Mullen Group FY2025 EPS Decreased by National Bank Financial

Mullen Group Ltd. (TSE:MTL) – National Bank Financial dropped their FY2025 EPS estimates for shares of Mullen Group in a report released on Monday, December 9th. National Bank Financial analyst C. Doerksen now forecasts that the company will post earnings per share of $1.31 for the year, down from their previous forecast of $1.38. National Bank Financial also issued estimates for Mullen Group’s FY2026 earnings at $1.42 EPS.

MTL has been the subject of several other research reports. CIBC boosted their target price on Mullen Group from C$16.50 to C$17.50 in a research note on Friday, October 25th. National Bankshares raised their price objective on shares of Mullen Group from C$18.00 to C$19.00 in a research report on Monday. Raymond James cut their price target on shares of Mullen Group from C$18.75 to C$18.50 in a report on Tuesday. TD Securities decreased their target price on Mullen Group from C$22.00 to C$21.00 and set a “buy” rating on the stock in a research report on Wednesday, September 11th. Finally, Cormark dropped their price objective on shares of Mullen Group from C$20.75 to C$19.75 in a research note on Tuesday. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of C$18.97.

Mullen Group Trading Down 0.2 %

MTL opened at C$15.43 on Wednesday. The business has a fifty day moving average price of C$15.00 and a 200 day moving average price of C$14.10. The stock has a market capitalization of C$1.35 billion, a price-to-earnings ratio of 11.51, a PEG ratio of 1.81 and a beta of 1.82. Mullen Group has a 12 month low of C$12.47 and a 12 month high of C$16.06. The company has a debt-to-equity ratio of 93.56, a current ratio of 0.75 and a quick ratio of 1.06.

Mullen Group Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, November 15th. Stockholders of record on Thursday, October 31st were issued a dividend of $0.07 per share. The ex-dividend date was Thursday, October 31st. This represents a $0.84 dividend on an annualized basis and a dividend yield of 5.44%. Mullen Group’s payout ratio is 62.69%.

About Mullen Group

Mullen Group Ltd. provides a range of trucking and logistics services in Canada and the United States. The Less-Than-Truckload segment delivers general freight consisting of smaller shipments, packages, and parcels; and pharmaceutical and package products. The Logistics & Warehousing segment offers full truckload, specialized transportation, warehousing, and fulfillment centers that handle e-commerce transactions and transload facilities for intermodal and bulk shipments; technology solutions, including transportation, inventory, and warehouse management systems; and warehousing and distribution services.