TSE:CTC.A

Canadian Tire Corporation Ltd. (A) (CTC.A.TO)

199.65
-0.65 (0.32%)
as of Aug 14, 2026, 4:40:57 pm Market Open.
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Investor Insights
star iconAug 13, 2026, 12:00 am

This summary was created by AI, based on 7 opinions in the last 12 months.

The Canadian Tire Corporation Ltd. (CTC.A) is viewed as a solid but unexciting investment by several experts. While the company has shown notable growth, particularly with a recent 38% year-over-year increase in earnings per share, concerns about consumer spending and overall economic health persist, particularly given its discretionary nature. Analysts suggest that although CTC.A is undergoing a transformation showing positive results, it might be at its peak price target range, making it a good time to consider profit-taking. There is a cautious outlook on the stock due to its reliance on consumer sentiment, with comparisons drawn to competitors like DOL, which show more defensive characteristics in their profiles. It remains well-covered in the market, and while the dividend yield is solid, some analysts caution against initiating new positions in discretionary stocks like Canadian Tire amidst economic uncertainties.

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Consensus
Hold
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Valuation
Fair Value
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Similar
DOL, DOL
BUY

Trades reasonably around 10x PE. They execute well and pays an okay dividend. They spun off their real estate, which helped them. A great Canadian brand and does well in less-populated parts of Canada. There'll be some volatility in some earnings, but this will do well over time.

DON'T BUY

They've bought brands to help growth, but it's a mature business. Their performance reflects consumer spending. Not excited about it. Little organic growth.

DON'T BUY

Cheap PE. Over the last 30 years, the stock's traded between a peak of 2.5x book value and a discount of 20% to book. Off peak since May 2021. We're heading into a recession, which won't help retailers and will drive the stock down further.

BUY
Allan Tong’s Discover Picks

CTC’A trades at a 9.92x PE, pays a 3.95% dividend yield backed by a safe 33.24% payout ratio. That valuation, by the way, has been the same since last July and is a far cry from July 2020 through June 2021 when it topped 17x. CTC’A is trending above its 50-day moving average of $154.53 and 200-day of $159.03, while the street sees a higher PE of 10.16x. Quarterly revenue growth YOY rose 3.9% and earnings growth 4.6%. Read: Canadian Tire, Savaria & XLI

TOP PICK

Whatever you need to buy, it's always an option. Management's done a good job moving competition away from online retailers. Impressive profitability of ROE around 18%, well above TSX average. Strong balance sheet. Expects nice capital appreciation. Yield is 4.30%.

(Analysts’ price target is $186.73)
BUY

Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. A more pure Canadian stock play. CTC is very well run, and good growth is expected after a small slowdown this year. EPS is 17.03 with a yield of 2.33%. Unlock Premium - Try 5i Free

HOLD
Retail sector hasn't done well. Downshift to cheaper products, so DOL and DG are doing well. Ubiquitous part of Canada, and has survived worse than this. Sells what people need anyway, so should do OK in a recession. But it will be tough for retail stocks in 2023 compared to other sectors.
DON'T BUY
Good retail mix but has had problems. Does not own stock. Growth depends on Canadian consumer. Already positioned across Canada which doesn't leave much room for growth.
BUY
They are starting to add to it. It is inexpensive and management has done a great job cross marketing brands along with the Canadian Tire brand. They are shareholder friendly with the buying back of shares and increasing of dividends.
BUY
Competes with WMT, HD, LOW, DOL, Giant Tiger. You're always going to find something there, so provides a good service. Well run. Profitable, around market average or slightly higher. Balance sheet in good shape. Attractive multiple. He'd buy for a long-term hold.
TRADE
Model price of $174.14, 15% upside. He'd buy it for a trade at this price of around $151. If it broke significantly below $150, he'd sell.
DON'T BUY
They have a lot more discretionary goods in their mix due to an acquisition, and discretionary spending will weaken as we enter an economic slowdown. Also, consumers have bought a lot of durable goods during Covid. Their e-commerce was terrible before, but is now good. Watch the consumer next year.
DON'T BUY
He was in a store for the first time in a few years. That's the problem--customers can shop online at other places like Amazon. Or they can visit Costco. In rural areas, people still go to CTC, but not in cities, certainly not as much as in past decades. Online shopping is convenient and fabulous.
BUY
He just added this. It's a cheap large cap. CTC sold a lot of outdoor furniture, which was a pandemic bump. They did a great job with supply chain management. Their loyalty program gets cross-selling among their businesses--very good. They're very shareholder-friendly by raising the dividend. Same-store sales growth may be less strong vs. last year, but this is priced into the stock.
DON'T BUY
Did well in pandemic, but worries this may go into reverse. Likes management, dividend, online efforts, business itself. Likes fundamentals, but not the macro. Discretionary spending on durable goods is a lot of what they sell and may get squeezed.
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