Park Lawn Co. to Post FY2025 Earnings of $1.23 Per Share, Cormark Forecasts (TSE:PLC)

Park Lawn Co. (TSE:PLC) – Research analysts at Cormark upped their FY2025 EPS estimates for shares of Park Lawn in a note issued to investors on Monday, May 13th. Cormark analyst K. Mcphee now forecasts that the company will post earnings of $1.23 per share for the year, up from their previous forecast of $1.19. The consensus estimate for Park Lawn’s current full-year earnings is $1.10 per share.

Park Lawn (TSE:PLC) last posted its quarterly earnings results on Thursday, May 9th. The company reported C$0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.27 by C$0.02. The firm had revenue of C$102.99 million during the quarter, compared to the consensus estimate of C$102.11 million. Park Lawn had a negative return on equity of 1.26% and a negative net margin of 2.09%.

PLC has been the topic of a number of other reports. CIBC lifted their price target on shares of Park Lawn from C$20.00 to C$21.00 and gave the company a “neutral” rating in a research report on Monday, May 13th. Royal Bank of Canada decreased their price target on shares of Park Lawn from C$25.00 to C$24.00 and set an “outperform” rating for the company in a research report on Tuesday, March 5th. National Bankshares raised their price objective on Park Lawn from C$21.00 to C$22.00 and gave the company an “outperform” rating in a research report on Tuesday. Finally, Acumen Capital upped their target price on Park Lawn from C$23.00 to C$24.00 in a research report on Monday, May 13th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of C$22.88.

Park Lawn Stock Up 1.8 %

Shares of TSE:PLC opened at C$17.40 on Thursday. The stock has a 50-day simple moving average of C$16.75 and a 200-day simple moving average of C$17.91. The stock has a market capitalization of C$594.56 million, a P/E ratio of -62.14, a PEG ratio of 14.67 and a beta of 1.22. Park Lawn has a 1 year low of C$15.48 and a 1 year high of C$25.77. The company has a debt-to-equity ratio of 43.09, a quick ratio of 1.78 and a current ratio of 1.94.

Park Lawn Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, March 29th were given a dividend of $0.114 per share. This represents a $0.46 dividend on an annualized basis and a dividend yield of 2.62%. The ex-dividend date of this dividend was Wednesday, March 27th. Park Lawn’s payout ratio is -164.29%.

Park Lawn Company Profile

Park Lawn Corporation, together with its subsidiaries, owns and operates cemeteries, crematoriums, and funeral homes in Canada and the United States. The company primarily offers cemetery lots, mausoleum crypts, niches, monuments, caskets, urns, outer burial containers, flowers, online and video tribute, and other merchandise, as well as funeral, cemetery, and cremation services.