MFI.TO - Maple Leaf Foods Inc.

Toronto - Toronto Delayed Price. Currency in CAD
28.81
-0.42 (-1.44%)
At close: 4:00PM EDT
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Previous Close29.23
Open29.29
Bid28.81 x 0
Ask28.98 x 0
Day's Range28.76 - 29.36
52 Week Range26.05 - 35.82
Volume139,623
Avg. Volume226,807
Market Cap3.587B
Beta (3Y Monthly)0.57
PE Ratio (TTM)44.46
EPS (TTM)0.65
Earnings DateOct. 30, 2019
Forward Dividend & Yield0.58 (1.98%)
Ex-Dividend Date2019-09-05
1y Target Est40.57
  • Media Advisory - Maple Leaf Foods Inc. 2019 Third Quarter Financial Results Conference Call
    CNW Group

    Media Advisory - Maple Leaf Foods Inc. 2019 Third Quarter Financial Results Conference Call

    TSX: MFI www.mapleleaffoods.com TORONTO , Oct. 10, 2019 /CNW/ - Maple Leaf Foods Inc. will report its financial results for the third quarter 2019 on October 30, 2019 . The financial results will be released ...

  • Despite Its High P/E Ratio, Is Maple Leaf Foods Inc. (TSE:MFI) Still Undervalued?
    Simply Wall St.

    Despite Its High P/E Ratio, Is Maple Leaf Foods Inc. (TSE:MFI) Still Undervalued?

    This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll show...

  • TFSA Investors: 3 Stocks Yielding up to 7.8% That Can Also Help Diversify Your Portfolio
    The Motley Fool

    TFSA Investors: 3 Stocks Yielding up to 7.8% That Can Also Help Diversify Your Portfolio

    Thomson Reuters Corp (TSX:TRI)(NYSE:TRI) and these two other dividend stocks can provide your portfolio with a lot of recurring income.

  • Forget Marijuana Stocks, Buy This 1 Stock Instead
    The Motley Fool

    Forget Marijuana Stocks, Buy This 1 Stock Instead

    Maple Leaf Foods Inc. (TSX:MFI) has a 52-week range between $26.05 and $35.82 which presents an excellent investment opportunity.

  • Maple Leaf Foods Names Casey Richards Senior Vice-President of Marketing and Innovation
    CNW Group

    Maple Leaf Foods Names Casey Richards Senior Vice-President of Marketing and Innovation

    MISSISSAUGA, ON , Sept. 9, 2019 /CNW/ - Maple Leaf Foods, Inc.  ("Maple Leaf" or the "Company") (TSX: MFI) today named Casey Richards Senior Vice-President of Marketing and Innovation. ...

  • Should Income Investors Look At Maple Leaf Foods Inc. (TSE:MFI) Before Its Ex-Dividend?
    Simply Wall St.

    Should Income Investors Look At Maple Leaf Foods Inc. (TSE:MFI) Before Its Ex-Dividend?

    Maple Leaf Foods Inc. (TSE:MFI) stock is about to trade ex-dividend in 4 days time. This means that investors who...

  • Plant-based protein leader Greenleaf Foods, SPC, names Adam Grogan Chief Operating Officer
    CNW Group

    Plant-based protein leader Greenleaf Foods, SPC, names Adam Grogan Chief Operating Officer

    CHICAGO , Aug. 27, 2019 /CNW/ - Plant-based protein leader Greenleaf Foods, SPC, today named Adam Grogan Chief Operating Officer effective September 9 , 2019.  Grogan currently serves as Senior Vice President ...

  • 2 Hot TSX Stocks to Buy Before 2020
    The Motley Fool

    2 Hot TSX Stocks to Buy Before 2020

    Jamieson Wellness Inc. (TSX:JWEL) and Maple Leaf Foods Inc. (TSX:MFI) boast footprints in two fast-growing sectors that can reward investors in the long term.

  • 2 Beyond-Incredible Stocks to Ride the Coattails of Beyond Meat (NASDAQ:BYND) and Plant-Based Meat Substitutes
    The Motley Fool

    2 Beyond-Incredible Stocks to Ride the Coattails of Beyond Meat (NASDAQ:BYND) and Plant-Based Meat Substitutes

    Restaurant Brands International Inc. (TSX:QSR)(NYSE:QSR) and another alternative are ways to play the rise of plant-based meat substitutes.

