Rogers Sugar Inc. to Post Q2 2024 Earnings of $0.13 Per Share, National Bank Financial Forecasts (TSE:RSI)

Rogers Sugar Inc. (TSE:RSIFree Report) – Stock analysts at National Bank Financial issued their Q2 2024 earnings estimates for Rogers Sugar in a research note issued on Thursday, February 8th. National Bank Financial analyst Z. Evershed expects that the company will post earnings per share of $0.13 for the quarter. National Bank Financial currently has a “Sector Perform Overweight” rating on the stock. The consensus estimate for Rogers Sugar’s current full-year earnings is $0.40 per share. National Bank Financial also issued estimates for Rogers Sugar’s Q3 2024 earnings at $0.09 EPS, Q4 2024 earnings at $0.14 EPS, FY2024 earnings at $0.48 EPS and FY2025 earnings at $0.46 EPS.

Rogers Sugar (TSE:RSIGet Free Report) last posted its quarterly earnings data on Thursday, November 30th. The company reported C$0.10 EPS for the quarter. The business had revenue of C$308.04 million for the quarter. Rogers Sugar had a net margin of 4.69% and a return on equity of 17.31%.

Several other equities research analysts have also recently commented on the stock. National Bankshares boosted their price target on shares of Rogers Sugar from C$5.50 to C$6.00 and gave the stock a “sector perform” rating in a research report on Friday. BMO Capital Markets cut their price target on shares of Rogers Sugar from C$6.50 to C$6.00 and set a “market perform” rating on the stock in a research report on Friday, December 1st. Finally, Scotiabank cut their price target on shares of Rogers Sugar from C$6.50 to C$6.00 and set a “sector perform” rating on the stock in a research report on Friday, December 1st.

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Rogers Sugar Trading Up 0.9 %

RSI opened at C$5.66 on Monday. The firm’s fifty day simple moving average is C$5.46 and its 200 day simple moving average is C$5.47. The company has a current ratio of 1.75, a quick ratio of 0.56 and a debt-to-equity ratio of 142.84. Rogers Sugar has a 12 month low of C$4.96 and a 12 month high of C$6.41. The stock has a market capitalization of C$595.15 million, a P/E ratio of 12.86 and a beta of 0.59.

Rogers Sugar Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 17th. Shareholders of record on Friday, March 29th will be issued a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 6.36%. The ex-dividend date is Wednesday, March 27th. Rogers Sugar’s dividend payout ratio is currently 81.82%.

Rogers Sugar Company Profile

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Rogers Sugar Inc engages in refining, packaging, marketing, and distribution of sugar and maple products in Canada, the United States, Europe, and internationally. The company operates in two segments, Sugar and Maple Products. It offers granulated, plantation raw, yellow, brown, organic, icing, maple, stevia, liquid, smart sweetener blend, and coconut sugar; and syrups, jam and jelly mixes, and iced tea mixes.

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