George Weston Limited Expected to Earn FY2025 Earnings of $13.28 Per Share (TSE:WN)

George Weston Limited (TSE:WN) – Equities research analysts at Desjardins upped their FY2025 earnings estimates for shares of George Weston in a report issued on Wednesday, May 8th. Desjardins analyst C. Li now forecasts that the company will post earnings of $13.28 per share for the year, up from their previous estimate of $13.24. The consensus estimate for George Weston’s current full-year earnings is $11.88 per share.

Several other analysts also recently weighed in on WN. BMO Capital Markets lifted their target price on George Weston from C$185.00 to C$196.00 in a research note on Wednesday. TD Securities upped their price objective on shares of George Weston from C$226.00 to C$227.00 and gave the stock a “buy” rating in a report on Monday. Scotiabank raised their target price on shares of George Weston from C$200.00 to C$212.00 and gave the company a “sector perform” rating in a research note on Monday. Royal Bank of Canada upped their price target on shares of George Weston from C$216.00 to C$218.00 and gave the stock an “outperform” rating in a research note on Thursday, February 29th. Finally, CIBC boosted their target price on George Weston from C$222.00 to C$235.00 and gave the stock an “outperform” rating in a report on Wednesday. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, George Weston has an average rating of “Moderate Buy” and an average target price of C$216.67.

George Weston Price Performance

Shares of TSE:WN opened at C$188.98 on Thursday. The company has a current ratio of 1.24, a quick ratio of 0.73 and a debt-to-equity ratio of 158.23. The firm’s 50 day moving average is C$181.46 and its two-hundred day moving average is C$170.91. The firm has a market capitalization of C$25.40 billion, a P/E ratio of 17.56, a PEG ratio of 1.70 and a beta of 0.38. George Weston has a 52 week low of C$144.41 and a 52 week high of C$194.02.

George Weston (TSE:WN) last released its quarterly earnings data on Wednesday, February 28th. The company reported C$2.51 earnings per share for the quarter. The business had revenue of C$14.70 billion for the quarter. George Weston had a net margin of 2.56% and a return on equity of 19.71%.

George Weston Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 1st. Investors of record on Saturday, June 15th will be paid a dividend of $0.82 per share. The ex-dividend date of this dividend is Friday, June 14th. This is a positive change from George Weston’s previous quarterly dividend of $0.71. This represents a $3.28 annualized dividend and a yield of 1.74%. George Weston’s dividend payout ratio is currently 26.49%.

Insiders Place Their Bets

In other news, Senior Officer Andrew Michael Bunston sold 2,303 shares of the business’s stock in a transaction on Friday, March 22nd. The stock was sold at an average price of C$183.27, for a total transaction of C$422,079.10. In other George Weston news, Senior Officer Richard Dufresne sold 10,000 shares of George Weston stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of C$181.41, for a total transaction of C$1,814,055.00. Also, Senior Officer Andrew Michael Bunston sold 2,303 shares of the stock in a transaction on Friday, March 22nd. The shares were sold at an average price of C$183.27, for a total value of C$422,079.10. Over the last 90 days, insiders have sold 151,008 shares of company stock worth $24,350,724. 58.21% of the stock is owned by insiders.

George Weston Company Profile

George Weston Limited provides food and drug retailing, and financial services in Canada. The company operates through two segments, Loblaw Companies Limited (Loblaw) and Choice Properties Real Estate Investment Trust (Choice Properties). The Loblaw segment provides grocery, pharmacy and healthcare services, health and beauty products, apparel, general merchandise, and financial services.