  • Can This TSX Stock Become Canada’s Beyond Meat (NASDAQ:BYND) Success Story?
    The Motley Fool

    Can This TSX Stock Become Canada’s Beyond Meat (NASDAQ:BYND) Success Story?

    Maple Leaf Foods Inc. (TSX:MFI) has joined the growing list of companies rushing into the market for meat alternatives. Can the company compete with Beyond Meat, Inc. (NASDAQ:BYND)?

  • Maple Leaf Foods Launches Search for New Chief Financial Officer
    CNW Group

    Maple Leaf Foods Launches Search for New Chief Financial Officer

    Debbie Simpson , CFO, has decided to depart the Company November 1, 2019 MISSISSAUGA, ON , Aug. 19 , 201 9 /CNW/ -  Maple Leaf Foods, Inc.  ("Maple Leaf" or the "Company") (TSX: MFI) ...

  • Food Guilt is Real For More Than a Third of Canadian Parents
    CNW Group

    Food Guilt is Real For More Than a Third of Canadian Parents

    TORONTO, Aug. 14, 2019 /CNW/ - Canadian parents are feeling increasing pressures from other parents and peers, particularly when feeding their kids, according to a new study from Maple Leaf Foods. The research reveals a third of Canadian parents want others to think they are the 'perfect parent' (31 per cent) and feel guilty for feeding their kids foods they enjoy like hot dogs (34 per cent), while an additional one in four said they felt judged by others for doing so (26 per cent). Canadian parents say they feel increasing pressure from multiple directions.

  • Shareholders Should Look Hard At Maple Leaf Foods Inc.’s (TSE:MFI) 6.7% Return On Capital
    Simply Wall St.

    Shareholders Should Look Hard At Maple Leaf Foods Inc.’s (TSE:MFI) 6.7% Return On Capital

    Today we are going to look at Maple Leaf Foods Inc. (TSE:MFI) to see whether it might be an attractive investment...

  • Thomson Reuters StreetEvents

    Edited Transcript of MFI.TO earnings conference call or presentation 1-Aug-19 6:30pm GMT

    Q2 2019 Maple Leaf Foods Inc Earnings Call

  • Maple Leaf Foods Releases 2018 Sustainability Report
    CNW Group

    Maple Leaf Foods Releases 2018 Sustainability Report

    MISSISSAUGA, ON, Aug. 6, 2019 /CNW/ - (TSX:  MFI) – Maple Leaf Foods announced today the release of its 2018 Sustainability Report which outlines the company's key achievements over the past year and targets for the current year. Becoming a sustainable protein company is a journey Maple Leaf Foods has been on for several years, and while work remains to be done, meaningful progress has been accomplished in 2018. "At Maple Leaf Foods, we are working toward more sustainable food production and a more sustainable protein industry by doing things smarter, better and more responsibly," said Michael McCain, President and CEO, Maple Leaf Foods.

  • Alert! This TSX Stock Can Be Canada’s Beyond Meat (NASDAQ:BYND)
    The Motley Fool

    Alert! This TSX Stock Can Be Canada’s Beyond Meat (NASDAQ:BYND)

    Maple Leaf Foods Inc. (TSX:MFI) stock surged after its second-quarter 2019 results showed that its plant-based proteins products have performed well.

  • Maple Leaf Foods posts Q2 sales up 12.5%, fuelled by plant-based protein
    The Canadian Press

