National Bank Financial Forecasts TSE:RCH Q1 Earnings

Richelieu Hardware Ltd. (TSE:RCH) – Investment analysts at National Bank Financial issued their Q1 2025 earnings estimates for Richelieu Hardware in a research note issued on Thursday, January 16th. National Bank Financial analyst Z. Evershed anticipates that the company will post earnings per share of $0.31 for the quarter. National Bank Financial also issued estimates for Richelieu Hardware’s Q2 2025 earnings at $0.51 EPS, Q3 2025 earnings at $0.53 EPS, Q4 2025 earnings at $0.59 EPS and FY2026 earnings at $2.40 EPS.

Separately, CIBC decreased their target price on shares of Richelieu Hardware from C$43.00 to C$42.00 in a research report on Wednesday, January 15th.

Richelieu Hardware Stock Up 1.6 %

Richelieu Hardware stock opened at C$42.57 on Monday. The company has a market cap of C$2.37 billion, a P/E ratio of 26.61, a price-to-earnings-growth ratio of 0.77 and a beta of 0.94. Richelieu Hardware has a 1-year low of C$36.30 and a 1-year high of C$45.06. The company has a fifty day simple moving average of C$38.97 and a 200 day simple moving average of C$39.18. The company has a current ratio of 3.46, a quick ratio of 0.72 and a debt-to-equity ratio of 26.31.

Insider Buying and Selling at Richelieu Hardware

In related news, Senior Officer Guy Grenier sold 3,000 shares of Richelieu Hardware stock in a transaction dated Friday, November 8th. The shares were sold at an average price of C$37.54, for a total transaction of C$112,632.90. Also, Senior Officer Antoine Auclair sold 5,400 shares of Richelieu Hardware stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of C$38.26, for a total transaction of C$206,605.62. Corporate insiders own 7.62% of the company’s stock.

Richelieu Hardware Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 13th. Shareholders of record on Thursday, February 13th will be paid a $0.1533 dividend. The ex-dividend date of this dividend is Thursday, January 30th. This represents a $0.61 dividend on an annualized basis and a yield of 1.44%. This is a boost from Richelieu Hardware’s previous quarterly dividend of $0.15. Richelieu Hardware’s dividend payout ratio (DPR) is currently 37.50%.

Richelieu Hardware Company Profile

Richelieu Hardware Ltd. manufactures, imports, and distributes specialty hardware and complementary products in Canada and the United States. The company’s principal product categories include furniture, glass and building decorative, and functional hardware; lighting systems; finishing and decorating products; ergonomic workstation components; kitchen and closet storage solutions; sliding door systems; decorative and functional panels; high-pressure laminates; railing and balusters; floor protection products; and power tool accessories.