Maple Leaf Foods Inc. (TSE:MFI) Director Buys C$99,990.54 in Stock

Maple Leaf Foods Inc. (TSE:MFI) Director Linda Mantia bought 4,498 shares of the business’s stock in a transaction that occurred on Friday, November 15th. The shares were bought at an average cost of C$22.23 per share, for a total transaction of C$99,990.54.

Maple Leaf Foods Price Performance

TSE:MFI traded down C$0.18 during trading hours on Friday, hitting C$22.23. 36,711 shares of the company’s stock traded hands, compared to its average volume of 169,002. Maple Leaf Foods Inc. has a 52 week low of C$21.05 and a 52 week high of C$27.55. The business’s fifty day simple moving average is C$22.03 and its two-hundred day simple moving average is C$23.02. The company has a quick ratio of 0.54, a current ratio of 1.32 and a debt-to-equity ratio of 132.03. The firm has a market cap of C$2.74 billion, a P/E ratio of 249.00, a P/E/G ratio of 18.07 and a beta of 0.47.

Maple Leaf Foods Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 27th were given a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 3.96%. The ex-dividend date was Friday, September 6th. Maple Leaf Foods’s dividend payout ratio (DPR) is 977.78%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on MFI. National Bankshares reduced their price objective on shares of Maple Leaf Foods from C$28.00 to C$26.00 in a research report on Thursday. TD Securities dropped their target price on shares of Maple Leaf Foods from C$35.00 to C$34.00 and set a “buy” rating on the stock in a research note on Thursday. Finally, CIBC decreased their price target on shares of Maple Leaf Foods from C$31.00 to C$30.00 in a research note on Friday, August 9th. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, Maple Leaf Foods currently has an average rating of “Buy” and a consensus price target of C$29.93.

Maple Leaf Foods Company Profile

Maple Leaf Foods Inc produces food products in the United States, Canada, Japan, China, and internationally. The company operates through Meat Protein Group and Plant Protein Group segments. It produces various food products, including prepared meats, ready-to-cook and ready-to-serve meals, fresh pork and poultry, and plant protein products; bacon, hams, wieners, and meat snacks; a variety of delicatessen products; and processed chicken products, such as fully cooked chicken breasts and wings, processed turkey products, specialty sausages, cooked meats, sliced meats, cooked sausage products, lunch kits, and canned meats.