National Bank Financial Forecasts TSE:RCH Q1 Earnings

Richelieu Hardware Ltd. (TSE:RCH) – Equities research analysts at National Bank Financial issued their Q1 2025 EPS estimates for Richelieu Hardware in a research report issued on Thursday, January 16th. National Bank Financial analyst Z. Evershed expects that the company will earn $0.31 per share for the quarter. National Bank Financial also issued estimates for Richelieu Hardware’s Q2 2025 earnings at $0.51 EPS, Q3 2025 earnings at $0.53 EPS, Q4 2025 earnings at $0.59 EPS and FY2026 earnings at $2.40 EPS.

Separately, CIBC cut their price objective on shares of Richelieu Hardware from C$43.00 to C$42.00 in a report on Wednesday, January 15th.

Richelieu Hardware Price Performance

Shares of RCH stock opened at C$42.57 on Monday. The firm’s 50 day moving average is C$38.97 and its 200-day moving average is C$39.18. Richelieu Hardware has a 1 year low of C$36.30 and a 1 year high of C$45.06. The firm has a market capitalization of C$2.37 billion, a price-to-earnings ratio of 26.61, a PEG ratio of 0.77 and a beta of 0.94. The company has a current ratio of 3.46, a quick ratio of 0.72 and a debt-to-equity ratio of 26.31.

Richelieu Hardware Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 13th. Investors of record on Thursday, February 13th will be issued a $0.1533 dividend. This is a positive change from Richelieu Hardware’s previous quarterly dividend of $0.15. This represents a $0.61 annualized dividend and a yield of 1.44%. The ex-dividend date of this dividend is Thursday, January 30th. Richelieu Hardware’s dividend payout ratio is currently 37.50%.

Insider Buying and Selling at Richelieu Hardware

In other Richelieu Hardware news, Senior Officer Antoine Auclair sold 5,400 shares of the company’s stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of C$38.26, for a total value of C$206,605.62. Also, Senior Officer Guy Grenier sold 3,000 shares of the company’s stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of C$37.54, for a total transaction of C$112,632.90. Insiders own 7.62% of the company’s stock.

Richelieu Hardware Company Profile

Richelieu Hardware Ltd. manufactures, imports, and distributes specialty hardware and complementary products in Canada and the United States. The company’s principal product categories include furniture, glass and building decorative, and functional hardware; lighting systems; finishing and decorating products; ergonomic workstation components; kitchen and closet storage solutions; sliding door systems; decorative and functional panels; high-pressure laminates; railing and balusters; floor protection products; and power tool accessories.