National Bank Financial Weighs in on Canadian Tire Co. Limited’s Q4 2017 Earnings (CTC)

Canadian Tire Co. Limited (TSE:CTC) – Stock analysts at National Bank Financial decreased their Q4 2017 EPS estimates for Canadian Tire Co. Limited in a research report issued to clients and investors on Thursday. National Bank Financial analyst V. Shreedhar now expects that the company will earn $3.81 per share for the quarter, down from their previous forecast of $3.82. National Bank Financial also issued estimates for Canadian Tire Co. Limited’s Q1 2018 earnings at $1.37 EPS and Q2 2018 earnings at $3.03 EPS.

Separately, Barclays PLC upped their price objective on Canadian Tire Co. Limited from C$171.00 to C$173.00 and gave the company an “overweight” rating in a research report on Monday, November 6th.

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Canadian Tire Co. Limited (TSE:CTC) opened at C$232.56 on Monday. Canadian Tire Co. Limited has a 12-month low of C$185.75 and a 12-month high of C$249.00.

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Wednesday, January 31st will be given a dividend of $0.90 per share. This is an increase from Canadian Tire Co. Limited’s previous quarterly dividend of $0.65. The ex-dividend date is Tuesday, January 30th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 1.55%. Canadian Tire Co. Limited’s dividend payout ratio is presently 24.26%.

About Canadian Tire Co. Limited

Canadian Tire Corporation, Limited is a Canada-based company, which operates through a range of businesses. The Company’s segments include Retail, CT REIT and Financial Services. Its retail segment operates through its retail banners, including Canadian Tire, PartSource, Petroleum, Mark’s, and the various FGL Sports banners.

Earnings History and Estimates for Canadian Tire Co. Limited (TSE:CTC)

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