National Bank Financial Weighs in on Mullen Group Q1 Earnings

Mullen Group Ltd. (TSE:MTL) – Equities researchers at National Bank Financial issued their Q1 2025 earnings per share estimates for shares of Mullen Group in a research note issued to investors on Thursday, February 13th. National Bank Financial analyst C. Doerksen anticipates that the company will post earnings per share of $0.18 for the quarter. National Bank Financial also issued estimates for Mullen Group’s FY2025 earnings at $1.22 EPS and FY2026 earnings at $1.39 EPS.

A number of other analysts have also recently weighed in on the company. Raymond James dropped their price target on Mullen Group from C$18.50 to C$17.50 in a research report on Friday, February 14th. Scotiabank reduced their price objective on shares of Mullen Group from C$20.00 to C$19.00 in a report on Thursday, January 30th. BMO Capital Markets raised their target price on Mullen Group from C$17.00 to C$20.00 in a research note on Friday, October 25th. National Bankshares lifted their price target on shares of Mullen Group from C$18.00 to C$19.00 in a research report on Monday, December 9th. Finally, CIBC increased their price target on shares of Mullen Group from C$16.50 to C$17.50 in a research report on Friday, October 25th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$18.84.

Mullen Group Trading Up 1.9 %

Shares of MTL opened at C$13.72 on Monday. Mullen Group has a one year low of C$12.47 and a one year high of C$16.06. The company has a debt-to-equity ratio of 120.69, a quick ratio of 1.06 and a current ratio of 1.62. The company has a market capitalization of C$1.22 billion, a P/E ratio of 9.95, a P/E/G ratio of 1.81 and a beta of 1.82. The stock has a 50-day moving average price of C$14.68 and a 200 day moving average price of C$14.67.

Mullen Group Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Tuesday, February 18th were paid a dividend of $0.07 per share. The ex-dividend date of this dividend was Friday, January 31st. This represents a $0.84 dividend on an annualized basis and a dividend yield of 6.12%. Mullen Group’s dividend payout ratio is 60.92%.

Mullen Group Company Profile

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.