FY2024 EPS Estimates for Transcontinental (TSE:TCL) Increased by Analyst

Transcontinental (TSE:TCL) – Research analysts at National Bank Financial raised their FY2024 EPS estimates for Transcontinental in a research note issued on Thursday, September 12th. National Bank Financial analyst A. Shine now anticipates that the company will post earnings per share of $2.33 for the year, up from their previous estimate of $2.29. National Bank Financial also issued estimates for Transcontinental’s FY2025 earnings at $2.56 EPS.

Transcontinental Stock Performance

Transcontinental has a 12 month low of C$23.27 and a 12 month high of C$31.95.

Transcontinental Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, October 21st. Shareholders of record on Thursday, October 3rd will be paid a $0.225 dividend. The ex-dividend date of this dividend is Thursday, October 3rd. This represents a $0.90 annualized dividend and a dividend yield of ∞.

Insider Activity at Transcontinental

In other news, Senior Officer Donald Lecavalier acquired 3,400 shares of the company’s stock in a transaction dated Thursday, June 20th. The shares were bought at an average price of C$14.78 per share, with a total value of C$50,252.00. In other Transcontinental news, insider Transcontinental inc. bought 42,954 shares of the business’s stock in a transaction that occurred on Monday, June 24th. The stock was acquired at an average cost of C$15.19 per share, with a total value of C$652,277.97. Also, Senior Officer Donald Lecavalier bought 3,400 shares of Transcontinental stock in a transaction that occurred on Thursday, June 20th. The shares were acquired at an average price of C$14.78 per share, with a total value of C$50,252.00. Insiders have purchased 47,054 shares of company stock worth $713,170 over the last quarter.

Transcontinental Company Profile

Transcontinental Inc is a Canada-based printing company. The Company has operations in print, flexible packaging, publishing and digital media, both in Canada and the United States. The Company’s segments include the Printing and Packaging Sector, and the Media Sector. The Printing and Packaging Sector includes the manufacturing activities of the Company, and generates revenues from various activities, such as the printing of retail flyers, magazines, newspapers, color books, personalized and mass marketing products, and the production of flexible packaging solutions in Canada and the United States.