National Bank Financial Estimates Mullen Group Q1 Earnings

Mullen Group Ltd. (TSE:MTL) – Research analysts at National Bank Financial issued their Q1 2025 earnings per share (EPS) estimates for Mullen Group in a report released on Thursday, February 13th. National Bank Financial analyst C. Doerksen forecasts 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 issued reports on the stock. 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, December 9th. CIBC lifted their price objective on Mullen Group from C$16.50 to C$17.50 in a research note on Friday, October 25th. BMO Capital Markets increased their price target on shares of Mullen Group from C$17.00 to C$20.00 in a report on Friday, October 25th. Scotiabank cut their target price on Mullen Group from C$20.00 to C$19.00 in a research report on Thursday, January 30th. Finally, Cormark reduced their target price on shares of Mullen Group from C$20.75 to C$19.75 in a research note on Tuesday, December 10th. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Mullen Group presently has an average rating of “Moderate Buy” and a consensus target price of C$18.84.

Mullen Group Stock Performance

Shares of MTL opened at C$13.72 on Monday. The business’s 50 day moving average price is C$14.68 and its 200-day moving average price is C$14.67. Mullen Group has a 52 week low of C$12.47 and a 52 week high of C$16.06. The company has a quick ratio of 1.06, a current ratio of 1.62 and a debt-to-equity ratio of 120.69. The stock has a market cap 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.

Mullen Group Announces Dividend

The business also recently announced 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 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 currently 60.92%.

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.