Canadian Tire Ownership

The market capitalization of Canadian Tire is C$8.64 Billion. Canadian Tire shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 81.93 percent of Canadian Tire outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note, that even with substantial debt, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company at some point. Some institutional investors establish a significant position in stocks such as Canadian Tire in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Canadian Tire, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits. At this time, Canadian Tire's Dividends Paid is very stable compared to the past year. As of the 25th of November 2024, Dividend Yield is likely to grow to 0.05, while Dividend Paid And Capex Coverage Ratio is likely to drop 0.99. As of the 25th of November 2024, Common Stock Shares Outstanding is likely to grow to about 61.6 M, while Net Income Applicable To Common Shares is likely to drop about 838.5 M. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Tire. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.