Mullen Group Ltd. (TSE:MTL – Free Report) – Stock analysts at Raymond James dropped their FY2025 earnings estimates for shares of Mullen Group in a research report issued on Tuesday, October 15th. Raymond James analyst M. Barth now anticipates that the company will earn $1.15 per share for the year, down from their previous forecast of $1.17. Raymond James also issued estimates for Mullen Group’s FY2026 earnings at $1.31 EPS.
Mullen Group (TSE:MTL – Get Free Report) last announced its earnings results on Thursday, July 25th. The company reported C$0.37 EPS for the quarter, beating analysts’ consensus estimates of C$0.30 by C$0.07. The business had revenue of C$495.60 million during the quarter, compared to analysts’ expectations of C$490.50 million. Mullen Group had a net margin of 6.30% and a return on equity of 12.74%.
Mullen Group Trading Up 0.1 %
TSE:MTL opened at C$14.57 on Friday. Mullen Group has a one year low of C$12.47 and a one year high of C$15.71. The business has a fifty day moving average price of C$14.30 and a 200-day moving average price of C$13.78. The firm has a market capitalization of C$1.28 billion, a price-to-earnings ratio of 10.87, a price-to-earnings-growth ratio of 1.81 and a beta of 1.82. 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 business also recently announced a monthly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were issued a $0.07 dividend. This represents a $0.84 annualized dividend and a dividend yield of 5.77%. The ex-dividend date of this dividend was Monday, September 30th. Mullen Group’s dividend payout ratio (DPR) is presently 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.
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