George Weston (WN) Scheduled to Post Earnings on Tuesday

George Weston (TSE:WN) is scheduled to be announcing its earnings results before the market opens on Tuesday, May 7th.

George Weston (TSE:WN) last released its quarterly earnings data on Wednesday, February 28th. The company reported C$2.51 earnings per share (EPS) for the quarter. The firm had revenue of C$14.70 billion for the quarter. George Weston had a net margin of 2.56% and a return on equity of 19.71%.

George Weston Stock Performance

Shares of TSE:WN opened at C$185.50 on Monday. The company has a quick ratio of 0.73, a current ratio of 1.24 and a debt-to-equity ratio of 158.23. The company has a market capitalization of C$24.93 billion, a price-to-earnings ratio of 17.26, a price-to-earnings-growth ratio of 1.70 and a beta of 0.38. The firm has a 50 day moving average of C$180.73 and a 200 day moving average of C$170.05. George Weston has a 52 week low of C$144.41 and a 52 week high of C$187.93.

George Weston Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 1st. Shareholders of record on Friday, March 15th were issued a $0.713 dividend. The ex-dividend date was Thursday, March 14th. This represents a $2.85 dividend on an annualized basis and a yield of 1.54%. George Weston’s dividend payout ratio is presently 26.51%.

Insiders Place Their Bets

In other George Weston news, Director Willard Galen Garfield Weston sold 79,200 shares of the firm’s stock in a transaction on Thursday, February 29th. The stock was sold at an average price of C$144.88, for a total value of C$11,474,503.92. In other news, Director Willard Galen Garfield Weston sold 79,200 shares of the business’s stock in a transaction that occurred on Thursday, February 29th. The stock was sold at an average price of C$144.88, for a total transaction of C$11,474,503.92. Also, Senior Officer Rashid Wasti sold 1,086 shares of the company’s stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of C$176.24, for a total value of C$191,393.60. In the last three months, insiders sold 151,008 shares of company stock worth $24,350,724. Corporate insiders own 58.56% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on WN. TD Securities boosted their price target on George Weston from C$205.00 to C$215.00 and gave the stock a “buy” rating in a research note on Monday, February 26th. BMO Capital Markets raised their price target on shares of George Weston from C$172.00 to C$185.00 and gave the stock an “outperform” rating in a report on Friday, March 1st. Royal Bank of Canada boosted their price objective on shares of George Weston from C$216.00 to C$218.00 and gave the company an “outperform” rating in a report on Thursday, February 29th. Finally, CIBC raised their target price on George Weston from C$213.00 to C$222.00 and gave the stock an “outperform” rating in a research note on Thursday, February 29th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$201.00.

George Weston Company Profile

George Weston Limited provides food and drug retailing, and financial services in Canada. The company operates through two segments, Loblaw Companies Limited (Loblaw) and Choice Properties Real Estate Investment Trust (Choice Properties). The Loblaw segment provides grocery, pharmacy and healthcare services, health and beauty products, apparel, general merchandise, and financial services.