Rogers Sugar (TSE:RSI) Releases Earnings Results

Rogers Sugar (TSE:RSI) released its quarterly earnings data on Thursday. The company reported C$0.13 EPS for the quarter, FiscalAI reports. The company had revenue of C$293.69 million for the quarter. Rogers Sugar had a return on equity of 14.94% and a net margin of 5.58%.

Here are the key takeaways from Rogers Sugar’s conference call:

• Q3 adjusted net earnings were CAD 16 million, or CAD 0.13 per share, broadly in line with last year, while nine-month adjusted EBITDA rose to nearly CAD 121 million from CAD 111 million.
• The sugar segment remained resilient despite a 3% volume decline, with improved refining contribution and signs of recovery in confectionery demand; full-year sugar volume guidance was modestly raised to 745,000 metric tons.
• Maple performance was below expectations as food inflation and softer global demand pressured volumes and margins; management now expects fiscal 2026 Maple results to be below fiscal 2025.
• The LEAP expansion remains on schedule and within its CAD 280 million–CAD 300 million cost range, with commissioning progressing and incremental refining capacity still expected to come online in the first half of calendar 2027.
• Rogers secured labor agreements at its Montreal and Taber facilities through 2031 and 2032, respectively, extended its revolving credit facility to July 2031, and declared its quarterly CAD 0.09-per-share dividend.

Rogers Sugar Stock Down 0.9%

Shares of RSI traded down C$0.06 during midday trading on Thursday, reaching C$6.82. 552,893 shares of the stock were exchanged, compared to its average volume of 278,253. Rogers Sugar has a 12-month low of C$5.65 and a 12-month high of C$7.16. The firm has a 50 day simple moving average of C$6.91 and a 200-day simple moving average of C$6.66. The company has a quick ratio of 0.56, a current ratio of 2.22 and a debt-to-equity ratio of 88.50. The company has a market cap of C$874.77 million, a price-to-earnings ratio of 12.87 and a beta of 0.71.

Rogers Sugar Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 15th were paid a dividend of $0.09 per share. The ex-dividend date of this dividend was Friday, June 26th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 5.3%. Rogers Sugar’s dividend payout ratio (DPR) is 67.92%.

Wall Street Analysts Forecast Growth

Separately, TD Securities upgraded shares of Rogers Sugar to a “hold” rating in a research note on Monday, May 11th. One research analyst has rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of C$6.90.

Insider Activity at Rogers Sugar

In related news, insider Michael Walton sold 14,100 shares of the firm’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of C$6.81, for a total transaction of C$96,021.00. Following the transaction, the insider owned 246,647 shares of the company’s stock, valued at approximately C$1,679,666.07. This trade represents a 5.41% decrease in their ownership of the stock. Over the last three months, insiders sold 58,000 shares of company stock valued at $395,419. Insiders own 0.28% of the company’s stock.

About Rogers Sugar

Rogers is a corporation established under the laws of Canada. The Corporation holds all of the common shares of Lantic and its administrative office is in Montréal, Québec. Lantic operates cane sugar refineries in Montréal, Québec, and Vancouver, British Columbia, as well as the only Canadian sugar beet processing facility in Taber, Alberta. Lantic also operates a distribution center in Toronto, Ontario. Lantic’s sugar products are mainly marketed under the ‘Lantic’ trademark in Eastern Canada, and the ‘Rogers’ trademark in Western Canada and include granulated, icing, cube, yellow and brown sugars, liquid sugars, and specialty syrups.