What is Scotiabank’s Forecast for TSE:TVK FY2025 Earnings?

TerraVest Industries Inc. (TSE:TVK) – Equities research analysts at Scotiabank issued their FY2025 earnings estimates for shares of TerraVest Industries in a research note issued on Wednesday, March 19th. Scotiabank analyst J. Goldman forecasts that the company will post earnings per share of $4.13 for the year. Scotiabank has a “Outperform” rating and a $140.00 price objective on the stock. The consensus estimate for TerraVest Industries’ current full-year earnings is $4.45 per share. Scotiabank also issued estimates for TerraVest Industries’ FY2026 earnings at $4.99 EPS.

Other equities analysts have also recently issued reports about the company. National Bank Financial cut TerraVest Industries from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 25th. Canaccord Genuity Group upped their price objective on shares of TerraVest Industries from C$132.00 to C$170.00 and gave the stock a “buy” rating in a report on Tuesday, March 18th. National Bankshares lifted their target price on shares of TerraVest Industries from C$126.00 to C$134.00 and gave the company a “sector perform” rating in a research note on Tuesday, March 18th. Finally, Desjardins boosted their price target on shares of TerraVest Industries from C$125.00 to C$150.00 and gave the company a “buy” rating in a research report on Tuesday, March 18th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of C$137.00.

TerraVest Industries Stock Up 1.0 %

Shares of TSE:TVK opened at C$149.76 on Monday. The stock’s 50-day moving average is C$124.16 and its 200 day moving average is C$113.87. The company has a market cap of C$2.94 billion, a PE ratio of 44.18 and a beta of 0.66. The company has a debt-to-equity ratio of 82.38, a current ratio of 2.44 and a quick ratio of 0.91. TerraVest Industries has a 1 year low of C$56.84 and a 1 year high of C$152.07.

TerraVest Industries Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Thursday, April 10th will be paid a dividend of $0.175 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.70 annualized dividend and a yield of 0.47%. This is a positive change from TerraVest Industries’s previous quarterly dividend of $0.15. TerraVest Industries’s payout ratio is presently 17.70%.

About TerraVest Industries

TerraVest Industries Inc manufactures and sells goods and services to energy, agriculture, mining, transportation, and other markets in Canada and the United States. It operates through four segments: Home Heating and Cooling Products (HVAC Equipment); Compressed Gas Storage and Distribution Equipment (Compressed Gas Equipment); Energy Processing Equipment (Processing Equipment); and Service.