Rogers Sugar (TSE:RSI) Announces Earnings Results

Rogers Sugar (TSE:RSI) announced its quarterly earnings data on Thursday. The company reported C$0.19 earnings per share (EPS) for the quarter, FiscalAI reports. Rogers Sugar had a net margin of 4.40% and a return on equity of 13.16%. The company had revenue of C$298.19 million during the quarter.

Here are the key takeaways from Rogers Sugar’s conference call:

• Strong Q1 results — consolidated Adjusted EBITDA of CAD 47 million (+18% YoY), adjusted net earnings of CAD 25 million (+27%) and CAD 89 million trailing‑12‑month free cash flow, though management says some benefit came from timing/non‑recurring items.
• Sugar volumes weakened — Q1 sugar sales were 175,000 metric tons (down ~21k YoY) and full‑year volume guidance was lowered to about 750,000 metric tons (≈4% decline), driven mainly by reduced exports (Brazilian origin to the U.S.) and a resolved customer production issue.
• Margin improvement is partly one‑time — adjusted gross margin per ton rose to CAD 304, but management attributes a meaningful portion to timing and non‑recurring procurement, freight and maintenance adjustments, with about half expected to flow into Q2.
• LEAP project on track — Montreal expansion continues in construction with targeted startup in H1 2027, cost‑to‑complete unchanged at CAD 280–300 million, and financing strengthened by recent convertible debenture issuance.
• Maple segment momentum — Q1 maple revenues up 8% to CAD 72 million and volumes +8%; management expects ~56 million pounds of sales in 2026 (+5%) with gross margins stabilizing around 10–11%.

Rogers Sugar Stock Performance

TSE:RSI traded up C$0.19 during mid-day trading on Thursday, reaching C$6.56. The stock had a trading volume of 649,687 shares, compared to its average volume of 317,446. Rogers Sugar has a twelve month low of C$5.22 and a twelve month high of C$6.67. The business has a 50 day simple moving average of C$6.05 and a 200 day simple moving average of C$6.15. The firm has a market capitalization of C$840.87 million, a price-to-earnings ratio of 13.39 and a beta of 0.77. The company has a debt-to-equity ratio of 104.41, a quick ratio of 0.56 and a current ratio of 1.39.

Rogers Sugar Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Wednesday, January 14th were issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 5.5%. The ex-dividend date of this dividend was Wednesday, December 24th. Rogers Sugar’s dividend payout ratio is currently 73.47%.

Analysts Set New Price Targets

A number of brokerages have commented on RSI. BMO Capital Markets lifted their target price on shares of Rogers Sugar from C$6.50 to C$7.00 and gave the stock a “market perform” rating in a research note on Friday, November 28th. TD Securities lowered shares of Rogers Sugar from a “buy” rating to a “hold” rating and set a C$7.00 price objective for the company. in a research note on Friday, November 28th. Finally, National Bankshares upped their price target on Rogers Sugar from C$6.25 to C$7.00 and gave the stock a “sector perform” rating in a report on Friday, November 28th. One equities research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Rogers Sugar currently has an average rating of “Hold” and an average price target of C$6.90.

Rogers Sugar Company Profile

Rogers Sugar Inc is a Canada based sugar producing company. The company along with its subsidiaries is principally engaged in refining, packaging, and marketing sugar products. The products offered by the company include iced tea mix, stevia, yellow sugar, Cubes, Coconut sugar, and other related sugar products. It operates in the following reportable segments: Sugar and Maple products, of which the majority of the revenue comes from sugar products. Its geographical segments include Canada, which is the key revenue generator; the United States; Europe; and others.