45.00 and gave the company a “hold” rating in a report on Friday, February 20th. Raymond James Financial decreased their target price on MTY Food Group from C$46.00 to C$45.00 and set a “market perform” rating for the company in a research note on Monday, April 13th. TD dropped their price target on MTY Food Group from C$45.00 to C$42.00 and set a “hold” rating on the stock in a research report on Monday, April 13th. Royal Bank Of Canada decreased their price objective on MTY Food Group from C$48.00 to C$46.00 and set a “sector perform” rating for the company in a research report on Monday, April 13th. Finally, National Bank Financial set a C$49.00 price target on shares of MTY Food Group and gave the company an “outperform” rating in a research note on Monday, April 6th. Two research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of C$46.00.

MTY Food Group Company Profile

MTY Food Group Inc is a franchisor in the quick service and casual dining food industry. Its activities consist of franchising and operating corporate-owned locations as well as the sale of retail products under a multitude of banners. The company’s operating segment is based on geographical regions namely Canada and US and International. It generates maximum revenue from Canada. The company brands include Big Smoke Burger, Cafe Depot, Country Style, Croissant Plus, Cultures, Extremepita, Fabrika, Jus Jugo Juice, Koya Japan, ManchuWok, Muffin plus, Valentine, Van Houtte, Shushiman and others.