    Maple Leaf Foods posts Q2 sales up 12.5%, fuelled by plant-based protein

    MISSISSAUGA, Ont. — Maple Leaf Foods Inc.'s second-quarter sales rose by 12.5 per cent, fuelled in part by growing demand for plant-based protein products.The company said Thursday its revenue grew to $1.02 billion, up from $909.2 million a year ago, driven by acquisitions, its value-added product portfolio and continued double-digit growth in plant-based protein.The company has heavily invested in plant-based protein, acquiring two brands — Field Roast Grain Meat and Lightlife.Maple Leaf Foods chief executive Michael McCain says its meat protein business delivered excellent profit growth even with difficult market conditions, and it is well-positioned to capitalize on the growing demand for plant-based protein."We have materially stepped up our game as a leader in the plant-based protein market, positioning us to win in this high-growth business," he said in a statement.The trend toward plant-based protein is shaking up the food industry and has some traditional meat producers worried, while others, like Maple Leaf are hopping into the game themselves.Maple Leaf plans to pursue aggressive growth in the plant-based protein space, targeting 2020 sales of more than $280 million.Shares in competitor and market leader Beyond Meat have risen more than 600 per cent since it went public in May as it reported revenue of more than $67 million that blew past analysts' expectations and raised its outlook for the year.Restaurants across Canada are jumping into the market, with Tim Hortons and A&W offering Beyond Meat burgers. Kelsey's Original Roadhouse started to serve a bourbon BBQ meatless burger from Maple Leaf's Lightlife brand in June.When A&W Food Services of Canada Inc. started selling Beyond Meat burgers, the chain temporarily ran out of stock.Maple Leaf has said it believes Lightlife's veggie burger will be more broadly distributed than the Beyond Meat burger, though the company has lost some market share to its competitor.The other major player in the plant-based protein space is Impossible Foods, which is ramping up production to meet demand from customers, including big chains like White Castle and Burger King.U.S. sales of meat alternatives have grown an average of eight per cent per year for the last five years, according to Nielsen. Meat sales were flat in the same time period.Despite the growth of the plant-based protein segment, Maple Leaf posted a net loss of $6.3 million or five cents per share during the three months ended June 30 due to $60.7 million of non-cash fair value changes on balance sheet items.On an adjusted basis, Maple Leaf reported operating earnings of $65.2 million, or 33 cents per share. Analysts had expected quarterly revenue of $1 billion and earnings per share of 31 cents, according to financial markets data firm Refinitiv. Companies in this story: (TSX:MFI)The Canadian Press

  • Maple Leaf Foods Reports Second Quarter 2019 Financial Results
    CNW Group

    Maple Leaf Foods Reports Second Quarter 2019 Financial Results

    TSX: MFI www.mapleleaffoods.com MISSISSAUGA, ON , Aug. 1, 2019 /CNW/ - Maple Leaf Foods Inc. ("Maple Leaf Foods" or "the Company") (TSX: MFI) today reported its financial results for ...

  • Maple Leaf Foods (TSE:MFI) Shareholders Booked A 47% Gain In The Last Five Years
    Simply Wall St.

    Maple Leaf Foods (TSE:MFI) Shareholders Booked A 47% Gain In The Last Five Years

    When we invest, we're generally looking for stocks that outperform the market average. And in our experience, buying...

  • Media Advisory - Maple Leaf Foods Inc. 2019 Second Quarter Financial Results Conference Call
    CNW Group

    Media Advisory - Maple Leaf Foods Inc. 2019 Second Quarter Financial Results Conference Call

    TSX: MFI www.mapleleaffoods.com TORONTO , July 18, 2019 /CNW/ - Maple Leaf Foods Inc. will report its financial results for the second quarter 2019 on August 1, 2019 . The financial results will be released ...

  • Add Passive Income and Diversify With These 3 Stocks
    The Motley Fool

    Add Passive Income and Diversify With These 3 Stocks

    Maple Leaf Foods Inc (TSX:MFI) and these two other dividend stocks can give your portfolio recurring income and many opportunities for growth as well.

  • Maple Leaf Foods unveils new Canadian hot dog etiquette rules in time for National Hot Dog Day, July 17
    CNW Group

    Maple Leaf Foods unveils new Canadian hot dog etiquette rules in time for National Hot Dog Day, July 17

    Maker of Natural Top Dogs celebrates the role of hot dogs in Canadian culture MISSISSAUGA, ON , July 16, 2019 /CNW/ - In celebration of National Hot Dog Day, Maple Leaf Foods, maker of the Maple Leaf Natural ...

  • Warning! 2 Stocks That Are High Risk This Summer
    The Motley Fool

    Warning! 2 Stocks That Are High Risk This Summer

    The geopolitical spat between China and Canada threatens stocks like Maple Leaf Foods Inc. (TSX:MFI) in 2019 and beyond.