MTY Food Group Inc. (TSE:MTY – Get Free Report) has been assigned an average recommendation of “Hold” from the eight brokerages that are currently covering the stock, Marketbeat Ratings reports. Six research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is C$42.12.
Several analysts recently issued reports on the stock. Scotia reduced their price target on shares of MTY Food Group from C$45.00 to C$40.00 and set a “sector perform” rating on the stock in a research report on Monday, July 13th. Acumen Capital decreased their price target on MTY Food Group from C$50.00 to C$48.00 and set a “buy” rating on the stock in a research note on Monday, July 13th. National Bank Financial lowered their price target on MTY Food Group from C$43.00 to C$40.00 and set an “outperform” rating for the company in a report on Tuesday, September 15th. Raymond James Financial dropped their price objective on MTY Food Group from C$45.00 to C$40.00 and set a “market perform” rating for the company in a research report on Monday, July 13th. Finally, Royal Bank Of Canada reduced their price objective on MTY Food Group from C$46.00 to C$41.00 and set a “sector perform” rating on the stock in a research note on Monday, July 13th.
Get Our Latest Research Report on MTY Food Group
MTY Food Group Trading Up 3.0%
MTY Food Group (TSE:MTY – Get Free Report) last announced its quarterly earnings data on Friday, October 9th. The company reported C$1.26 earnings per share for the quarter. The firm had revenue of C$277.73 million during the quarter. MTY Food Group had a return on equity of 13.22% and a net margin of 9.78%. On average, research analysts anticipate that MTY Food Group will post 4.49 EPS for the current fiscal year.
MTY Food Group Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Friday, August 14th were issued a $0.37 dividend. The ex-dividend date of this dividend was Tuesday, August 4th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 4.8%. MTY Food Group’s dividend payout ratio is 28.46%.
Trending Headlines about MTY Food Group
Here are the key news stories impacting MTY Food Group this week:
- Positive Sentiment: MTY raised its quarterly dividend by 35% and authorized a share-buyback program after completing its strategic review. The capital-return measures may support the stock by signaling management’s confidence and improving shareholder yield. MTY Reports Third Quarter Results for Fiscal 2026 MTY Food Group to Buy Back Shares and Raise Dividend
- Positive Sentiment: Adjusted third-quarter EPS beat analyst expectations, providing a more favorable view of underlying performance despite lower reported profit. MTY Group Raises Dividend as Adjusted EPS Beats Estimates
- Positive Sentiment: TD assigned MTY a C$38.00 price target. Although the rating remains “hold,” the target is above the stock’s recent trading level and suggests potential upside if operating conditions improve. MTY Food Group Price Target Set at C$38 by TD
- Neutral Sentiment: MTY reported third-quarter revenue of C$277.73 million and EPS of C$1.26, while maintaining a net margin of 9.78% and return on equity of 13.22%. MTY Food Group Third-Quarter Earnings Results
- Negative Sentiment: Reported third-quarter profit declined as cautious consumers pressured demand, highlighting continued risks for MTY’s restaurant and food-service businesses. MTY Food Group Third-Quarter Profit Falls on Cautious Consumers
About MTY Food Group
MTY Group franchises and operates quick-service, fast casual and casual dining restaurants over 80 different banners in Canada, the US and Internationally. Based in Montreal, MTY is a family whose heart beats to the rhythm of its brands, the very soul of its multi-branded strategy. For over 45 years, it has been increasing its presence by delivering new concepts of restaurants, making acquisitions, and forging strategic alliances, which have allowed it to reach new heights year after year. By combining new trends with operational know-how, the brands forming the MTY Group now touch the lives of millions of people every year.
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